PHOENIX, May 25, 2017 (GLOBE NEWSWIRE) — CopperPoint Insurance Companies, a leader in workers compensation insurance, announces Scott Shader has joined the company as chief operating officer. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/4b1b30fe-8995-4dff-98ea-a7f320dea6b1. With more than 30 years’ insurance experience, Shader has extensive knowledge in commercial lines insurance, including expertise in analysis, building and running businesses with …

HAMILTON, Bermuda, May 23, 2017 (GLOBE NEWSWIRE) — Maiden Holdings, Ltd. (NASDAQ:MHLD) (“Maiden” or “the Company”) today announced that its subsidiary, Maiden Holdings North America, Ltd. (the “Issuer”), has given notice of its intention to redeem all of its 8.000% Notes due 2042 (CUSIP Number 56029Q309) (the “Notes”) (NYSE:MHNB) on June 27, 2017 (the “Redemption Date”). The Notes will be …

New York, May 23, 2017 (GLOBE NEWSWIRE) — Beazley, a leading specialist event cancellation insurer, has partnered with Rainprotection Insurance to offer event organizers protection against the administrative burden and associated fees of processing ticket refunds for attendees who are no longer able to attend events that are not cancelled or delayed. The new Inability to Attend product, sold by …

Key features Q1 2017 Post-tax profit of DKK 415m (Q1 2016: DKK 161m) EPS was DKK 4.8 (Q1 2016: DKK 1.7) Combined ratio: 85.8 (Q1 2016: 86.0) Combined ratio excluding run-off profits: 89.0 (Q1 2016: 91.8) Premiums increased 1.7% in non-life insurance and declined 4.8% in life insurance Profit on life insurance was DKK 72m (Q1 2016: DKK 8m) After …

Over the next several years, multinational firms expect to expand trade in foreign markets or increase trade in international markets they already do business in. Managers dealing with international risk are challenged to manage their existing risk management programs, especially when exposures from physical plants, increased revenue and loss trends changing. That according to Richard Friesenhahn, Head of Multinational for …

STAMFORD, Conn., May 22, 2017 (GLOBE NEWSWIRE) — Independence Holding Company (NYSE:IHC) today reported 2016 fourth-quarter and annual results.  Financial Results Net income attributable to IHC of $8,529,000, or $.49 per share diluted, for the three months ended December 31, 2016 increased from $4,933,000, or $.28 per share diluted, in the same period of 2015. Income from continuing operations increased …

STAMFORD, Conn., May 22, 2017 (GLOBE NEWSWIRE) — Independence Holding Company (NYSE:IHC) announced today that it intends to commence a tender offer within the next week to purchase up to 2,000,000 shares of its common stock at a price per share of $20.00. The number of shares proposed to be purchased in the tender offer represents approximately 12.21% of IHC’s currently …

HAMILTON, Bermuda, May 22, 2017 (GLOBE NEWSWIRE) — Enstar Group Limited (Nasdaq:ESGR) today announced its succession plan for Chief Financial Officer, Mark Smith.  Smith has served as Enstar’s CFO since August 2015 and will step down on December 31, 2017.  He will move into a consulting role for Enstar beginning January 1, 2018. Guy Bowker, Chief Accounting Officer and Deputy …

GUANGZHOU, China, May 22, 2017 (GLOBE NEWSWIRE) — Fanhua Inc., (Nasdaq:FANH), (the “Company” or “Fanhua”), a leading independent online-to-offline (“O2O”) financial services provider in China, today announced its unaudited financial results for the first quarter ended March 31, 20171. (In thousands, except per ADS) 2016 Q1 （RMB） 2017 Q1(RMB) 2017 Q1(US$) Change % Total net revenues 907,864   1,467,380 213,183 …

NEW YORK, May 22, 2017 (GLOBE NEWSWIRE) — JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), one of the world’s leading specialty-focused providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, is pleased to announce the appointment of Denise Kaloudis as Senior Vice President.  Based in New York, Kaloudis will work …

Directors Elections to the Board of Directors Announced New Officer Elections Announced Director Elections to the Board of Directors CEDAR RAPIDS, Iowa, May 19, 2017 (GLOBE NEWSWIRE) — United Fire Group, Inc. (Nasdaq:UFCS) (the “Company” or “UFG”) announced today that four directors were elected to our board at the Annual Meeting of Shareholders on May 17, 2017. The following individuals …

In accordance with the rules on financial transparency*, Ageas notifies that on 17 May 2017, its interest has fallen below the threshold of 5% of the shares issued by Ageas. Its current shareholding stands at 3.35%. Reason for the notificationAcquisition or disposal of voting securities or voting rights Notification byA parent undertaking or a controlling person Persons subject to the …

Alm. Brand generated a highly satisfactory pre-tax profit of DKK 272 million in Q1 2016. The guidance for FY2017 is raised by DKK 150 million to DKK 600-700 million.   “We are once again delivering a better-than-expected quarterly performance, which is highly satisfactory,” emphasised Alm. Brand’s CEO Søren Boe Mortensen. He continued:   “All of our three business areas are …

ORLANDO, Fla., May 17, 2017 (GLOBE NEWSWIRE) — The life settlement marketplace is poised for new growth opportunities as industry participants better leverage emerging technologies to facilitate the sale of seniors’ life insurance policies, according to speakers at this week’s 23rd Annual Spring Life Settlement Conference. The conference was hosted by the Life Insurance Settlement Association (LISA), the nation’s oldest …

SIOUX FALLS, S.D., May 17, 2017 (GLOBE NEWSWIRE) — Former Midland National® Life Insurance Company President and Chief Executive Officer William A. Rigsbee passed away on May 1, 2017.  Rigsbee joined Midland National in 1961, retiring in 1992 after serving 31 years at the company. “Bill left an indelible mark on our organization by leading us on a course of …

Following the cancellation of 7,170,522 Ageas shares bought back in 2016, the total number of issued shares (the ‘denominator’) has declined to 209,399,949. The Extraordinary General Meeting of Shareholders of ageas SA/NV of 17 May 2017 approved the cancellation of 7,170,522 shares (result of the shares bought-back in 2016). As a result, the total number of issued shares is reduced …

The Ordinary and Extraordinary General Meetings of Shareholders of ageas SA/NV have approved the proposals submitted to it by the Board of Directors. 41.91 % of the share capital was represented. The General Meetings of Shareholders have approved: the company’s statutory annual accounts for the financial year 2016; the payment of a gross cash dividend of EUR 2.10 per Ageas …

CEDAR RAPIDS, Iowa, May 17, 2017 (GLOBE NEWSWIRE) — Today, the Board of Directors of United Fire Group, Inc. (Nasdaq:UFCS) (“UFG”) approved a dividend increase of 12.0 percent over the previous quarterly dividend and declared a common stock quarterly cash dividend of $0.28 per share. This dividend will be payable June 15, 2017, to shareholders of record as of June …

Raleigh, NC, May 16, 2017 (GLOBE NEWSWIRE) — RegEd, the leading provider of compliance and risk management technology to broker-dealers and other financial services firms, today announced that it has surpassed 250,000 registered reps reporting outside business activities and compliance disclosures through its enterprise platform, representing 50% of the registered rep population across firms with over 100 reps. The firm …

New York, May 16, 2017 (GLOBE NEWSWIRE) — Beazley, a leading provider of specialist environmental liability insurance, has increased its capabilities with the hire of two new environmental underwriters in the US.  Edwin Baez joins Beazley with a focus on site specific pollution coverage, based out of the company’s Miami office.  Previously, Baez was with Berkley Environmental, where he held …