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Reinsurance

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Fourth Quarter 2024 Press Release

February 10, 2025

Q4 2024 NET INCOME OF $0.07 PER SHARE AND CORE INCOME OF $1.25 PER SHARE. Net income of $21 million, includes $290 million after-tax loss from the previously announced pension settlement transaction, versus $367 million in the prior year quarter; core income of $342 million versus $362 million in the prior year quarter. P&C core income of $451 million versus $434…

Registration Statement by Closed-End Investment Company (Form N-2)

February 7, 2025

As filed with the Securities and Exchange Commission on February 7, 2025. 205 N. Michigan Ave., Suite 4200. c/o Runway Growth Finance Corp. 205 N. Michigan Ave., Suite 4200.

AM Best Revises Outlooks to Stable for Lincoln National Corporation and Most of Its Subsidiaries

February 7, 2025

AM Best has revised the outlooks of the Long-Term Issuer Credit Ratings to stable from negative and affirmed the Financial Strength Rating of A and the Long-Term ICRs of“ a+” of The Lincoln National Life Insurance Company and its wholly owned subsidiary, Lincoln Life& Annuity Company of New York. These companies are the key life and annuity insurance…

Freedom Holding Corp. Reports Third Quarter Fiscal Year 2025 Financial Results

February 7, 2025

Freedom Holding Corp., a multinational diversified financial services holding company with a presence through its subsidiaries in 22 countries, today announced the financial results for their third quarter and first nine months of fiscal 2025. $655 million in revenue for the quarter Net income of $1.29 earnings per share, diluted, and $1.32 earnings per…

4Q24 Earnings Presentation

February 6, 2025

Reinsurance Group of America, Incorporated discloses certain financial measures that are not determined in accordance with U.S. GAAP. The Company principally uses such non-GAAP financial measures in evaluating performance because the Company believes that such measures, when reviewed in conjunction with relevant U.S. GAAP measures, present a clearer…

Recent Findings in Gene Therapy Described by Researchers from Boston University (Innovative Insurance To Improve Us Patient Access To Cell and Gene Therapy): Biotechnology – Gene Therapy

February 6, 2025

2025 FEB 06– By a News Reporter-Staff News Editor at Gene Therapy Daily News– Researchers detail new data in Biotechnology- Gene Therapy. According to news reporting originating in Boston, Massachusetts, by NewsRx journalists, research stated,“ Policy Points Cell and gene therapies offer treatment for rare and oftentimes deadly disease, but their prices are…

AM Best Revises Outlooks to Positive for IAT Reinsurance Company Ltd. and Most Operating Subsidiaries; Affirms Credit Ratings of Allegheny Casualty Company

February 6, 2025

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of IAT Reinsurance Company Ltd.. Concurrently, AM Best has revised the outlooks to positive from stable and affirmed the FSR of A- and the Long-Term ICRs of“ a-” of the members of Harco National Group.

BrightShore Insurance Company Launches, Offering Comprehensive Homeowners Insurance with Built-in Flood Protection

February 6, 2025

BrightShore Insurance Company“ BrightShore” has announced its launch in New Jersey, offering a solution to coastal homeowners’ insurance needs. Managed by the experienced team at ShoreOne Insurance Managers, BrightShore, has been assigned a Financial Stability Rating ® of A, Exceptional, by Demotech, Inc. BrightShore builds on ShoreOne’ s innovative…

SecurityScorecard Report: 59% of Breaches Impacting Insurance Sector Caused by Third-Party Attack Vectors

February 6, 2025

SecurityScorecard today released new research showing that 59% of breaches among the top 150 insurance companies involved third-party attack vectors, exposing critical vulnerabilities in the sector’ s supply chain. Andrew Correll, Senior Director of Cyber Insurability, said:“ Insurance companies’ reliance on technology to manage daily operations has…

