Here are the top gainers and losersAs of Friday (November 28, 2025), HMC Capital Limited led the gains on the S&P/ASX 200, with its share price rising to $3.870, an increase of $0.320 or 9.014%. Temple & Webster Group Ltd followed, lifting to $15.520 after a $1.070 gain, representing a 7.404% rise.Among the declines, Eagers Automotive Limited recorded the sharpest fall, slipping to $28.480 after a decrease of $1.100, or -3.719%. Suncorp Group Limited also moved lower, dropping $0.650 to end at $17.560, repr ...

Core Insights - Insurance stocks have shown a cooling trend, with the iShares U.S. Insurance ETF (IAK) remaining flat since May 2025, underperforming the S&P 500 by approximately 16 percentage points [1] Group 1: Market Performance - The iShares U.S. Insurance ETF (IAK) has not experienced growth since May 2025, indicating a stagnation in the insurance sector [1] Group 2: Comparative Analysis - The performance of the iShares U.S. Insurance ETF (IAK) is notably lagging behind the S&P 500, highlighting potential challenges within the insurance industry [1]

Taiwan’s life insurers are issuing US dollar bonds at a record pace to build capital buffers and help them avoid adding to currency mismatch risks https://t.co/HAahfNbkws ...

Core Insights - CNA Financial is experiencing solid improvement in earnings estimates, which may lead to continued stock price momentum [1][2] - Analysts show growing optimism regarding CNA Financial's earnings prospects, correlating with potential stock price increases [2][3] Current-Quarter Estimate Revisions - The expected earnings for the current quarter are $1.10 per share, reflecting a year-over-year decrease of 12.0% [5] - Over the last 30 days, the Zacks Consensus Estimate for CNA Financial has increased by 11.11%, with one estimate moving higher and no negative revisions [5] Current-Year Estimate Revisions - The full-year earnings estimate stands at $4.86 per share, indicating a change of +0.6% from the previous year [6] - The consensus estimate has increased by 6% due to two estimates moving higher and no negative revisions [7] Zacks Rank and Performance - CNA Financial holds a Zacks Rank 2 (Buy), indicating promising estimate revisions that may lead to effective investment decisions [8] - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [8] Bottom Line - Strong estimate revisions have led to a 6.5% increase in CNA Financial's stock over the past four weeks, suggesting potential for further upside [9]

Core Insights - The article compares two stocks in the Insurance - Multi line sector: M?nchener R?ckversicherungs-Gesellschaft (MURGY) and Zurich Insurance Group Ltd. (ZURVY) to determine which offers better value for investors [1] Group 1: Zacks Rank and Earnings Estimates - MURGY has a Zacks Rank of 2 (Buy), indicating stronger earnings estimate revision activity compared to ZURVY, which has a Zacks Rank of 3 (Hold) [3] - The improving analyst outlook for MURGY suggests a more favorable investment opportunity for value investors [3] Group 2: Valuation Metrics - MURGY's forward P/E ratio is 11.29, significantly lower than ZURVY's forward P/E of 16.12, indicating that MURGY may be undervalued [5] - MURGY has a PEG ratio of 1.52, while ZURVY's PEG ratio is 1.71, suggesting that MURGY offers better value when considering expected EPS growth [5] - MURGY's P/B ratio is 2.36, compared to ZURVY's P/B of 3.89, further supporting the notion that MURGY is more attractively priced [6] Group 3: Value Grades - MURGY has a Value grade of B, while ZURVY has a Value grade of C, indicating that MURGY is perceived as a better value investment [6]

Core Insights - MGIC Investment Corporation (MTG) shares closed at $28.38, near its 52-week high of $29.01, indicating strong investor confidence and potential for further price appreciation [1] - The stock is trading above its 50-day and 200-day simple moving averages, suggesting solid upward momentum [1] Market Performance - MTG has a market capitalization of $6.54 billion, with an average trading volume of 1.83 million shares over the last three months [2] - Year-to-date, MTG shares have gained 19.7%, outperforming the Finance sector's growth of 13.2% and the Zacks S&P 500 composite's growth of 17.6% [3] - Compared to peers like Assurant, Inc. (AIZ), Horace Mann Educators Corporation (HMN), and Radian Group Inc. (RDN), which gained 7.2%, 17.4%, and 12% respectively, MTG has shown superior performance [4] Growth Drivers - MTG anticipates stronger insurance-in-force growth driven by new business and solid persistency, supported by higher home sales, increased cash purchases, and improved refinancing activity [7] - The company has a capital strength that allows for significant share buybacks, with $614 million authorized through 2027 [7] Valuation Metrics - MGIC Investment shares are trading at a price-to-book value of 1.23X, lower than the industry average of 2.24X, indicating a better entry point for investors [8] - The stock has a Value Score of B, highlighting its attractiveness as a value stock [8] Financial Performance - MTG's return on invested capital (ROIC) has been increasing, currently at 11%, significantly higher than the industry average of 2% [9] - Earnings have grown by 12% over the past five years, outperforming the industry average of 9.8% [11] - The company has consistently surpassed earnings estimates, with an average surprise of 14.21% over the last four quarters [12] Analyst Sentiment - Analysts have raised earnings estimates for MTG for 2025 and 2026, with the Zacks Consensus Estimate for 2025 earnings moving up by 3.6% [13] Future Projections - The Zacks Consensus Estimate for MGIC Investment's 2025 earnings per share indicates a year-over-year increase of 7.2%, with revenues projected at $1.22 billion, reflecting a 0.4% improvement [10] - For 2026, earnings and revenues are expected to increase by 0.4% and 2.6%, respectively, compared to 2025 estimates [10] Risk Management - MGIC Investment is experiencing a decline in claim filings, which is expected to strengthen its balance sheet and improve its financial profile [14] - The company is enhancing its capital position through capital contributions and reinsurance transactions [15] Shareholder Value - MTG's capital strength supports wealth distribution through share buybacks, reflecting strong mortgage credit performance [16] - The company is focused on growth through higher premiums, outstanding credit quality, and new business initiatives [17] - Solid growth projections and attractive valuations are expected to benefit MGIC Investment in the long term [18]

