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Best Value Stock to Buy for Oct. 17th
ZACKS· 2025-10-17 13:46
Here are three stocks with buy rank and strong value characteristics for investors to consider today, Oct. 17th:  Energizer (ENR) : This company, which is one of the world’s leading manufacturers and distributors of batteries and lighting products, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.4% over the last 60 days.Energizer has a price-to-earnings ratio (P/E) of 6.37 compared with 22.70 for the industry. The company posses ...
Best Income Stocks to Buy for Oct. 17th
ZACKS· 2025-10-17 13:16
Here are three stocks with buy rank and strong income characteristics for investors to consider today, Oct. 17th:Energizer (ENR) : This company, which is one of the world’s leading manufacturers and distributors of batteries and lighting products, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.4% over the last 60 days.This Zacks Rank #1 (Strong Buy) company has a dividend yield of 4.9%, compared with the industry average of 0.0%.MillerKnoll (MLKN) : This company, provi ...
Fitch Ratings turns positive on SCOR
ReinsuranceNe.ws· 2025-10-15 11:00
Fitch Ratings, a credit rating agency, has revised the outlooks of French reinsurer SCOR and its core operating subsidiaries to positive from stable. This reflects Fitch’s expectation that SCOR’s earnings will improve, particularly in life and health (L&H), due to the group’s portfolio actions aimed at restoring profitability, which was hit by the 2024 L&H assumption review.Simultaneously, the rating agency has also affirmed the entity’s Insurer Financial Strength (IFS) ratings and Long-Term Issuer Default ...
Evercore ISI Upgrades RenaissanceRe Holdings (RNR) from “Underperform” to “In Line” with $244 Price Target
Yahoo Finance· 2025-10-15 10:37
Group 1 - RIT Capital Partners holds $48,129,840 worth of RenaissanceRe Holdings Ltd. shares, representing 6.03% of its portfolio, making it the fund's sixth-largest holding as of the end of Q2 [1] - An analyst from Evercore ISI upgraded RenaissanceRe Holdings Ltd. from "Underperform" to "In Line" with a price target of $244 [2] - The upgrade reflects a correction in the analyst's stance, noting that the company's book value per share growth has outpaced its price-to-book de-rating since coverage initiation [3] Group 2 - The analyst expects up to 20% rate softening in the broader reinsurance sector during January renewals but believes RenaissanceRe's current valuation is consistent with weaker market conditions from 2014-2015, indicating limited downside [4] - RenaissanceRe Holdings Ltd. offers reinsurance and insurance products in the U.S. and international markets and is included in Jacob Rothschild's RIT Capital Partners' stock portfolio [5]
Hannover Rück (OTCPK:HVRR.Y) 2025 Capital Markets Day Transcript
2025-10-09 08:02
Hannover Rück (OTCPK:HVRR.Y) 2025 Capital Markets Day October 09, 2025 03:00 AM ET Company ParticipantsJames Shuck - Head of European Insurance Equity ResearchKarl Steinle - HIRBrena O’Rourke - Executive Board Member, Life and Health ReinsuranceChristian Hermelingmeier - CFOVinit Malhotra - DirectorSharon Ooi - Executive Board Member, P&C ReinsuranceClemens Jungsthöfel - CEOClaude Chèvre - Executive Board Member, Life and Health ReinsuranceIain Pearce Executive - Director Insurance Equity ResearchSven Altho ...
