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AM Best Revises Outlooks to Positive for Ategrity Specialty Insurance Company Holdings and Its Subsidiaries
Businesswire· 2025-12-04 22:16
Dec 4, 2025 5:16 PM Eastern Standard Time AM Best Revises Outlooks to Positive for Ategrity Specialty Insurance Company Holdings and Its Subsidiaries Share OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a-†(Excellent) of Ategrity Specialty Insurance Company (ASIC) and its affiliate, Ategrity Specialty Insurance Limited (ASIL). Concurrently, AM Bes ...
Heritage to Present at Sidoti Year End Virtual Conference
Prnewswire· 2025-12-04 21:38
SOURCE Heritage Insurance Holdings, Inc. 21% more press release views with Request a Demo Also from this source Heritage Reports Third Quarter 2025 Results Accessibility StatementSkip Navigation TAMPA, Fla., Dec. 4, 2025 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today announced that Ernie Garateix, CEO, and Kirk Lusk, CFO, will participate at the Sidoti Year End Virtual Investor Conference ...
Trisura Group Ltd. Announces Renewal of Normal Course Issuer Bid
Globenewswire· 2025-12-04 21:26
Core Viewpoint - Trisura Group Ltd. has announced its intention to renew its Normal Course Issuer Bid (NCIB) to repurchase up to 1,427,012 common shares, representing approximately 3% of its issued and outstanding shares, to offset dilution from equity incentive programs and return capital to shareholders [1][2][4]. Group 1: NCIB Details - The NCIB will commence on December 9, 2025, and end on December 8, 2026, allowing Trisura to purchase shares at market prices or other permitted prices [2][5]. - Trisura Group had previously received approval to purchase up to 1,433,371 common shares under its previous NCIB, which expires on December 5, 2025 [3]. - The company has not repurchased any common shares in the last twelve months [3]. Group 2: Share Purchase Plan - An automatic share purchase plan is intended to be established around December 9, 2025, allowing for share purchases during internal trading black-out periods [6]. - All shares acquired under the NCIB will be cancelled or purchased by a non-independent trustee as per Trisura's escrowed stock plan [5]. Group 3: Company Overview - Trisura Group Ltd. operates as a specialty insurance provider in various business lines, including Surety, Warranty, Corporate Insurance, and Fronting, primarily in Canada and the United States [7].
AM Best Revises Outlooks to Negative for Kansas City Life Insurance Company; Downgrades Credit Ratings of Grange Life Insurance Company; Revises Issuer Credit Rating Outlook to Negative for Old American Insurance Company
Businesswire· 2025-12-04 21:21
Core Viewpoint - AM Best has revised the outlooks for Kansas City Life Insurance Company to negative from stable while affirming its Financial Strength Rating (FSR) of A- and Long-Term Issuer Credit Rating (ICR) of "a-" [1] - Grange Life Insurance Company has been downgraded by AM Best, with its FSR reduced to B+ from B++ and Long-Term ICR downgraded to "bbb-" from "bbb" [1] Group 1 - Kansas City Life Insurance Company maintains an FSR of A- (Excellent) despite the negative outlook revision [1] - The Long-Term ICR for Kansas City Life is affirmed at "a-" (Excellent) [1] - Grange Life Insurance Company has seen a downgrade in its FSR to B+ (Good) [1] Group 2 - The Long-Term ICR for Grange Life is downgraded to "bbb-" (Good) [1] - The changes reflect AM Best's assessment of the companies' financial strength and market conditions [1]
AXIS Capital Declares Quarterly Dividends
Businesswire· 2025-12-04 21:15
AXIS Capital Declares Quarterly Dividends Share PEMBROKE, Bermuda--(BUSINESS WIRE)--AXIS Capital Holdings Limited ("AXIS Capital" or the "Company†) (NYSE: AXS) today announced that its Board of Directors has declared a quarterly dividend of $0.44 per common share payable on January 15, 2026 to shareholders of record at the close of business on December 31, 2025. In addition, the Board declared a dividend of $34.375 per Series E 5.50% preferred share (equivalent to $0.34375 per depositary share) payable on ...
