Group 1: Giverny Capital Asset Management Performance - Giverny Capital Asset Management's portfolio returned 0.01% in Q4 2025, underperforming the S&P 500 which returned 2.66% [1] - Year-to-date, the fund achieved a return of 12.58%, compared to 17.88% for the S&P 500 [1] - The firm faced challenges in Q4 2025 and the calendar year, primarily due to underweighting in large technology companies and overweighting in smaller niche leaders [1] Group 2: Kinsale Capital Group, Inc. Overview - Kinsale Capital Group, Inc. (NYSE:KNSL) is a property and casualty insurance company founded in 2009 [2] - The one-month return for Kinsale Capital Group was -0.29%, and its shares declined by 12.09% over the past 52 weeks [2] - As of January 30, 2026, Kinsale's stock closed at $395.88 per share, with a market capitalization of $9.224 billion [2] Group 3: Kinsale Capital Group Competitive Advantage - Giverny Capital Asset Management has been adding to its position in Kinsale Capital Group during periods of weakness, indicating confidence in the company [3] - Kinsale is recognized for its efficient underwriting of low-cost property and casualty insurance for small and medium-sized clients [3] - The company utilizes advanced technology to quickly assemble data, allowing it to quote most policy submissions faster than competitors, with underwriters able to handle about 10 submissions per day compared to the industry average of 2-3 [3] - Kinsale maintains the lowest expense structure within its peer group, enhancing its competitive advantage [3]

来源：首都金融 要坚持党对金融工作的全面领导，推动党建与业务同谋划、同部署，把党领导金融工作的体制机制进一 步细化、实化、具体化，把党的政治优势和制度优势转化为首都金融治理效能。要加快健全地方金融系 统党的建设工作机制，加强地方国有和非公金融企业党的建设。要持续正风肃纪营造良好政治生态，锲 而不舍落实中央八项规定精神，锻造忠诚干净担当的高质量专业化首都金融干部人才队伍。 会议传达了全国金融系统工作会、市"两会"、市委专题会会议精神。工行北分、中金公司、人保财险北 分、安联资管作交流发言。市委金融委委员和委员单位分管负责同志、市委金融办领导班子成员及各处 室负责同志、各区人民政府及经开区管委会分管负责同志、部分在京金融机构负责同志等出席会议。 来源：市委金融办 市委金融工委 市金融管理局 2月2日，北京市2026年金融系统工作会议召开。会议深入学习贯彻习近平经济思想金融篇，全面贯彻落 实中央经济工作会议、全国金融系统工作会议精神，总结2025年首都金融工作，谋划2026年重点工作任 务。 会议认为 2025年首都金融系统在市委市政府的领导下，着眼于国家金融管理中心定位，坚持首善标准、稳中求 进，紧密围绕防风险、 ...

Group 1 - Prudential Financial, Inc. (NYSE:PRU) is recognized as one of the 7 Best Non-REIT Dividend Stocks to Invest in [1] - The price target for Prudential Financial has been raised to $113 from $111, while maintaining a Hold rating [2][3] - The company operates as a diversified financial services firm, providing insurance, investment, and retirement products globally [2] Group 2 - The CEO of Prudential Financial's Japan life insurance unit will resign following employee misconduct involving approximately 3.1 billion yen (about $19.6 million) [4][5] - A total of 498 customers were affected by the misconduct, which included improper financial activities by employees [5] - The Japan unit has been conducting an internal review since August 2024, expanding the investigation after discovering multiple similar cases [6]

Group 1 - Intesa Sanpaolo's CEO stated that the bank's dominant position in Italy remains secure despite potential mergers among competitors like UniCredit and Generali [1]

SCOR has partnered with German digital-risk managing general agent Baobab Insurance through the SCOR Syndicate at Lloyd’s to increase underwriting support for Baobab’s CyberSafe policies in Germany and Austria. Under the arrangement, the French reinsurance company has added capacity to Baobab’s existing binder, widening eligibility to companies generating up to €1bn in annual revenue across the two countries. The move brings SCOR alongside several Lloyd’s syndicates that are already backing Baobab and f ...

Core Insights - Aon reported a significant increase in net income attributable to shareholders, reaching $1.7 billion for Q4 2025, a 136% increase from $716 million in Q4 2024 [1] - The diluted net income per share also saw a substantial rise to $7.82 from $3.28 in the same quarter last year [1] - Total revenue for Q4 2025 was $4.3 billion, reflecting a 4% year-on-year growth [1] Revenue Breakdown - The revenue growth included 5% organic growth and a 2% positive impact from foreign currency movements, offset by a 3% negative impact from acquisitions and divestitures [2] - Risk Capital revenue increased by 7% to $2.7 billion, while Human Capital revenue decreased by 1% to $1.6 billion [2] - Within Risk Capital, Commercial Risk Solutions revenue rose by 7% to $2.3 billion, with organic growth of 6% [2][3] Segment Performance - Reinsurance Solutions generated $379 million in revenue for the quarter, marking an 8% increase with organic growth also at 8% [3] - In the Human Capital segment, Health Solutions revenue increased by 3% to $1.1 billion, driven by core health benefits [4] - The Wealth Solutions subsegment within Human Capital recorded a 2% organic revenue rise, indicating growth in Retirement [4] Annual Performance - For the full year ending December 2025, total revenue reached $17.2 billion, a 9% increase from the previous year [5] - Full-year net income attributable to shareholders increased by 39% to $3.7 billion, with diluted earnings per share of $17.02 [5] - The company repurchased approximately 2.7 million class A ordinary shares at an average price of $365.91, spending around $1 billion on buybacks [6]