Hannover Rück (OTCPK:HVRR.Y) 2025 Earnings Call Presentation
2025-10-09 07:00
Financial Performance and Targets - Hannover Re is on track to achieve its targets for the current strategy cycle, with an ordinary dividend exceeding the prior year, CSM growth exceeding 2%, EBIT growth exceeding 5%, Return on Equity exceeding 14%, and a solvency ratio exceeding 200%[8] - The company's SII ratio stood at 261% in 1H/2025, indicating a strong balance sheet[36] - Hannover Re's average Return on Investment (RoI) demonstrates industry-leading performance compared to its peers[11, 12] Strategic Focus and Competitive Advantages - The company emphasizes a lean operating model as a competitive advantage, reflected in a cost ratio of 32% in 2024[17, 18] - Revenue per employee in 2024 was 68 million EUR, outperforming peers[19, 20] - Hannover Re focuses on reinsurance to streamline IT infrastructure and drive automation[23] Growth and Market Position - The company's strong client relationships provide an excellent basis for further growth, with a 10-year average top-line growth of 10% and bottom-line growth of 9%[28] - In P&C, the company sees continued attractive market conditions, increased appetite for NatCat, and low exposure to pricing cycle[33] - In L&H, the company is further leveraging its strong position in Financial Solutions and Longevity[31] Investment Strategy and Currency Management - The company's resilient portfolio provides reliable and low-volatile investment returns across market cycles[46] - The fixed-income book yield is expected to benefit from higher reinvestment yields by approximately 10 bps per annum[53] - Currency risks are well managed to protect net asset value and Solvency II ratio, with a diversified currency mix in investments as of June 30, 2025, including 45% in USD and 28% in EUR[60, 62] P&C Reinsurance Insights - Diversification is key to reducing the cost of capital and earnings volatility, with a 34% diversification on main risk categories[76, 77] - The company's market share reduces from 80% to 34% in the 250-year US West Coast earthquake scenario due to retrocessions[81] - The average large-loss experience from natural catastrophes is 12% below budget[103] L&H Reinsurance Insights - Consistently positive Reinsurance Service Result (RSR) demonstrates earnings strength and stability[121, 139] - Strong Contractual Service Margin (CSM) creation will lead to future earnings growth[140] - Change in Estimates and Exp Var overcompensating LC[133]
TCW Relative Value Mid Cap Fund Believes RenaissanceRe Holdings (RNR) Will Appreciate Over Time. Here’s Why
Yahoo Finance· 2025-10-03 11:19
Core Insights - TCW Relative Value Mid Cap Fund reported a return of 7.37% in Q2 2025, outperforming the Russell Midcap® Value Index which returned 5.35% [1] - The fund's performance was bolstered by a recovery in U.S. equities following a 90-day pause on certain tariffs, alongside better-than-expected corporate results and positive job reports [1] Company Analysis: RenaissanceRe Holdings Ltd. (NYSE:RNR) - RenaissanceRe Holdings Ltd. is a property & casualty reinsurer with nearly $10 billion in net written premiums for 2024 and a market capitalization of $12.037 billion as of October 2, 2025 [2][3] - The stock has shown a one-month return of 6.27% but has lost 8.56% over the past 52 weeks, closing at $255.75 per share [2] - The company has a strong track record with a compounded book value growth of 13.5% CAGR since its IPO in 1995 and a history of conservative underwriting practices [3] - The acquisition of Validus Re from AIG, which closed in late 2023, is expected to be a primary catalyst for growth, as the new parent company will re-underwrite policies to improve margins and profitability [3] - Current reinsurance premium pricing remains flat to modestly down but still offers attractive margins, with potential redundancy in reserves estimated at $12 per share, which could enhance book value over time [3]
RenRe and subsidiaries get positive outlooks from AM Best
ReinsuranceNe.ws· 2025-10-03 11:00
Credit ratings agency AM Best has revised the outlooks of Renaissance Reinsurance Ltd. (RenRe) and its subsidiaries to positive from stable for the Long-Term Issuer Credit Ratings (Long-Term ICRs), and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term ICRs of “aa-” (Superior).The subsidiaries include Renaissance Reinsurance U.S. Inc., RenaissanceRe Specialty U.S. Ltd., Renaissance Reinsurance of Europe Designated Activity Company, and RenaissanceRe Europe AG. The outlook of the ...
