Property & Casualty Insurance

EMC Insurance Group Inc lowers FY 2014 EPS guidance; gives Q3 2014 EPS guidance below analysts' estimates

EMC Insurance Group Inc:Says that based on actual results for first nine months of 2014 and projections for remainder of year, management has revised FY 2014 operating income guidance from previous range of $2.00 to $2.25 per share to revised range of $1.55 to $1.80 per share (EPS).Revised guidance...

Friday, 24 Oct 2014 06:30am EDT

PICC Property and Casualty Co Ltd completes issue of subordinated term debts

PICC Property and Casualty Co Ltd:Has issued subordinated term debts to qualified investors.Principal amount of issued subordinated term debts is 8 Bln Yuan, with maturity term of 10 years.Coupon rate is 5.75 pct p a for first five years.Company has option to redeem subordinated term debts at end of...

Friday, 24 Oct 2014 04:33am EDT

Amlin plc Signs definitive agreement to Increase stake in Leadenhall Capital Partners

Amlin plc:Says that it has signed definitive legal agreements to increase its existing interest in Leadenhall Capital Partners LLP, an investment manager in (re)insurance-linked securities which Amlin established in joint venture with LCP’s individual partners in 2008.Says under the terms of the...

Friday, 24 Oct 2014 02:00am EDT

Chubb Corp raises FY 2014 EPS guidance

Chubb Corp:Increases FY 2014 operating income per share guidance to a range of $7.35 to $7.45 from the $6.75 to $6.95 range it provided in July 2014.Revised guidance is based on operating income per share of $5.35 for the first nine months and an estimated range of $2.00 to $2.10 for the fourth...

Thursday, 23 Oct 2014 04:07pm EDT

Mercury General Corp enters into agreement to acquire Workmen's Auto Insurance Company

Mercury General Corp:Has entered into definitive agreement for purchase of Workmen's Auto Insurance Company, subject to regulatory approval.Purchase price is $8 mln and transaction is expected to close during Q1 of 2015.

Thursday, 23 Oct 2014 08:30am EDT

Horace Mann Educators Corp raises FY 2014 EPS guidance

Horace Mann Educators Corp:Raises FY 2014 operating income guidance to $2.20 to $2.30 per diluted share.

Wednesday, 22 Oct 2014 04:16pm EDT

State Auto Financial gives Q3 2014 EPS guidance below analysts' estimates

State Auto Financial Corp:Estimates Q3 2014 net income will be in the range of $0.26 to $0.29 per diluted share.Q3 2014 revenue of $0.33 - Thomson Reuters I/B/E/S.

Wednesday, 22 Oct 2014 04:00pm EDT

Atlas Financial Holdings signs definitive agreement to acquire Global Liberty Insurance Company of New York and Related Companies

Atlas Financial Holdings Inc:Says to acquire Global Liberty Insurance Company of New York along with its affiliated underwriting and premium finance companies for $25 mln.Upon the closing of the transaction, Atlas will continue to manage Global Liberty's public auto insurance business utilizing its...

Friday, 17 Oct 2014 12:33pm EDT

Delta Insurance Co SAE appoints external auditors for FY 2014/2015

Delta Insurance Co SAE:Announces that it has appointed Aziz Maher Aziz Barsoum partner of M/s. Hazem Hasan & Partners (KPMG) as the company's external auditors for the fiscal year ended June 30, 2015 (FY 2014/2015).

Monday, 13 Oct 2014 08:00pm EDT

State Insurance Co Of Ghana Ltd announces Chairperson resignation

State Insurance Co Of Ghana Ltd:SIC announces the resignation of the Chairperson of the Board, Felicity Acquah.The resignation took effect from Sept. 30.The Board at its emergency meeting held on Sept. 30, elected one of its members, Sydney Laryea to act as Chairman.

Sunday, 12 Oct 2014 08:00pm EDT

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