Lincoln Financial Reports 2024 Fourth Quarter and Full Year Results

February 6, 2025

Lincoln Financial today reported financial results for the fourth quarter and full year ended December 31, 2024. Fourth quarter net income available to common stockholders was $1.7 billion, or $9.63 per diluted share. Fourth quarter adjusted operating income available to common stockholders was $332 million, or $1.91 per diluted share. The primary…

2024 Annual Information Form

February 5, 2025

This Annual Information Form is intended to provide material information about Great-West Lifeco Inc. and its business. Unless otherwise indicated, all information in this AIF is presented as at December 31, 2024 and all amounts are expressed in Canadian dollars. Lifeco's 2024 Management's Discussion and Analysis dated February 5, 2025 is hereby…

4th Quarter 2024 Results 2024 Management's Discussion and Analysis

February 5, 2025

This MD&A provides an overall discussion, followed by analysis of the performance of Lifeco's four major reportable segments: Canada, United States, Europe, and Capital and Risk Solutions. Lifeco has operations in Canada, the U.S. and Europe through The Canada Life Assurance Company, Empower Annuity Insurance Company of America, and Irish Life Group Limited.

AM Best Affirms Credit Ratings of Factory Mutual Insurance Company and Its Subsidiaries

February 5, 2025

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of Factory Mutual Insurance Company and its subsidiaries, which are collectively referred to as FM Group. FM Group continues to maintain the strongest level of risk-adjusted capitalization, as measured by Best’ s Capital Adequacy Ratio.

Fourth Quarter 2024 Press release

February 5, 2025

View All News Markel Group reports 2024 financial results February 05, 2025 Download RICHMOND, Va., Feb. 5, 2025/ PRNewswire/– Markel Group Inc. today reported its financial results for the year ended December 31, 2024. This may lead to short-term volatility in revenues and operating income that temporarily obscures our underlying operating performance. Net…

Fourth Quarter 2024 Press release

February 5, 2025

View All News Markel Group reports 2024 financial results February 05, 2025 Download RICHMOND, Va., Feb. 5, 2025/ PRNewswire/– Markel Group Inc. today reported its financial results for the year ended December 31, 2024. This may lead to short-term volatility in revenues and operating income that temporarily obscures our underlying operating performance. Net…

MetLife CFO John McCallion Provides Fourth Quarter and Full Year 2024 Financial Update Video

February 5, 2025

MetLife, Inc. today announced that John McCallion, executive vice president and CFO, and head of MetLife Investment Management, has provided a fourth quarter and full year 2024 financial update video. MetLife, Inc., through its subsidiaries and affiliates, is one of the world’ s leading financial services companies, providing insurance, annuities, employee…

JAB Holding Company to Acquire Prosperity Life Group

February 5, 2025

Backed by Differentiated Private Asset Capabilities and Permanent Equity Capital. LUXEMBOURG& NEW YORK—- JAB Holding Company, Elliott Investment Management and Prosperity Life Group today announced that they have entered into a definitive agreement whereby JAB will acquire 100% of Prosperity, which is comprised of the Prosperity Life Group Insurance…

AM Best Assigns Credit Ratings and National Scale Rating to Mohandes Insurance Company

February 5, 2025

AM Best has assigned a Financial Strength Rating of B and a Long-Term Issuer Credit Rating of“ bb” to Mohandes Insurance Company. AM Best notes that ROE should be viewed in light of the recent high levels of inflation in Egypt. The company’ s investment results are the primary contributor to earnings, supported by the high interest rate environment in Egypt,…

Merchants Insurance Group Selects CLARA Analytics to Increase Operational Efficiency and Improve the Claims Experience

February 5, 2025

CLARA Analytics, a leading provider of artificial intelligence technology for insurance claims optimization, today announced that Merchants Insurance Group has adopted Claims DocIntel Pro and CLARA Triage within its auto liability line of business. With a commitment to new technologies and online capabilities, Merchants strategically aligned with…

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