DAYTONA BEACH, Fla., Oct. 22, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) (the “Company”) today announced that the board of directors has declared a regular quarterly cash dividend of $0.165 per share. The dividend is payable on November 12, 2025, to shareholders of record on November 5, 2025. The dividend represents a 10% increase from the previous regular quarterly cash dividend of $0.15 per share and is Brown & Brown’s 32nd consecutive annual dividend increase. The Company also today announc ...

Company Overview - Brown & Brown, Inc. is a leading insurance brokerage with a focus on risk management and insurance solutions, operating across four core segments: Retail, Programs, Wholesale Brokerage, and Services [2] - The company serves a diverse clientele, including businesses, families, and organizations, addressing evolving coverage needs and shifting regulations [2] Business Model and Growth Drivers - Brown & Brown's business model is durable, characterized by stable client relationships supported by annual policy renewals and trust built through expertise [3] - Growth is driven by recurring commission and fee revenues, cross-selling opportunities, acquisitions of independent agencies, and the expansion of specialty and wholesale offerings [3] - The company has demonstrated strong execution, leveraging scale and long-term relationships to enhance its market position [3] Financial Performance and Valuation - The company generates significant free cash flow, reinforcing its status as a resilient compounder in a stable industry [4] - Current valuations indicate that the stock is trading around fair value, suggesting limited margin of safety, yet its cash flow strength and long-term compounding potential make it appealing for investors seeking durable growth [4] - The stock price has depreciated approximately 21.3% since previous coverage, primarily due to valuation headwinds, but the bullish thesis remains intact as the company continues to show durable execution [5]

Core Insights - Huize Holding Limited's Poni Insurtech has secured a license from the Monetary Authority of Singapore (MAS), enhancing its dual-hub strategy in Singapore and Hong Kong to expand tech-enabled advisory services across ASEAN [1][2]. Group 1: Licensing and Strategic Expansion - Poni Financial Advisory, a subsidiary of Poni Insurtech, has been licensed as a Financial Adviser and Exempt Insurance Broker in Singapore, highlighting Huize's expanding presence in the ASEAN region [2]. - The MAS license is effective from July 10, 2025, allowing Poni to leverage its dual hubs in Singapore and Hong Kong, with additional operations in Vietnam to drive growth [5]. Group 2: Technological Integration and Service Model - Poni's business model integrates licensed advisory services with advanced technologies such as cloud APIs, AI-assisted consultations, and claims automation, streamlining the customer experience from onboarding to servicing [3]. - This technological approach enables insurers, independent advisers, and partners to enhance compliant digital distribution while ensuring a seamless customer journey [3]. Group 3: Leadership and Vision - The leadership team at Poni Insurtech combines expertise in capital markets and distribution, aiming to build sustainable scale and deepen ecosystem connections across Asia [6]. - The company positions itself to serve sophisticated clients in the region by providing trusted advice and scalable technology solutions [4].

Core Insights - KKR & Co. Inc. is a global investment firm managing over $664 billion in assets under management [3]. Group 1: Company Overview - KKR offers alternative asset management, capital markets, and insurance solutions [3]. - The firm has a significant presence in the financial sector, participating in events like the Morgan Stanley Financials Conference [2]. Group 2: Conference Highlights - Adam Smith, Partner and Co-Head of KKR's Credit and Capital Markets business, participated in a fireside chat at the conference [2][4]. - The discussion aimed to provide insights into KKR's Capital Markets platform and its strategic direction [4].

Summary of KKR Conference Call Company Overview - KKR is a global investment firm specializing in alternative asset management, capital markets, and insurance solutions, managing over $664 billion in assets under management [2][11][21]. Key Points Discussed Capital Markets Platform - KKR has the largest and most specialized capital markets platform among asset managers, which drives investment performance and serves as a significant revenue stream [5][21]. - The capital markets platform is responsible for arranging debt and equity financing across all investment strategies globally, serving both KKR's internal needs and external clients [6][10]. Revenue Generation - KKR completed approximately 400 transactions annually, generating over $400 billion in debt and equity financings last year, with a cumulative total of $2 trillion since inception [9][11]. - The capital markets business has evolved from generating $1 million in fees in 2007 to $1 billion last year, driven by firm growth and an expanded client base [11][12]. Diversification and Resilience - The revenue base has diversified significantly, with traditional private equity activities accounting for only 50% of revenues from 2020 to 2024, compared to 91% from 2012 to 2015 [13][14]. - KKR demonstrated resilience during market downturns, generating $600 million in revenue during the recession years of 2022 and 2023, showcasing the strength of its diversified revenue streams [15][17]. Growth Orientation - KKR's growth in capital markets is closely tied to the firm's overall growth, with a strong correlation between assets under management (AUM) and capital markets fees [18][50]. - The firm is focused on expanding its party business, which has generated over $1 billion in revenue since its inception, targeting a larger client base beyond KKR-owned companies [20][21]. Market Outlook - The capital markets outlook is cautiously optimistic, with $7 trillion in cash on the sidelines waiting to be invested, indicating strong liquidity [25]. - M&A activity is seen as a key driver for future deal-making, with expectations for a resurgence in corporate activity [28]. Geographic and Sector Opportunities - KKR is expanding its presence in Asia, which is expected to see significant growth in capital markets due to a shift from bank-driven financing to institutional capital [66][67]. - Japan and India are highlighted as key markets, with Japan undergoing corporate governance reforms and India benefiting from a large service-based economy [67][68]. Private Credit Market - KKR manages over $100 billion in private credit, with direct lending and asset-based financing emerging as significant growth areas [70][72]. - The firm anticipates rapid growth in the asset-based financing sector, driven by increased investor interest and borrower demand for flexible financing structures [73]. Additional Insights - KKR's capital markets business is characterized by a high degree of operational efficiency, with a relatively small team generating substantial revenue [33]. - The firm is focused on building specialized capabilities in structured capital markets and asset-based financing to capture new revenue streams [57][59]. This summary encapsulates the key insights and strategic directions discussed during the KKR conference call, highlighting the firm's robust capital markets platform, diversification strategies, and growth potential in various markets.

Core Viewpoint - NewtekOne, Inc. is set to report its second quarter 2025 financial results on July 28, 2025, with expectations of continued progress in its business plan [1][2]. Group 1: Financial Results Announcement - The company will release its second quarter 2025 financial results after market close on July 28, 2025 [1]. - A conference call to discuss these results will be hosted by key executives at 4:30 pm ET on the same day [1][2]. - Investors can pre-register for the conference call to receive dial-in information and access the webcast [2]. Group 2: Business Overview - NewtekOne is a financial holding company that provides a variety of business and financial solutions to independent business owners across all 50 states [3]. - The company has been operational since 1999, offering cost-efficient products and services aimed at helping businesses grow sales, control expenses, and reduce risk [3]. Group 3: Services Offered - NewtekOne's services include banking, business lending, SBA lending solutions, electronic payment processing, accounts receivable financing, inventory financing, insurance solutions, and payroll and benefits solutions [4]. - The company also provides technology solutions such as cloud computing, data backup, storage and retrieval, IT consulting, and web services through its subsidiary Intelligent Protection Management Corp. [4].