Property & Casualty Insurance

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

2:00am EDT

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 agreement, Amlin has increased its current 40 pct interest in the Business to 75 pct via a partial acquisition of each individual partner’s stake.Says the final consideration amount will be determined by the future profitability of the Business, and will be payable in three instalments over the period to May 2016.

Chubb Corp raises FY 2014 EPS guidance

Thursday, 23 Oct 2014 04:07pm EDT

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 quarter.FY 2014 EPS of $7.17 - Thomson Reuters I/B/E/S.

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

Thursday, 23 Oct 2014 08:30am EDT

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.

Horace Mann Educators Corp raises FY 2014 EPS guidance

Wednesday, 22 Oct 2014 04:16pm EDT

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


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Analyst Research

Report Title Price
Provider: Renaissance Capital
Provider: Edison Investment Research
Provider: Edison Investment Research
Provider: Zacks Investment Research Inc.
Provider: GlobalData

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