SCOR opens a SCOR Global P&C SE representative office in Kenya Press Release24 August 2017 – N° 20 SCOR opens a SCOR Global P&C SErepresentative office in Kenya Further to the initial approval granted in April 2016, the Insurance Regulatory Authority of Kenya (IRA) has confirmed its approval of the opening of a SCOR Global P&C SE representative office in Nairobi. The new office will become operational on 1 September 2017 … Read More
Alm. Brand A/S – Interim report for H1 2017 Alm. Brand generated a highly satisfactory pre-tax profit of DKK 543 million in H1 2017. The guidance for FY2017 is lifted by DKK 100 million to DKK 700-800 million. “The Alm. Brand Group’s H1 performance was very satisfactory – we reported both stronger growth and better results than we had expected. As a result, we are lifting our guidance … Read More
American Land Title Association Statement on FinCEN’s Extension and Expansion of Money Laundering Prevention Effort Washington, D.C., Aug. 22, 2017 (GLOBE NEWSWIRE) — The American Land Title Association (ALTA), the national trade association of the land title insurance industry, released the following statement in response to the United States Department of Treasury Financial Crime Enforcement Network’s (FinCEN) announcement that it will extend and broaden its Geographic Targeting Orders (GTO) to include transactions involving wire transfers: … Read More
Charles Gipple Joins North American Company® as Vice President of Sales, Life Division WEST DES MOINES, Iowa, Aug. 22, 2017 (GLOBE NEWSWIRE) — North American Company for Life and Health Insurance®, a member of Sammons® Financial Group, is pleased to announce the recent hiring of Charles Gipple, CLU, ChFC as Vice President of Sales, Life Division. Gipple will be responsible for the overall sales management of North American life insurance products. A … Read More
Fanhua Reports Second Quarter and First Half 2017 Unaudited Financial Results GUANGZHOU, China, Aug. 21, 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 second quarter ended June 30, 20171. Financial Highlights for the Second quarter of 2017: (In thousands, except per ADS) 2016 Q2 （RMB） 2017 Q2(RMB) 2017 Q2(US$) Change … Read More
Conifer Holdings Appoints Insurance Banking Veteran Isolde O’Hanlon as New Board Member BIRMINGHAM, Mich., Aug. 21, 2017 (GLOBE NEWSWIRE) — Conifer Holdings, Inc. (Nasdaq:CNFR) (“Conifer” or the “Company”) announced today that Isolde O’Hanlon has been elected to the Board of Directors of the Company. With the addition of Ms. O’Hanlon, Conifer’s Board of Directors increases to seven members. James Petcoff, Chairman and CEO, stated, “We are delighted to welcome Isolde to serve … Read More
Tom Temple Joins BOLT to Drive Partnerships as the Industry Embraces Digital Transformation NEW YORK, Aug. 21, 2017 (GLOBE NEWSWIRE) — BOLT Solutions, Inc. (www.boltinc.com), provider of the leading online distribution and customer support platform to the property and casualty (P&C) insurance industry, welcomes its newest team member, Tom Temple, managing director of business development. As digital distribution continues to gain momentum, Temple will identify and capitalize on potential new business opportunities for … Read More
Topdanmark’s holding of own shares is below 10% 21 August 2017 Announcement No. 23/2017 Topdanmark’s holding of own shares is now 9,449,921, representing 9.95% of the share capital. As published in announcement No. 17/2017 on 23 March 2017, Topdanmark’s holding of own shares was 9,569,000 shares, representing 10.07% of the share capital. This announcement is published with reference to Section 29 of the Danish Securities Act. Please direct … Read More
Member Insurance Hires Former Do it Best Corp. Vice President of Sales and Business Development Jay Brown CORNELIUS, N.C., Aug. 21, 2017 (GLOBE NEWSWIRE) — Member Insurance Agency, Inc., the largest provider of insurance to co-op and independent hardware stores in the United States, today announced the appointment of Jay Brown as Account Ambassador. In this newly-created role, Brown will be working with major retail businesses in the hardware store, lumber dealer, and building material dealer industries … Read More
Brown & Brown, Inc. Announces the Asset Acquisition of herronpalmer DAYTONA BEACH, Fla., Aug. 21, 2017 (GLOBE NEWSWIRE) — J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Felicia Palmer and Tony Herron, the founders of herronpalmer, LLC (“herronpalmer”), today announced that Pacific Resources Benefit Advisors, LLC, a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of herronpalmer. Herronpalmer assists Fortune-ranked … Read More
