Sampo's Interim Statement will be published on 3 November 2016 SAMPO PLC STOCK EXCHANGE RELEASE 27 October 2016 at 11:55 am Sampo’s Interim Statement will be published on 3 November 2016 Sampo Group will publish an Interim Statement for January-September 2016 on 3 November 2016 between 9:30 am and 10:00 am Finnish time (7:30 am-8:00 am UK time). The Interim Statement and Supplementary Financial Information package will be available at www.sampo.com/result. Analyst … Read More
Mandatum Life to sell an insurance portfolio to Danske Bank SAMPO PLC STOCK EXCHANGE RELEASE 27 October 2016 at 9:35 am Mandatum Life to sell an insurance portfolio to Danske Bank On 20 October 2016 Mandatum Life disclosed its decision not to prolong the existing agency agreement with Danske Bank as of 31 December 2016. The company also communicated that it would by the end of October 2016 decide whether it uses … Read More
AMERISAFE Announces 2016 Third Quarter Results DERIDDER, La., Oct. 26, 2016 (GLOBE NEWSWIRE) — AMERISAFE, Inc. (Nasdaq:AMSF), a specialty provider of hazardous workers’ compensation insurance, today announced results for the third quarter ended September 30, 2016. Three Months Ended Nine Months Ended September 30, September 30, 2016 2015 % Change 2016 … Read More
Mixed commercial insurance market still favors buyers: Willis Towers Watson report ARLINGTON, VA, October 26, 2016 — The marketplace for property, casualty and other lines of commercial insurance will continue to favor insurance buyers in 2017, particularly those with comprehensive strategic risk management and risk transfer strategies, according to global advisory, broking and solutions company Willis Towers Watson’s (NASDAQ: WLTW) 2017 Marketplace Realities report. The report, published today, serves as a … Read More
Result of the mandatory offer by Sampo plc 26 October 2016 Announcement no. 64/2016 Today, Sampo has announced that, at the expiry of the offer period of the mandatory offer submitted by Sampo on 27 September 2016 to Topdanmark’s shareholders, Sampo has received acceptances of 7,374,306 shares in total, representing 7.76% of the total share capital. Thus, Sampo holds 39,051,226 shares, representing 41.11% of the total share capital. … Read More
Announcement of the expiry and final result of Sampo's mandatory offer to the shareholders of Topdanmark NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, SOUTH AFRICA, HONG KONG OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. SAMPO PLC STOCK EXCHANGE RELEASE 26 October 2016 at 9:30 am Announcement of … Read More
Conifer Holdings Schedules Third-Quarter Conference Call/Webcast for Thursday, November 10 BIRMINGHAM, Mich., Oct. 25, 2016 (GLOBE NEWSWIRE) — Conifer Holdings, Inc. (Nasdaq:CNFR) will hold a conference call/webcast on Thursday, November 10, at 8:30 a.m. ET to discuss results for the third quarter and nine months ended September 30, 2016. The company expects to release financial results on Wednesday, November 9, after the close of the market. Investors, analysts, employees and … Read More
Andesa Services Successfully Completes SOC-1, SOC-2, and SOC-3 Examinations ALLENTOWN, Pa., Oct. 25, 2016 (GLOBE NEWSWIRE) — via PRWEB – Andesa Services, a leader in providing SaaS Policy and Plan Administration solutions to life insurance and annuity carriers, announced today the successful completion of its annual Service Organization Control (SOC) examinations as prepared in compliance with American Institute of Certified Public Accountants (AICPA) guidelines. The AICPA has established three, … Read More
Connecture to Release 2016 Third Quarter Financial Results on November 7, 2016 BROOKFIELD, Wis., Oct. 24, 2016 (GLOBE NEWSWIRE) — Connecture, Inc. (Nasdaq:CNXR), a provider of web-based information systems used to create health insurance marketplaces, will release its 2016 third quarter financial results on Monday, November 7, after market close and will host a conference call to follow at 5:00 p.m. Eastern Time. Shareholders and interested participants who would like to listen … Read More
Maiden Holdings, Ltd. to Release Third Quarter 2016 Earnings on November 2, 2016 and Host Conference Call on November 3, 2016 HAMILTON, Bermuda, Oct. 24, 2016 (GLOBE NEWSWIRE) — Maiden Holdings, Ltd. (“Maiden”) (NASDAQ:MHLD) plans to release third quarter 2016 financial results following the market close on Wednesday, November 2, 2016. Art Raschbaum, Chief Executive Officer and Karen Schmitt, Chief Financial Officer will review these results via teleconference and live audio webcast on Thursday, November 3, 2016 beginning at 12:00 p.m. … Read More