Lincoln Financial Appoints Nilanjan (Neel) Adhya as EVP, Chief AI, Data and Analytics Officer
Businesswire· 2025-12-04 21:15
Core Insights - Lincoln Financial has appointed Nilanjan (Neel) Adhya as Executive Vice President, Chief AI, Data and Analytics Officer, effective January 9, 2026, to enhance AI and data capabilities within the company [1][3] Company Overview - Lincoln Financial operates across four core businesses: annuities, life insurance, group protection, and retirement plan services, serving approximately 17 million customers as of December 31, 2024 [5] - The company reported $347 billion in end-of-period account balances, net of reinsurance, as of September 30, 2025 [5] Leadership Background - Adhya previously served as Chief Digital Officer and Global Head of Digital Platforms and Experiences at BlackRock, where he led AI initiatives and modernized digital strategies [2] - He has 25 years of experience in product and customer-experience driven business transformations, including 16 years at IBM in various leadership roles [4] Strategic Vision - Ellen Cooper, Chairman, President and CEO of Lincoln Financial, emphasized the importance of AI and data in optimizing the company's operating model for future growth [3] - Adhya expressed his commitment to applying AI and data in a disciplined manner to enhance customer experience, improve operational efficiency, and foster innovation [5]
Unum Group's Board of Directors Authorizes $1 Billion Share Repurchase Program
Businesswire· 2025-12-04 21:15
Core Viewpoint - Unum Group has announced a new share repurchase program, allowing the company to buy back up to $1 billion of its common stock starting January 1, 2026 [1] Summary by Relevant Sections - **Share Repurchase Program** - The board of directors has approved a new program for repurchasing shares [1] - The new program will authorize repurchases of up to $1 billion [1] - The current share repurchase program will remain effective until December 31, 2025, after which the new program will take effect [1]
Global Indemnity Group, LLC Announces Quarterly Distribution
Globenewswire· 2025-12-04 21:05
WILMINGTON, Del., Dec. 04, 2025 (GLOBE NEWSWIRE) -- Global Indemnity Group, LLC (NASDAQ:GBLI) (“GBLI”) announced today that its Board of Directors has approved a distribution payment of $0.35 per common share to be paid on December 30, 2025 to all shareholders of record as of the close of business on December 22, 2025. About Global Indemnity Group, LLC and its subsidiaries Global Indemnity Group, LLC (NASDAQ:GBLI) is a publicly traded holding company with a diversified portfolio of property and casualty ins ...
新华保险(601336.SH):独立董事马耀添辞职
Ge Long Hui· 2025-12-04 20:23
格隆汇12月3日丨新华保险(601336.SH)公布,本公司董事会于2025年12月3日收到独立董事马耀添先生 的辞职函,因任独立董事时间已满六年,根据相关监管规定,马耀添先生辞去本公司独立董事、董事会 提名薪酬委员会委员及风险管理与消费者权益保护委员会委员职务。 ...
Arch Capital Group Ltd. (ACGL): A Bull Case Theory
Yahoo Finance· 2025-12-04 19:15
Core Thesis - Arch Capital Group Ltd. (ACGL) is viewed as a compelling investment opportunity following a recent sell-off that is perceived as overblown, with the stock trading at $92.69 and a P/E ratio under 9x, significantly below the industry average of approximately 13x [1][2]. Financial Performance - ACGL has demonstrated strong leadership and operational excellence, outperforming peers in key metrics such as combined ratio, earnings growth, return on equity, and premium growth [2]. - The company's business mix is diversified across commercial insurance, reinsurance, and a profitable mortgage insurance segment, providing a resilient earnings base [3]. Market Dynamics - The recent market reaction to ACGL's slightly softer top-line growth and minor expense pressures is considered disproportionate, with revenue softness attributed to prudent underwriting and an evolving client mix [3]. - The property & casualty sector is currently out of favor, creating a favorable entry point for high-quality operators like Arch Capital [4]. Investment Opportunity - The current pullback in ACGL's stock price presents an opportunity for investors to gain exposure to a resilient insurer with strong fundamentals and disciplined management, making it an attractive long-term investment at a significant discount to intrinsic value [5].