News
Universal Insurance Holdings Completes Private Placement of $100M of Senior Unsecured Notes due 2026 to Support Growth
Universal Insurance Holdings (NYSE: UVE) (the “Company”) announced today that it has completed an upsized and oversubscribed private placement of $100 million aggregate principal amount of 5.625%
American Equity Advances Return of Capital to Shareholders
American Equity Investment Life Holding Company (“American Equity”) (NYSE: AEL), a leading provider of financial dignity solutions through general account annuities, announced today that its Board
AIG Announces Results and Upsizing of Its Tender Offers for Certain Outstanding Notes
American International Group, Inc. (NYSE: AIG) today announced the results of its previously announced 15 separate offers (the “Offers”) to purchase for cash the notes of the series listed in the
Marsh McLennan Appoints John Doyle Group President and Chief Operating Officer
Today, Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy, and people, announced changes to its Executive Committee effective January 1, 2022
Essent Announces New Integration with OpenClose®
Essent Guaranty, Inc., a nationwide provider of mortgage insurance (MI) and subsidiary of Essent Group Ltd. (NYSE: ESNT) announced today they have partnered with OpenClose, a leading fintech
AIG Announces Reference Yields and Total Consideration for its Tender Offers for Certain Outstanding Notes
American International Group, Inc. (NYSE: AIG) today announced the pricing terms for each series of the Fixed Spread Notes included in its previously announced tender offers (the “Offers”) to
Essent Group Ltd. Announces Closing of $439.4 Million Reinsurance Transaction and Related Mortgage Insurance-Linked Notes
Essent Group Ltd. (NYSE: ESNT) announced today that its wholly-owned subsidiary, Essent Guaranty, Inc., has obtained $439.4 million of fully collateralized excess of loss reinsurance coverage on
EMPLOYERS® CEO Katherine H. Antonello Begins Term as President of The Casualty Actuarial Society
Katherine H. Antonello, FCAS, and president and chief executive officer of EMPLOYERS®, America’s small business insurance specialist®, has begun her term as president of the Casualty Actuarial
Universal Insurance Holdings Marks More than 10 Consecutive Years Declaring a Fourth Quarter Special Dividend, Today Declaring Regular and Special Cash Dividends Totaling 29 Cents per Share
Universal Insurance Holdings, Inc. (NYSE: UVE) announced today that its Board of Directors has declared a quarterly regular and special cash dividend, together totaling 29 cents per share of common
Investors Title Company Board Declares Special Cash Dividend and Regular Quarterly Cash Dividend
Investors Title Company (Nasdaq: ITIC) announced today that the Company's Board of Directors declared a special cash dividend of $18.00 per share to shareholders of record on December 1, 2021
American Equity Reports Third Quarter 2021 Results
American Equity Investment Life Holding Company (NYSE: AEL), a leading issuer of fixed index annuities (FIAs) today reported on its third quarter 2021 results. These results include substantial
AIG to Redeem 5.60% Debentures due July 31, 2097
American International Group, Inc. (NYSE: AIG) today announced that it will redeem all of its outstanding 5.60% Debentures due July 31, 2097, originally issued by SunAmerica, Inc. (CUSIP
ProAssurance Reports Results for Third Quarter 2021
ProAssurance Corporation (NYSE: PRA) reports net income of $12.2 million, or $0.23 per diluted share, and operating income(1) of $13.8 million, or $0.25 per diluted share, for the three months
AIG Announces Cash Tender Offers for Certain Outstanding Notes
American International Group, Inc. (NYSE: AIG) today announced that it has commenced 15 separate offers (each, an “Offer” and collectively, the “Offers”) to purchase outstanding notes of the series
American Equity Appoints Dewayne Lummus as Chief Accounting Officer
American Equity Investment Life Holding Company® (NYSE: AEL) (American Equity) announced today that its Board of Directors has appointed Dewayne Lummus Senior Vice President and Chief Accounting
Essent Group Ltd. Announces Third Quarter 2021 Results & Increases Quarterly Dividend
Essent Group Ltd. (NYSE: ESNT) today reported net income for the quarter ended September 30, 2021 of $205.4 million or $1.84 per diluted share, compared to $124.5 million or $1.11 per diluted share
AIG Reports Third Quarter 2021 Financial Results
American International Group, Inc. (NYSE: AIG) today reported financial results for the third quarter ended September 30, 2021.
AIG President and CEO Peter Zaffino said: “We continue to build
Investors Title Company Announces Third Quarter 2021 Financial Results
Investors Title Company today announced results for the third quarter ended September 30, 2021. The Company reported net income of $14.5 million, or $7.63 per diluted share, for the three months
Stockholm Tops 2021 Urban Mobility Readiness Index with Significant Investment in Electric Vehicles and Public Transit Infrastructure
Stockholm, San Francisco, and Singapore top the 2021 Urban Mobility Readiness Index launched today by the Oliver Wyman Forum and the UC Berkeley Institute of Transportation Studies (ITS). These
American Equity Elevates Partnership With Pretium by Providing Financing and Capital Support for Acquisition of the Anchor Loans Platform and Its Existing Loan Portfolio
American Equity Investment Life Insurance Company (“American Equity”) (NYSE: AEL), a leading issuer of general account annuities, announced today it provided financing and capital support for
AIG and Blackstone Close Transaction Relating to Life & Retirement Business
American International Group, Inc. (NYSE: AIG) and Blackstone (NYSE: BX) today announced that the previously disclosed transaction for Blackstone to acquire a 9.9% equity stake in AIG’s Life &
Oliver Wyman Completes Acquisition of Huron’s Life Sciences Strategy Consulting Practice
Oliver Wyman, a global management consulting firm and a business of Marsh McLennan (NYSE: MMC), today completed the acquisition of Huron’s life sciences strategy consulting practice. Terms of the
American Equity Declares 4th Quarter 2021 Preferred Stock Dividends
American Equity Investment Life Holding Company (NYSE: AEL), today announced that in accordance with the terms of its 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (the “Series A
Employers Holdings, Inc. Reports Third Quarter 2021 Results; Declares Fourth Quarter 2021 Cash Dividend of $0.25 per Share
Employers Holdings, Inc. (the “Company”) (NYSE:EIG), a holding company with subsidiaries that are specialty providers of workers' compensation insurance and services focused on select, small
Universal Insurance Holdings Reports Third Quarter 2021 Results
Universal Insurance Holdings (NYSE: UVE) (the “Company”) reported 2021 third quarter diluted EPS of $0.64 on a GAAP basis and $0.63 on a non-GAAP1 adjusted basis. Quarterly direct premiums earned