Greenlight Capital Re to Release Third Quarter 2016 Results GRAND CAYMAN, Cayman Islands, Oct. 24, 2016 (GLOBE NEWSWIRE) — Greenlight Capital Re, Ltd. (NASDAQ:GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the third quarter ended September 30, 2016 after the market closes on Monday, November 7, 2016. A live conference call to discuss the … Read More
Partners South Estate Planning Comes to Richmond, VA FT. LAUDERDALE, Fla., Oct. 24, 2016 (GLOBE NEWSWIRE) — Partners South Estate Planning of Fort Lauderdale is pleased to announce that Scott LaRochelle, CPRC, CPFA has joined the team as Managing Partner, Partners South – Richmond, VA. LaRochelle expands the reach of Partners South and offers a wealth of experience and knowledge. He is regarded as an industry authority by … Read More
Conifer Holdings Provides Preliminary Estimate of Catastrophe Losses from Hurricane Matthew BIRMINGHAM, Mich., Oct. 21, 2016 (GLOBE NEWSWIRE) — Conifer Holdings, Inc. (Nasdaq:CNFR) (“Conifer” or the “Company”) announced today an update regarding Hurricane Matthew, which impacted the state of Florida and Eastern Coast of the United States in October. While the ultimate cost and impact on the Company’s financial results cannot be determined with exact certainty at this time, the Company … Read More
RMS Estimates Hurricane Matthew Insured Losses for the U.S. Will Be Between $1.5 billion and $5 billion Losses for the Caribbean will be between $1bn and $3bn, making Matthew the costliest Atlantic hurricane to the (re)insurance industry since Sandy in 2012 NEWARK, Calif. – October 21, 2016 – RMS, the world’s leading catastrophe risk management firm, estimates that insured losses for the U.S. from Hurricane Matthew will fall between $1.5 and $5 billion. In the Caribbean, RMS … Read More
Rising Auto Claims Costs Put Upward Pressure On Price Of Insurance – I.I.I. I.I.I. White Paper Finds Increase In Frequency And Severity Of Auto Crashes NEW YORK, October 20, 2016 — Over the past two years, U.S. auto insurance companies have seen private-passenger loss costs rise sharply as insurers receive more, and costlier, claims, according to the Insurance Information Institute (I.I.I.) “There has been an alarming increase in crashes and claims reported. This, … Read More
Donegal Group Inc. Announces Appointment of Director and Quarterly Dividend MARIETTA, Pa., Oct. 20, 2016 (GLOBE NEWSWIRE) — Donegal Group Inc. (NASDAQ:DGICA) (NASDAQ:DGICB) reported that its board of directors today considered and approved the appointment of Kevin G. Burke as a member of the board of directors of Donegal Group Inc. Mr. Burke was appointed to serve as a Class A director until the election of his successor at Donegal … Read More
Life Settlements Industry Margins Pressured by Cost of Insurance Rate Increases HARTFORD, Conn., Oct. 20, 2016 /PRNewswire/ — Life settlement market conditions are relatively benign, except for margin pressures from cost of insurance increases over the past year, according to a new study by Conning, Inc. “Life settlements continued to attract investor interest as an alternative asset class in 2015 and into 2016,” said Scott Hawkins, a Director, Insurance Research at Conning. … Read More
Mandatum Life will not prolong the agency agreement with Danske Bank SAMPO PLC STOCK EXCHANGE RELEASE 20 October 2016 at 2:00 pm Mandatum Life will not prolong the agency agreement with Danske Bank In connection with the acquisition of Sampo’s banking operations by Danske Bank A/S in early 2007, Sampo Bank plc (now Danske Bank Plc), and Sampo Life Insurance Company Ltd (now Mandatum Life Insurance Company Ltd) signed an agency agreement that … Read More
Consumer Demand for Life Settlements Increasing, According to Speakers at Fall Life Settlement Conference ORLANDO, Fla., Oct. 19, 2016 (GLOBE NEWSWIRE) — Investors purchased $1.7 billion worth of U.S. life insurance face value in 2015 and growing consumer interest in life settlements is a positive indicator for the future of the industry, reported a leading industry analyst at the Life Insurance Settlement Association (LISA)’s 22nd Annual Fall Life Settlement & Compliance Conference. Scott Hawkins, … Read More
Insurance Stocks Technical Reports — AIG., MGIC Investment, Berkshire Hathaway, and Radian NEW YORK, October 19, 2016 /PRNewswire/ — The Property and Casualty Insurance industry continues to suffer from sluggish demand due to a slowdown in economic activity. According to reinsurance specialist Guy Carpenter, global catastrophe reinsurance prices dropped this year below levels last seen in 2001. Today, Stock-Callers.com reviews the performances of American International Group Inc. (NYSE: AIG), MGIC Investment Corp. (NYSE: MTG), … Read More
