AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Global Protection Reinsurance Ltd.. The company is based in Barbados and fully owned by Global Protection Holding Corp., a subsidiary of Ficohsa Corp S.L., previously named Corporacion Ficohsa S.A.. GPR concentrates its efforts in reinsuring the group’ s…
Reinsurance
Report at the close of business September 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…
N-CSRS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-CSR CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act file number 811-05769 Invesco High Income Trust II 1555 Peachtree Street, N.E., Suite 1800 Atlanta, Georgia 30309 Glenn Brightman 1555 Peachtree Street, N.E., Suite…
AM Best has placed under review with negative implications the Financial Strength Rating of B- and the Long-Term Issuer Credit Rating of“ bb-” of Ghana Reinsurance PLC. The Credit Rating actions follow the delay in Ghana Re providing financial information for 2024.. Headquartered in the United States, the company does business in over 100 countries with…
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…
Carmel, Ind., October 31, 2024- CNO Financial Group, Inc. today reported net income of. $9.3 million, or $0.09 per diluted share, in 3 Q24 compared to $167.3 million, or $1.46 per diluted share, in 3 Q23. Significant items positively impacted both net income and net operating income by $18.8 million, or $0.17 per diluted share, in 3 Q24 compared to $16.9 million, or $0.14 per…
Yet climate issues have yet to take center stage in an election, even in Florida, the state most affected by climate change. Rick Scott, known for his aversion to speak about climate change, to address the issue in an interview with CNN. Colin Polsky, a climate social scientist at Florida Atlantic University, also found that, in a survey conducted shortly before…
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of British Caribbean Insurance Company Limited. The outlook of these Credit Ratings is stable. The ratings reflect BCIC’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and…
CLARA Analytics, a leading provider of artificial intelligence technology for insurance claims optimization, today announced it has hired Eugene Wong as Chief Financial Officer. Mr. Wong brings over 15 years of finance and operating experience to his new role. Eugene Wong, Chief Financial Officer, CLARA Analytics.
As of October, Idaho homeowners have seen a 17% rise in premiums in 2024, according to Insurify's analysis of home insurance data. The state's population increased by nearly 10% between 2019 and 2023, with an influx of new residents from California, Oregon, Washington, and Utah, according to the U.S. Census Bureau. Idaho home insurance rates have increased by 17%…
Yet climate issues have yet to take center stage in an election, even in Florida, the state most affected by climate change. Rick Scott, known for his aversion to speak about climate change, to address the issue in an interview with CNN. Colin Polsky, a climate social scientist at Florida Atlantic University, also found that, in a survey conducted shortly before…
Lincoln Financial today reported financial results for the third quarter ended September 30, 2024. Net income available to common stockholders was$ million, or$ per diluted share. Adjusted operating income available to common stockholders was $358 million, or $2.06 per diluted share. The primary differences between net income and adjusted operating income…
AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of“ bb+” of Tanzania Reinsurance Company Ltd.. The ratings consider TAN RE’ s exposure to the high levels of economic, political and financial system risks in Tanzania, where the company is domiciled, sources most of its business and invests the majority of its assets.
Expanding access to investing, insurance, and retirement security. Expanding leadership in Retirement Strategies, launching new products in Japan, and leveraging PGIM's capabilities. of~ $11 billion with estimated proceeds of~ $350 million.
The following financial supplement is provided to assist in your understanding of Arch Capital Group Ltd. and its subsidiaries. It should be read in conjunction with documents filed by Arch with the U.S. Securities and Exchange Commission, including the most recent Annual Report on Form 10- K and the Quarterly Reports on Form 10- Q. Please refer to the…
MetLife, Inc. today announced that John McCallion, executive vice president and chief financial officer, MetLife, Inc., and head of MetLife Investment Management, has provided a third quarter 2024 financial update video. About MetLife MetLife, Inc., through its subsidiaries and affiliates, is one of the world’ s leading financial services companies, providing…
It should be read in conjunction with the documents that the Company files with the Securities and Exchange Commission pursuant to the Securities Act of 1933 and the Securities Exchange Act of 1934.. AXIS Capital Holdings Limited's underwriting operations are organized around its global underwriting platforms, AXIS Insurance and AXIS Re.
The Hanover Insurance Group, Inc.. October 30, 2024, and conference call scheduled for October 31, 2024. The Hanover Insurance Group, Inc. may also be referred to as "The Hanover" or "the company" interchangeably throughout this presentation.