"We enjoyed excellent returns in 2023 from Markel Ventures, our investment operations, and many portions of our insurance business," said Thomas S. Gayner, Chief Executive Officer. Strong operating cash flows from each of our insurance, investments, and Markel Ventures engines can now be reinvested to continue growing shareholder value. " Earned premiums grew 9%…
Newswires
—NEW YORK— MetLife Inc. on Wednesday reported fourth-quarter profit of $607 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.95 per share. Five analysts surveyed by Zacks expected $18.07 billion.
The Florida Department of Highway Safety and Motor Vehicles issued a memo Friday changing a previous rule that allowed Floridians to change their driver's license to match their gender identity. Florida Democrats reacted with outrage to the decision, with Nikki Fried, chair of the Florida Democratic Party, sayingTuesday that " Florida Republicans'…
Net income available to common shareholders of $346 million, or $4.02 per diluted common share, and operating income of $486 million, or $5.65 per diluted common share As previously announced, net adverse prior year reserve development of $412 million, pre-tax, or 8.1 points, and underlying operating income of $847 million, or $9.85 per diluted common share…
–Selective Insurance Group, Inc. reported financial results for the fourth quarter ended December 31, 2023, with net income per diluted common share of $2.01 and non-GAAP operating income 1 per diluted common share of $1.94. After-tax net investment income increased to $78 million, 20% higher than the fourth quarter of 2022. For the year, Selective generated…
—COLUMBUS, Ga.— Aflac Inc. on Wednesday reported fourth-quarter net income of $268 million, after reporting a loss in the same period a year earlier. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.47 per share. Five analysts surveyed by Zacks expected $4.44 billion.
MetLife, Inc. today announced its full year and fourth quarter 2023 results. On a per share basis, adjusted earnings, excluding total notable items, of $7.33, up 4 percent from $7.05 for the full year 2022. Book value of $35.85 per share, up 7 percent from $33.45 per share at December 31, 2022. Book value, excluding accumulated other comprehensive income other than…
–The Hanover Insurance Group, Inc. today reported net income of $107.9 million, or $2.98 per diluted share, in the fourth quarter of 2023, compared to a net loss of $12.1 million, or $0.34 per basic share, in the prior-year quarter. Operating income was $113.1 million, or $3.13 per diluted share, in the fourth quarter of 2023, compared to an operating loss of $37.4…
MetLife, Inc. today announced that Executive Vice President and Chief Financial Officer John McCallion has provided a fourth quarter and full year 2023 financial update video. MetLife, Inc., through its subsidiaries and affiliates, is one of the world’ s leading financial services companies, providing insurance, annuities, employee benefits and asset…
HCI Group Sets Fourth Quarter and Full Year 2023 Earnings Call for Thursday, March 7 at 4:45 p.m. ET
–HCI Group, Inc., a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, will hold a conference call on Thursday, March 7 th at 4:45 p.m. Eastern time to discuss results for the fourth quarter and year ended December 31, 2023. Date: Thursday, March 7, 2024 Time: 4:45 p.m. Eastern time Toll Free:…
Bloomfield- based Cigna Group said Wednesday it has agreed to sell certain businesses for about $3.7 billion, as the heath care giant pushes forward with a goal of building its other units, including its huge pharmacy-benefits manager, Express Scripts. Cigna, which employs thousands in Connecticut, mostly in the Hartford area, agreed to sell its Medicare…
And as the pivotal two-day hearing, scheduled to start on Feb. 14— Ash Wednesday— draws closer, supporters and opponents of the proposed Blue Cross sale to Indiana- based health insurance giant Elevance Health are waging an intensifying battle to sway the regulators and policyholders who get the final say. In public letters, legal filings, publicity campaigns and…
Bloomfield- based Cigna Group said Wednesday it has agreed to sell certain businesses for about $3.7 billion, as the heath care giant pushes forward with a goal of building its other units, including its huge pharmacy-benefits manager, Express Scripts. Cigna, which employs thousands in Connecticut, mostly in the Hartford area, agreed to sell its Medicare…
Access to healthcare— doctors, health screenings, prescription drugs, and hospitals— is critically important for all Ohioans. Health insurance through employers, the Affordable Care Act, Medicare and Medicaid helps make sure people of all ages and in every corner of the state can get this crucial coverage. In Ohio and around the country, millions of people have…
The district's annual deliberative session is set for Feb. 6 at 6 p.m. at ConVal Regional High School, at 184 Hancock Road in Peterborough, where voters will finalize the warrant before voting the articles up or down at the polls in March. The ConVal district covers Antrim, Bennington, Dublin, Francestown, Greenfield, Hancock, Peterborough, Sharon and Temple.
–NMI Holdings, Inc. today announced that Moody’ s Investors Service has upgraded the insurance financial strength rating of its principal operating subsidiary, National Mortgage Insurance Corporation to“ A3” and upgraded the company’ s outstanding senior notes due June 1, 2025 to“ Baa3.” Both ratings carry a stable outlook.. About NMI Holdings, Inc. NMI Holdings,…
Access to healthcare— doctors, health screenings, prescription drugs, and hospitals— is critically important for all Ohioans. Health insurance through employers, the Affordable Care Act, Medicare and Medicaid helps make sure people of all ages and in every corner of the state can get this crucial coverage. In Ohio and around the country, millions of people have…
Bloomfield- based Cigna Group said Wednesday it has agreed to sell certain businesses for about $3.7 billion, as the heath care giant pushes forward with a goal of building its other units, including its huge pharmacy-benefits manager, Express Scripts. Cigna, which employs thousands in Connecticut, mostly in the Hartford area, agreed to sell its Medicare…
One has to wonder what some Idaho legislators have against low-income Idahoans. HB 419 conditions the continuation of Medicaid expansion on the state obtaining federal waiver, by July 1, 2025, to allow a work requirement for adult recipients. As supporters of this bill undoubtedly know, Idaho already has an application pending for a similar work-requirement…
