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Fairfax Completes C$700 Million Senior Notes Offering
Globenewswire· 2025-08-14 13:05
Core Viewpoint - Fairfax Financial Holdings Limited has successfully completed an offering of C$400 million in 4.45% Senior Notes due 2035 and C$300 million in 5.10% Senior Notes due 2055, totaling C$700 million in Senior Notes [1][2]. Group 1: Offering Details - The Senior Notes were offered through a syndicate of dealers led by National Bank Financial Inc., RBC Dominion Securities Inc., Scotia Capital Inc., and TD Securities Inc. as joint bookrunners [2]. - The Senior Notes are unsecured obligations of Fairfax [2]. Group 2: Use of Proceeds - Fairfax intends to use the net proceeds from the offering to refinance, repay, or redeem outstanding debt, equity, or other corporate obligations, pursue potential acquisition or investment opportunities, and for general corporate purposes [3]. - Specific determinations regarding the debt, equity, or corporate obligations to be repaid or redeemed have not yet been made, nor have decisions been made regarding specific acquisitions or investments [3]. Group 3: Company Overview - Fairfax is a holding company primarily engaged in property and casualty insurance and reinsurance, along with associated investment management [5].
Fidelis Insurance (FIHL) - 2025 Q2 - Earnings Call Presentation
2025-08-14 13:00
Financial Highlights - Total Assets reached $13 billion as of June 30, 2025[7, 20] - Shareholders' Equity stood at $2.3 billion as of June 30, 2025[7, 20] - Cash & Invested Assets amounted to $4.3 billion as of June 30, 2025[7, 35] - Gross Premiums Written (TTM ended June 30, 2025) were $4.6 billion[7, 11] Performance & Growth - Book Value Growth from 2022 to 2024 was 37%[7] - The average Combined Ratio from 2018 to 2024 was 87.7%[7] - Gross premiums written growth of $234 million, a 9% increase, from the first half of 2024[22] - Book value per diluted common share increased by 1.1% from $21.79 on December 31, 2024, to $22.04 on June 30, 2025[22] Segment Breakdown (TTM ended June 30, 2025) - Insurance segment accounted for $3.674 billion, representing 79% of Gross Premiums Written[10] - Reinsurance segment accounted for $964 million, representing 21% of Gross Premiums Written[12] Capital Management - The company returned $133 million of capital to common shareholders in the six months ended June 30, 2025, including $111 million in share repurchases and $22 million in dividends[22]
Globe Life Inc. Announces Dual Listing on NYSE Texas
Prnewswire· 2025-08-14 13:00
About Globe Life: Globe Life (NYSE: GL) is headquartered in McKinney, TX, and has more than 16,000 insurance agents and 3,600 corporate employees. With a mission to Make Tomorrow Better, Globe Life and its subsidiary companies issue more life insurance policies and have more policyholders than any other life insurance company in the country, with more than 17 million policies in force (excluding reinsurance companies; as reported by S&P Global Market Intelligence 2024). Globe Life's insurance subsidiaries i ...
New Strong Sell Stocks for August 14th
ZACKS· 2025-08-14 10:45
Group 1 - Fidelis Insurance Holdings Limited (FIHL) has been added to the Zacks Rank 5 (Strong Sell) List due to a 42.9% downward revision in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Flowco Holdings Inc. (FLOC) is also on the Zacks Rank 5 (Strong Sell) List, with a 3.4% downward revision in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - WhiteHorse Finance, Inc. (WHF) has been included in the Zacks Rank 5 (Strong Sell) List, experiencing a 4.1% downward revision in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2]
Lemonade: The Reinsurance Reset Powering Growth
Seeking Alpha· 2025-08-14 09:58
Group 1 - The core thesis on Lemonade, Inc. (NYSE: LMND) is that it is transforming a historically volatile, capital-intensive commodity into a learning system that improves its economics as it scales [1] - The company is positioned as a tech insurer, but its real value lies in its ability to learn and adapt policy by policy [1] Group 2 - The article emphasizes the importance of understanding how great businesses create long-term value and the focus on identifying mispriced quality companies [1] - It highlights the disciplined, fundamentals-first approach to investing, which is grounded in long-term thinking and resilience across market cycles [1]
The Best Trillion-Dollar Stock to Invest $1,000 in Right Now
The Motley Fool· 2025-08-14 09:36
All of the companies that have reached the trillion-dollar level are technology businesses -- except one. Earlier in 2025, Berkshire Hathaway (BRK.A 1.59%) (BRK.B 1.50%), the conglomerate led by Warren Buffett, became the first non-technology company to reach the elusive thirteen-digit valuation level. Berkshire reached an all-time high in late April, and then CEO and legendary investor Warren Buffett announced his intention to step aside at the end of the year. Since that time, Berkshire has dropped by 14% ...
