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Insurance platform Ethos, backers seeking $211M in IPO
Digital Insurance· 2026-01-21 19:34
(Bloomberg) --Insurance platform Ethos Technologies Inc. and some of its backers are seeking to raise about $211 million in an initial public offering, the latest insurance-related firm set to debut. Processing ContentThe San Francisco-based company and some of its shareholders plan to market 10.5 million shares for $18 to $20 each, according to its filing Monday with the US Securities and Exchange Commission. At the top of that range, Ethos would have a market value of $1.3 billion based on the outstandi ...
Travelers Q4 Earnings Beat on Strong Net Investment Income
ZACKS· 2026-01-21 17:31
Key Takeaways TRV's Q4 core EPS rose 22% year over year, driven by stronger underwriting gains and lower cat losses. TRV posted net written premiums of $10.8B, supported by growth in Business and Bond & Specialty Insurance. TRV returned $1.89B to shareholders in Q4 and authorized an additional $5B in share repurchases. The Travelers Companies, Inc. (TRV) reported fourth-quarter 2025 core income of $11.13 per share, which beat the Zacks Consensus Estimate by 32% and improved 22% year over year. The improveme ...
Trump healthcare plan targets affordability to boost private insurance uptake
Yahoo Finance· 2026-01-21 17:29
Private health insurance penetration rates in the US increase with household income, a GlobalData survey has found. Meanwhile, President Trump has submitted a healthcare legislative proposal to Congress aimed at lowering prescription drug prices and insurance premiums. GlobalData’s 2025 Financial Services Consumer Survey shows that private health insurance penetration rates rise sharply with household income. Just 19.4% of respondents earning $0–$19,999 a year reported having private health insurance, com ...
Zurich makes $10.3B bid for Beazley
Digital Insurance· 2026-01-21 17:09
(Bloomberg) --Zurich Insurance Group AG has gone public with a £7.67 billion ($10.3 billion) bid to buy Beazley Plc, increasing pressure on the UK-listed company it's been wooing for more than 12 months. Processing ContentThe Swiss insurer offered to buy London-based Beazley at 1,280 pence a share in cash, according to a statement Monday, a 56% premium to the company's closing price Friday. A deal would create a "global leader" in specialty insurance with about $15 billion of gross written premiums, Zurich ...
I have $12K in my checking account, but the bank told me it’s too much. Is that true? How to make the most of your money
Yahoo Finance· 2026-01-21 17:01
And Americans are clearly looking for better options. Nearly 30% of Americans either dropped or traded down their insurance policies in 2025, according to a survey by independent insurance agency Guardian Service Holdings (2). Auto insurance was the most commonly pared back compared to home and health insurance.The costs of owning a car have been on the rise across the board, and insurance is no exception. The average cost of auto insurance has risen 88% over the last decade, according to data from the U.S. ...
Why One Fund Is Betting $17 Million on This Specialty Insurer
Yahoo Finance· 2026-01-21 16:16
Key Points Jacobson & Schmitt Advisors added 6,661 shares of Kinsale Capital Group in the fourth quarter; the estimated trade value was $2.72 million based on quarterly average prices. The fund's quarter-end stake value rose by $1.37 million, reflecting both additional shares and price movement. The fund held 42,894 shares in Kinsale Capital Group worth $16.78 million after the trade. These 10 stocks could mint the next wave of millionaires › Jacobson & Schmitt Advisors reported the purchase of ...
Analysts Estimate Axis Capital (AXS) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2026-01-21 16:01
Wall Street expects a year-over-year decline in earnings on higher revenues when Axis Capital (AXS) reports results for the quarter ended December 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on January 28. ...
4 Stocks Guy Spier Was Selling in Q4
247Wallst· 2026-01-21 15:52
Guy Spier of Aquamarine Capital is an incredibly intelligent value investor who's heavily influenced by the great Warren Buffett. Just have a look at the Aquamarine portfolio, and you'll notice many Buffett stocks as well as names that the Oracle of Omaha probably would have liked. With Buffett now retired, perhaps it's Guy Spier and other Buffett followers who might be worth watching in any given quarter. In any case, Guy Spier's fourth-quarter moves are out, and there were remarkable sales right across th ...
Severe Convective Storms Become Costliest Insured Peril of 21st Century: Aon
Insurance Journal· 2026-01-21 15:31
Severe convective storms (SCS) have surpassed tropical cyclones to become the costliest insured peril of the 21st century, according to Aon plc.Total economic losses reached $260 billion — 23% below the 21st-century average and the lowest since 2015, said Aon’s 2026 Climate and Catastrophe Insight report. (Economic losses include insured loss claims). “Yet beneath this quieter surface, the year told a very different story,” Aon cautioned. “Insured losses reached $127 billion, 27% above the long-term average ...
Rychling joins AXA XL as Head of Broker Relations, Large Commercial & Mid-Market, Americas
ReinsuranceNe.ws· 2026-01-21 15:30
Core Viewpoint - AXA XL has appointed Liz Rychling as Head of Broker Relations for the Americas, aiming to enhance broker partnerships and market presence in the region [1][5]. Group 1: Appointment Details - Liz Rychling will be based in New York and report to Matt O'Malley, Chief Client and Distribution Officer for AXA XL in the Americas [2]. - In her role, Rychling will design and implement distribution programs, liaise with broker partners, analyze performance data, and collaborate with internal teams to improve productivity and service quality [2]. Group 2: Professional Background - Rychling has over 25 years of experience in risk management, insurance, legal, and strategic leadership, starting her career in law with a focus on insurance defense [2]. - Prior to this role, she served as Senior Vice President of Risk Management at MGM Resorts International, overseeing global insurance programs and legal teams [3]. Group 3: Leadership Perspective - Matt O'Malley highlighted Rychling's unique perspective and hands-on experience across various areas of the insurance industry, emphasizing her suitability for the role [4]. - The company expressed excitement about Rychling leading broker management initiatives to strengthen market position and drive growth [5].