Group 1 - The document contains various references to tax-related topics, including excise duty changes, income tax return forms, and due dates for tax filings [1][2] - There are mentions of specific tax rates and exemptions, such as the reduction in excise duty and the introduction of new tax forms [1][2] - The document highlights the importance of compliance with tax regulations and the implications of late filings or incorrect submissions [1][2] Group 2 - The content discusses the impact of budget announcements on various sectors, including changes in tax rates and the introduction of new financial products [1][2] - There are references to financial planning and investment strategies, indicating a focus on optimizing tax liabilities through various financial instruments [1][2] - The document also addresses the significance of understanding tax laws and regulations for effective financial management [1][2]

来源：华夏时报 又一保险公司股权被摆上"货架"。 《华夏时报》记者从京东拍卖平台获悉，三峡人寿并列第一大股东新华联控股所持有的20%股权，将于 2月9日正式开拍，起拍价定为2.02亿元，截至发稿，该拍卖标的仍处于0人报名状态。 对于该笔股权拍卖的影响等问题，本报记者曾致函三峡人寿方面采访，截至发稿，尚未获得对方回应。 北京排排网保险代理有限公司总经理杨帆在接受本报记者采访时表示，北京排排网保险代理有限公司总 经理杨帆表示，此次股权拍卖短期内会给三峡人寿带来治理波动与不确定性，市场及监管层将关注其对 战略连续性与偿付能力的影响。长期看，若引入资金实力强、资源协同好的新股东，将有助于优化股权 结构、化解风险并增强公司活力，但需要确保过渡期平稳衔接，以保持业务经营稳定。 20%股权将被拍卖 此次登上京东拍卖平台的，是新华联控股持有的三峡人寿2亿股无质押股份，占总股本约6.59%的股 权。新华联控股自2020年陷入流动性危机，并在2024年11月获准进入破产清算程序。2025年6月，新华 联重整计划执行完毕，本次拍卖正是其资产处置的一部分，旨在清偿债务。 然而，截至发稿，距离正式开拍仅剩一周，该标的在拍卖平台上仍显示 ...

南方财经记者郭晓洁 实习生王泽楠 广州报道 随着绿色金融市场的快速发展，相关的资讯和数据变得越来越丰富。绿色金融周报从宏观视角和机构绿 色金融实践等角度，关注绿色金融领域的最新前沿动态，追踪绿色金融市场的最新趋势，为绿色金融相 关参与方提供决策依据和参考。 一、重点关注 1.生态环境部将研究制定绿金支持美丽中国建设项目分类目录 1月28日，生态环境部例行新闻发布会上，相关负责人介绍下一步将优化金融市场支持政策。研究制定 绿色金融支持美丽中国建设项目分类目录，支持地方建立分级分类项目储备库，完善政银融资协调和项 目推介机制。推动支持民营经济和中小微企业绿色发展；强化行业自律政策。推动环境信息披露制度扩 面提质，加快构建以环境信用为基础的新型监管机制，加强环境信息、环境信用与绿色金融双向赋能。 此外，生态环境部将会同有关部门指导各地高标准推进美丽城市建设，加大对城市区域性环保建设项目 的金融支持。 21碳中和课题组快评：生态环境部计划制定支持美丽中国建设的绿色金融专项分类目录，将有助于构建 一套清晰的项目筛选与推荐标准，打通绿色项目与金融资源间的标准化对接渠道，提升资金配置的精准 性。 2.全国首笔中葡碳汇交易结 ...

Core Viewpoint - Arthur J. Gallagher & Co. has acquired Reck & Co GmbH, a specialist in global transport and marine claims services, enhancing Gallagher Bassett's service offerings in Europe [1][2][3] Group 1: Acquisition Details - Gallagher Bassett, a subsidiary of Arthur J. Gallagher & Co., has acquired Bremen, Germany-based Reck & Co GmbH [1] - The terms of the transaction were not disclosed [1] Group 2: Company Profile and Leadership - Reck & Co. specializes in surveying, claim handling, recovery, and loss prevention in the marine insurance sector [2] - The Reck & Co. team, led by Franz Kasten and Marc Friedrich, will continue operations under the leadership of Manan Sagar, head of Gallagher Bassett's Europe, Middle East, and Asia operations [2] Group 3: Strategic Importance - The acquisition is expected to enhance Gallagher Bassett's claims service offerings in Europe, leveraging Reck & Co.'s strong reputation in the global marine insurance market [3] - J. Patrick Gallagher, Jr., Chairman and CEO, expressed enthusiasm about integrating Reck & Co.'s team into Gallagher's global operations [3] Group 4: Company Overview - Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm headquartered in Rolling Meadows, Illinois, operating in approximately 130 countries [3]