How To Picture—And Understand—Europe’s Stock Market For The First Time
Forbes· 2025-10-02 16:50
Core Insights - Understanding the performance of leading European stocks reveals differences compared to American firms, with Europe excelling in fashion and having notable successes in tech and defense [4][8] - Long-term value creation is essential for sustained performance, with firms that consistently excel in customer value, autonomous networks, and adaptive mindsets outperforming others [4][8] Consistently Poor Performers - Diageo PLC: Overall score 8.2/15.0, TSR/S&P500 at 7%/243% [5] - Bayer: Overall score 8.2/15.0, TSR/S&P500 at 20%/243% [5] - Sanofi S.A.: Overall score 8.5/15.0, TSR/S&P500 at 50%/243% [5] - National Grid: Overall score 8.8/15.0, TSR/S&P500 at 67%/243% [5] - Adidas: Overall score 8.5/15.0, TSR/S&P500 at 173%/243% [5] - Anheuser-Busch InBev: Overall score 8.7/15.0, TSR/S&P500 at 50%/243% [5] Mixed Performers - Nestlé S.A.: Overall score 8.9/15.0, TSR/S&P500 at 55%/243% [6] - British American Tobacco: Overall score 8.9/15.0, TSR/S&P500 at 74%/243% [6] - Unilever PLC: Overall score 8.5/15.0, TSR/S&P500 at 94%/243% [6] - Allianz: Overall score 9.3/15.0, TSR/S&P500 at 133%/243% [6] - L'Oréal: Overall score 10.2/15.0, TSR/S&P500 at 168%/243% [6] - HSBC Holdings: Overall score 8.7/15.0, TSR/S&P500 at 203%/243% [6] Consistently Successful Firms - EssilorLuxottica: Overall score 10.5/15.0, TSR/S&P500 at 204%/243% [7] - AXA: Overall score 9.0/15.0, TSR/S&P500 at 218%/243% [7] - Novo Nordisk: Overall score 11.2/15.0, TSR/S&P500 at 103%/243% [7] - Enel: Overall score 9.0/15.0, TSR/S&P500 at 246%/243% [7] - LVMH: Overall score 10.8/15.0, TSR/S&P500 at 291%/243% [7] - Relx: Overall score 9.8/15.0, TSR/S&P500 at 296%/243% [7] - AstraZeneca: Overall score 10.0/15.0, TSR/S&P500 at 300%/243% [7] High Performers - Iberdrola: Overall score 9.2/15.0, TSR/S&P500 at 307%/243% [9] - Siemens: Overall score 10.2/15.0, TSR/S&P500 at 309%/243% [9] - Airbus: Overall score 10.2/15.0, TSR/S&P500 at 312%/243% [9] - SAP: Overall score 11.0/15.0, TSR/S&P500 at 357%/243% [9] - Zurich Insurance Group: Overall score 9.2/15.0, TSR/S&P500 at 370%/243% [9] - Münchener Rück: Overall score 9.4/15.0, TSR/S&P500 at 402%/243% [9] - Linde PLC: Overall score 10.0/15.0, TSR/S&P500 at 424%/243% [9] - ABB: Overall score 10.2/15.0, TSR/S&P500 at 444%/243% [9] - Schneider Electric: Overall score 10.5/15.0, TSR/S&P500 at 486%/243% [9] - Hermes: Overall score 11.0/15.0, TSR/S&P500 at 546%/243% [9] - Rheinmetall: Overall score 9.5/15.0, TSR/S&P500 at +1000%/243% [9] - ASML: Overall score 11.5/15.0, TSR/S&P500 at 1070%/243% [9]
Information regarding the redemption by SCOR SE of outstanding €63.6 million undated subordinated notes
Globenewswire· 2025-10-01 16:04
Press release1 October 2025 - N° 17 Information regarding the redemption by SCOR SE of outstanding €63.6 million undated subordinated notes SCOR SE (the “Company”) announces the redemption of €63.6 million in outstanding Fixed to Reset Rate Undated Subordinated Notes issued on 1st October 2014 (ISIN: FR0012199123) (the “Notes”) pursuant to the terms and conditions of the Notes described in the prospectus dated 29 September 2014 (the “Terms and Conditions”).1 The early redemption of the Notes has received th ...