Report at the close of business June 30, 2024 This report is required by law: 12 U.S.C.§ 324; 12 U.S.C.§ 1817; 12 U.S.C.§ 161; and 12 U.S.C.§ 1464. Federal Financial Institutions Examination Council. This report form is to be filed by banks with branches and consolidated subsidiaries in U.S. territories and possessions, Edge or Agreement subsidiaries, foreign branches,…
Reinsurance
Ambac purchased a 60% controlling stake in Beat, which will continue to be led by its existing management team, including Chairman John Cavanagh. “We are excited to complete this transaction, which materially scales our insurance distribution business and strengthens our position as a premier destination for MGAs,” said Ambac President and Chief Executive…
Essent Group Ltd. is a Bermuda- based holding company that went public in 2013 and is traded on the New York Stock Exchange. Two primary operating companies: Essent Guaranty, Inc. and Essent Reinsurance Ltd.. Offers private mortgage insurance, reinsurance and title insurance and settlement services to serve the U.S. housing finance industry. Transformed…
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…
As at June 30, 2024. Figures in the' IFRS 17/ 9' sections reflect both IFRS 17 and IFRS 9 metrics, as well as IFRS 4 metrics where the calculation has been impacted by the adoption of IFRS 17 and/or IFRS 9 IFRS 17 became effective on January 1, 2023, with a transition date of January 1, 2022 Applied using a full retrospective approach, recognizing any difference in equity…
It should be read in conjunction with documents filed with the Securities and Exchange Commission by SiriusPoint Ltd., including the Company's Quarterly Report on Form 10- Q. Unless the context otherwise indicates or requires, as used in this financial supplement references to "we," "our," "us," the "Company," and "SiriusPoint" refer to SiriusPoint Ltd. and its directly…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Trinidad& Tobago Insurance Limited. The outlook of these Credit Ratings is stable. AM Best assesses TATIL’ s operating performance as strong, although the company’ s performance ratios have trended unfavorably in recent years due to unrealized investment…
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of International Traders Insurance Co., Ltd.. The company is domiciled in the Turks and Caicos Islands, and has representative offices in Panama and Colombia, through which it provides clients access to the Latin America and Caribbean markets.
AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Rating to“ a-” from“ bbb+” of Eureka-Re SCC. Eureka, established in Barbados in 2009, is a regional reinsurer in Latin America. While most of the premium taken by the company is sourced from Latin America, it has diversified internationally, investing in seasoned personnel…
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Dhipaya Insurance Public Company Limited. The Credit Ratings reflect Dhipaya’ s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, neutral business profile…
aer-20240630 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 6- K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13 a-16 OR 15 d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 AERCAP HOLDINGS N.V. AerCap House, 65 St. Stephen's Green, Dublin D02 YX20, Ireland, +353 1 819 2010 Indicate by check mark whether the registrant files or will…
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of“ aa-” of United Overseas Insurance Limited. The outlook of these Credit Ratings is stable. In addition, UOI’ s ratings factor in rating enhancement from the company’ s ultimate majority ownership by, and importance to, United Overseas Bank Limited, a leading banking…
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of the primary life insurance subsidiaries of Protective Life Corporation, collectively known as Protective Life. Additionally, AM Best has affirmed the Long-Term ICR of“ a-” and the existing Long-Term Issue Credit Ratings of Protective Life Corporation.
Fortitude Reinsurance Company Ltd., today announced a $250,000 donation to the Educational Arts Team. Following an afternoon of volunteering at Camp Liberty, Fortitude Re’s executive team presents Ed Arts Executive Director Roxy Arrojo with a $250 K check. “The Educational Arts Team deeply appreciates Fortitude Re’s contribution to our organization,…
Lincoln Financial Group today reported financial results for the second quarter ended June 30, 2024. Net income available to common stockholders was $884 million, or $5.11 per diluted share. Adjusted operating income available to common stockholders was $319 million, or $1.84 per diluted share. The primary differences between net income and adjusted…