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Bloomberg· 2025-09-02 17:14
Dutch insurer Aegon is looking to sell a 6% stake in ASR Nederland, the firm that bought its domestic operations, as it shifts its focus to the US https://t.co/syAbHl3Qmm ...
Aegon to sell approximately 12.5 million shares in a.s.r. via an accelerated placing
Globenewswire· 2025-09-02 15:35
NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW. This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities and the offer of a.s.r. shares does not constitute a public offering other than to qualified investors in any juris ...
MFC Outperforms Industry, Trades Near 52-Week High: Time to Hold?
ZACKS· 2025-09-02 15:11
Key Takeaways MFC shares closed at $30.75, up 12.1% in the past year and near their 52-week high of $33.07.MFC is focused on high-growth, capital-light, higher-return businesses to accelerate earnings momentum.Analyst estimates for 2025 earnings rose 1.7% in 60 days, with projected growth of 6% year over year.Manulife Financial Corporation (MFC) closed at $30.75 on Friday, near its 52-week high of $33.07. This proximity underscores investor confidence. It has the ingredients for further price appreciation.S ...
中国思考:中国市场辩论-北京和深圳的关键要点-China Musings Asia Pacific China Market Debate Key Takeaways from Beijing and Shenzhen
2025-09-02 14:24
Household deposit outflows into equities may be more measured than many expect, as Beijing fine-tunes equity regulations earlier and more clinically than in 2015 amid weak fundamentals. Investors are modestly constructive on stocks near term but look for economic policies to cement durable reflation September 1, 2025 12:48 AM GMT China Musings | Asia Pacific China Market Debate: Key Takeaways from Beijing and Shenzhen Source: NBS, Morgan Stanley Research We continue to sense an improving narrative at last w ...
14年连续盈利、16次股权流拍,民生人寿的冰火两重天
Hua Xia Shi Bao· 2025-09-02 14:06
本报(chinatimes.net.cn)记者吴敏 北京报道 一面是连续十四年盈利的稳健业绩,一面是五年间十六次股权拍卖全部流拍的尴尬局面,民生人寿这家 拥有22年历史的寿险公司正陷入一种奇特的矛盾境地。 9月2日,《华夏时报》记者注意到,阿里资产司法拍卖平台再次出现民生人寿股权的身影。湖南前进投 资有限公司持有的705万股股份将以1277.95万元的价格于9月25日公开拍卖,每股作价约1.8元,仅有评 估价的70%。这已经是自2020年以来,民生人寿股权第17次被推向交易市场。 令人惊讶的是,前16次尝试均以流拍告终,无一次成功交易。这种持续遇冷的局面与公司连续十四年盈 利的业绩表现形成鲜明反差,折射出当前市场对中小型保险公司的复杂心态。 对于股权流拍原因等问题,民生人寿相关负责人并未正面回复,仅表示作为全国首家以民营资本为投资 主体的险企,公司股权结构一直保持相对稳定。目前 21 家股东单位中,仍有 14 家股东单位作为民生保 险的发起人股东,自公司筹建起,便始终引领与陪伴公司发展,截至目前,公司已近十年未发生股东变 更,这种长期稳定的股东关系为公司战略的连贯性提供了坚实保障。 真正的转折点出现在2021 ...
LIAM CAFFREY TO BECOME CEO OF WHITE MOUNTAINS IN 2026
Prnewswire· 2025-09-02 12:03
HAMILTON, Bermuda, Sept. 2, 2025 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) ("White Mountains") announced today that its Board of Directors has unanimously elected Liam Caffrey as Chief Executive Officer, effective January 1, 2026. In addition, Mr. Caffrey will join the White Mountains Board at that time.Mr. Caffrey, who currently serves as President and Chief Financial Officer of White Mountains, will succeed current Chief Executive Officer Manning Rountree, who will retire as CEO a ...
PICC P&C(2328.HK):ROBUST 1H DELIVERY OF COR; OVERSEAS EXPANSION YIELDS TO A SECOND GROWTH TRAJECTORY
Ge Long Hui· 2025-09-02 11:59
CoR improved 1.4pct YoY to 94.8%, implying 2Q CoR at 95% as we estimate. Comprehensive loss/expense ratio was up 1.7pct/down 3.1pct YoY to 71.8%/ 23.0%. Auto/non-auto CoR was 94.2%/95.5%, down 2.2pct/0.1pct YoY, driven by effective expense controls partially offset by tick-up of claims. Auto: expense ratio dropped 4.1pct YoY to 21.1%, a record low, indicating the insurer's strong bargaining power in pricing and cost efficiency. Claims ratio edged up 1.9pct YoY to 73.1%. Non-auto: claims/expense ratio was up ...