Core Viewpoint - Piraeus Financial Holdings has successfully acquired 100% of Ethniki Insurance's parent company, Ethniki Holdings, enhancing its revenue diversification and strategic growth in the financial services sector [1][3][4]. Group 1: Acquisition Details - The acquisition was completed for a total consideration of €0.6 billion in cash, following exclusive discussions that began in February 2025 regarding a potential 70% stake acquisition for €469 million [3]. - Piraeus Financial Holdings' total capital ratio is projected to be around 19% by the end of 2025, which includes a Pillar 2 Guidance buffer of approximately 300 basis points [3]. Group 2: Strategic Implications - The acquisition is expected to diversify Piraeus Group's revenue sources and complement its product offerings in banking, protection, and investment solutions [4]. - Ethniki Insurance, as one of Greece's leading and oldest insurers, serves 1.8 million active customers and provides a wide range of insurance products [4]. Group 3: Future Plans - In the first quarter of 2026, Piraeus will outline its medium-term ambitions for the expanded group, focusing on growth and value creation for shareholders, customers, and employees [5]. Group 4: Leadership Insights - The CEO of Piraeus Group emphasized that the acquisition marks a significant milestone for the company, enhancing its capabilities and setting a new benchmark in the Greek economy [6]. - The CEO of Ethniki Insurance highlighted the acquisition as a new era for the company, creating opportunities for growth and value for stakeholders [6]. Group 5: Advisory Support - UBS Europe SE acted as the financial advisor for Piraeus on this transaction, with additional support from Milliman and Milbank LLP as actuarial advisors, and Moratis Passas and Potamitis Vekris as legal advisors [6].

Core Insights - Arch Insurance International has appointed Beth Jenkins as a Senior Casualty Underwriter to enhance its casualty portfolio [1][2] - Jenkins will focus on developing Arch's UK risk managed retail platform and wholesale EEA business [2] - Jenkins brings experience from Allied World and Munich Re, which will aid in strengthening broker relationships [2][3] Company Developments - The appointment of Jenkins is part of Arch's strategy to expand its casualty offerings [1][2] - Jenkins will report to Marie-Claire Bessada, Head of Retail, General Liability at Arch Insurance International [2] - Bessada emphasized the importance of Jenkins' expertise in enhancing Arch's proposition to brokers and clients [3]

Core Viewpoint - Dividend 15 Split Corp. has renewed its at-the-market equity program, allowing the issuance of shares until October 6, 2026, with a maximum gross proceeds of $600 million [1][2]. Group 1: ATM Program Details - The renewed ATM Program replaces the previous program that ended in September 2024 and allows the Company to issue Class A Shares and Preferred Shares at prevailing market prices [1][2]. - Sales will occur through the Toronto Stock Exchange or other Canadian marketplaces, with the distribution governed by an equity distribution agreement with National Bank Financial Inc. [1][2][3]. - The volume and timing of distributions will be determined at the Company's discretion, and proceeds will align with the Company's investment objectives and strategies [3]. Group 2: Investment Portfolio - The Company invests in a high-quality portfolio of leading Canadian dividend-yielding stocks, including major banks and corporations such as Bank of Montreal, Royal Bank of Canada, and BCE Inc. [4].

Core Insights - Allianz is planning to reduce its workforce in the travel insurance segment by 1,500 to 1,800 employees over the next 12 to 18 months, primarily affecting call center positions as the company integrates AI into its processes [1][2] - The company has a total workforce of 22,600 employees, with approximately 14,000 involved in handling customer queries and claims by phone [1] - Allianz anticipates that these changes will create opportunities for learning and new roles, although they may impact positions reliant on manual processes [2] Financial Performance - Allianz's net income attributable to shareholders for Q3 2025 increased by 15.2% to €2.8 billion ($3.24 billion) compared to €2.4 billion in the same period last year [3] - Operating profit for the same period rose by 12.6% to €4.4 billion from €3.9 billion a year earlier [3] - For the first nine months of 2025, net income attributable to shareholders was €8.11 billion, an increase of 8.7% from €7.4 billion in the same period a year earlier [4]