Alm. Brand Group receives credit ratings from Moody's Ratings
Globenewswire· 2025-08-14 08:00
Please direct any questions regarding this announcement to: Investors and analysts: Head of Investor Relations and ESG Mads Thinggaard Alm. Brand Forsikring A/S receives an 'A2' insurance financial strength rating from Moody's Ratings Today, Alm. Brand Group announces that the international credit rating agency, Moody's Ratings, has assigned Alm. Brand Group their official credit ratings. The credit ratings from Moody's Ratings supplement the existing credit ratings from Fitch Ratings and further cement Alm ...
Tokio Marine Holdings: Trading At Fair Valuation With Positive Earnings Guidance Into 2026 (Hold)
Seeking Alpha· 2025-08-14 07:56
Group 1 - The insurance segment has experienced significant growth driven by technological advancements and increased earnings [1] - In the first two months of fiscal year 2025, Japan's life insurance segment reported a rise in premium income [1]
中国人寿财险黑龙江省分公司牡丹江中心支公司被罚款12万元 因给予投保人保险合同约定以外的利益
国家金融监督管理总局牡丹江监管分局行政处罚信息公开表(' 21、22、23号) 当事人名 序 行政处罚决定 行政处罚 作 主要违法违规行为 号 称 书文号 内容 中国人寿 财产保险 股份有限 牡金监罚决字 公司黑龙 罚款12 (2025) 21 1 江省分公 万元 号 司牡丹江 中心支公 司 给予投保人保险合同 赵振华 约定以外的利益 (时任中 国人寿财 产保险股 # 牡金监罚决字 警告并罚 份有限公 幅 2 (2025) 22 司黑龙江 款4万元 号 省分公司 牡丹江中 心支公司 总经理) 程淑亲 (新华人 寿保险股 牡金监罚决字 给予投保人、被保险 警告并罚 份有限公 3 (2025) 23 人保险合同约定以外 款8000 司牡丹江 号 的利益 元 中心支公 司个人代 理人) 凤凰网财经讯 8月14日,据国家金融监管总局官网消息显示,中国人寿财险黑龙江省分公司牡丹江中心支公司因给予投保人保险合同约定以外的利益,被罚 款12万元。 时任中国人寿财险黑龙江省分公司牡丹江中心支公司总经理赵振华对此违规行为负有责任,被警告并罚款4万元。 ...
险企二季度偿付能力对比,5家未达标
记者丨孙诗卉 实习生涂盛青 5家险企风险综合评级为C级 近期,保险公司二季度偿付能力报告密集披露。据21世纪经济报道记者不完全统计,目前已有60家非上 市寿险公司和76家非上市财产险公司公布2025年二季度偿付能力报告。其中,公布报告的险企中有14家 评级为AAA级,5家偿付能力处于未达标状态。 对外经济贸易大学保险学院教授王国军对21世纪经济报道记者表示,2025年二季度,大多数保险公司的 偿付能力保持稳定,核心偿付能力充足率和综合偿付能力充足率均满足监管要求。五家险企偿付能力不 达标,极个别险企延迟披露,其原因主要包括董事会不健全、高管人员长期空缺导致的公司治理结构不 完善;股东纠纷导致公司战略方向不明确;公司经营不稳定,外部资本补充困难,内部积累补充资本乏 力等。 偿付能力是保险公司对保单持有人履行赔付义务的能力。据《保险公司偿付能力管理规定》要求,保险 公司须同时满足核心偿付能力充足率不低于50%、综合偿付能力充足率不低于100%、风险综合评级在B 类及以上三项指标,才能被认定为偿付能力达标。 风险综合评级方面,偿二代二期(C-ROSSII)体系,将风险综合评级从原来的A、B、C、D四类细化为 AAA ...