Taaleri (0RF6) 2025 Capital Markets Day Transcript
2025-09-02 11:02
Taaleri (0RF6) 2025 Capital Markets Day September 02, 2025 06:00 AM ET Company ParticipantsLinda Tierala - Head of IR, Communications & SustainabilityIlkka Laurila - CEO & Interim MD - Taaleri BioindustryHenrik Allonen - MD - Garantia Insurance CompanyKai Rintala - MD - Taaleri EnergiaMarjatta Rytömaa - MD - Taaleri BioindustryMikko Krootila - MD - Taaleri Real EstateLauri Lipsanen - CFOConference Call ParticipantsSauli Vilén - AnalystJoni Sandvall - Equity AnalystPatrick Campbell - Equity Research AnalystL ...
Taaleri (0RF6) 2025 Earnings Call Presentation
2025-09-02 10:00
Taaleri's Strategy and Synergistic Businesses - Taaleri focuses on transformational opportunities in private capital and operates three synergistic businesses: Garantia, Private Asset Management, and Development Capital[13, 20] - Taaleri aims to capture Garantia's growth potential by increasing consumer awareness, seeking new lender partnerships, and investigating opportunities in neighboring markets[33, 37] - Taaleri plans to expand private asset management by growing fund sizes within existing strategies and expanding to new product groups[34, 38] - Taaleri targets attractive returns on development capital by combining active ownership and expertise, working with the best partners[35, 50] Market Trends and Opportunities - The private capital market is expected to grow by 10% per annum on average in Europe[25] - Taaleri SolarWind III is the largest infrastructure fund in Finland at €503 million[22] - The European and US onshore wind, photovoltaic solar, and battery storage markets are expected to grow by 513 GW by the end of 2028[125] Garantia's Performance and Strategy - Consumer guarantees represent 82% of Garantia's insurance exposure, while corporate guarantees account for 18%[75] - Garantia has distributed €93 million in dividends to Taaleri since its acquisition in 2015[105] - Garantia's strategic priorities include increasing the Residential Mortgage Guarantee market share and expanding distribution[97] Financial Targets and Performance - Taaleri's updated long-term financial targets for 2026–2028 include an average growth of 12% per annum in operating profit from continuing earnings[253] - Taaleri targets a Return on Equity (ROE) at fair value of over 15% and a dividend payout ratio of at least 50%[253] - Taaleri's average growth per annum achieved from 2023 to Q2/2025 was 105% and the weighted average ROE at fair value achieved during the same period was 134%[64]
$152 Billion and Rising: New Report Shows Insurance Industry Facing Growing Average Annual Losses from Natural Catastrophes
Globenewswire· 2025-09-02 09:00
Core Insights - The global modeled insured average annual property loss (AAL) from natural catastrophes has increased to $152 billion, indicating a significant rise in expected annual insured property losses [1][3] - Non-crop property and casualty losses rose by 25 percent compared to 2024, with severe thunderstorms and other frequency perils accounting for two-thirds of total potential losses [1][4] - The report highlights a $32 billion increase in non-crop global modeled insured AAL over 2024, reflecting an upward trend in catastrophe losses globally [3] Industry Trends - Over the past five years, insured losses have averaged $132 billion per year, compared to $104 billion in the preceding five-year period, indicating a growing trend in catastrophe-related losses [3] - Frequency perils, such as severe thunderstorms, winter storms, wildfires, and inland floods, now account for two-thirds ($98 billion) of the total modeled AAL, outpacing risks from larger events by a ratio of 2 to 1 [4][5] - The report emphasizes the need for insurers to adapt their strategies to address the increasing frequency and impact of these perils [5] Regional Insights - Property exposure in Verisk-modeled countries grew by 7 percent annually from 2020 to 2024, driven by inflation and construction in high-hazard areas [11] - In Asia and Latin America, insured losses account for only 12 percent and 32 percent of economic losses, respectively, compared to 48 percent in North America, highlighting significant protection gaps [11] - The 2025 Palisades and Eaton fires in North America caused up to $65 billion in economic losses, with 60-70 percent insured, indicating high insurance penetration but escalating wildfire risk [11] Modeling Innovations - Verisk introduced new inland flood models for Malaysia, Indonesia, and Ireland, and updated models for Australia, Mexico, the UK, the U.S., and South Korea [10] - The report underscores the importance of adopting forward-looking risk models that reflect current environmental and climate realities [10]