Federated National Holding Company Management to Participate in a Fireside Chat at the Keefe Bruyette & Woods 2017 Insurance Conference SUNRISE, Fla., Aug. 18, 2017 (GLOBE NEWSWIRE) — Federated National Holding Company (“Federated National” or “the “Company”) (NASDAQ:FNHC), an insurance holding company, announced today that Company management will participate in a fireside chat at the upcoming Keefe, Bruyette & Woods 2017 Insurance Conference on Wednesday, September 6, 2017 at 3:15 PM Eastern Time. The conference is being held at the … Read More
United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.28 per Share CEDAR RAPIDS, Iowa, Aug. 18, 2017 (GLOBE NEWSWIRE) — Today, the Board of Directors of United Fire Group, Inc. (Nasdaq:UFCS) (“UFG”) declared a common stock quarterly cash dividend of $0.28 per share. This dividend will be payable September 15, 2017, to shareholders of record as of September 1, 2017. UFG has consistently paid a quarterly cash dividend since 1968. About … Read More
EMC Insurance Group Inc. Declares Quarterly Cash Dividend, and Announces a Presentation by Management at the 6th Annual Intellisight Investor Conference DES MOINES, Iowa, Aug. 17, 2017 (GLOBE NEWSWIRE) — EMC Insurance Group Inc. (NASDAQ:EMCI) (the “Company”) today announced that its board of directors declared a quarterly cash dividend of $0.21 per share of common stock payable September 5, 2017, to stockholders of record as of August 29, 2017. The Company has declared a quarterly dividend since becoming a publicly held … Read More
HCI Group Subsidiary Homeowners Choice Approved to Write Flood Insurance in Maryland TAMPA, Fla., Aug. 17, 2017 (GLOBE NEWSWIRE) — HCI Group, Inc. (NYSE:HCI) announced today that its wholly-owned insurance subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., has received regulatory approval to write flood insurance in Maryland. Homeowners Choice may begin selling its flood insurance product there once regulators approve rates and policy forms. About HCI Group, Inc.HCI Group, Inc. … Read More
AmTrust Financial Services, Inc. Strengthens Senior Management Team with Appointment of Ariel Gorelik as SVP and Chief Information Officer NEW YORK, Aug. 16, 2017 (GLOBE NEWSWIRE) — AmTrust Financial Services, Inc. (Nasdaq:AFSI) (the “Company” or “AmTrust”) today announced that Ariel Gorelik, an experienced global insurance industry executive and most recently Chief Operating Officer of AmTrust’s AMT Warranty division, has been appointed Senior Vice President and Chief Information Officer (CIO), reporting to Chairman and Chief Executive Officer Barry Zyskind. Mr. … Read More
Greenlight Capital Re, Ltd. Announces Appointment of Michael Belfatti to Newly Created Position of Chief Operating Officer GRAND CAYMAN, Cayman Islands, Aug. 16, 2017 (GLOBE NEWSWIRE) — Greenlight Capital Re, Ltd. (NASDAQ:GLRE) (“GLRE” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, today announced it has hired Michael Belfatti to the newly created position of Chief Operating Officer, effective September 1, 2017. Mr. Belfatti’s responsibilities as COO will include oversight of … Read More
Construction Risk Partners, a JLT Group Company Announces Appointment of Greg Steele as Senior Surety Account Executive BOSTON, Aug. 16, 2017 (GLOBE NEWSWIRE) — JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), one of the world’s leading speciality risk advisors and brokers, is pleased to announce the appointment of Greg Steele as Senior Surety Account Executive. This appointment comes after JLT announcing two additional key hires in their Boston Construction Risk … Read More
Admiral Group plc results for the six months ended 30 June 2017 Admiral Group plc results for the six months ended 30 June 201716 August 2017 2017 Interim Results Highlights 30 June 2017 30 June 2016 % change Group’s share of profit before tax*1 £195 million £193 million +1% Group statutory profit before tax £193 million £190 million +2% Earnings per share 57.3 pence 55.9 pence +3% … Read More
Hallmark Expands Professional Liability Offerings to Include Management & Professional Liability Risks FORT WORTH, Texas, Aug. 15, 2017 (GLOBE NEWSWIRE) — Hallmark Financial Services, Inc. (NASDAQ:HALL) is pleased to announce the launch of our Financial Lines Group in Hallmark Pro. This new product offering targets management and professional liability needs for private, public and non-profit entities and is an important part of the continued expansion and diversification of our Professional Liability operating … Read More
Plexus Recognized as 2017 Best Practices Agency DEER PARK, Ill., Aug. 15, 2017 (GLOBE NEWSWIRE) — The Plexus Groupe (Plexus), an insurance brokerage and risk management consultancy with a national presence and an international reach, has again been certified as a Best Practices Agency by the Independent Insurance Agents & Brokers of America, Inc. (IIABA) and Reagan Consulting, Inc. The Best Practices designation honors insurance agencies for … Read More
