Insurance
Mercury Insurance Challenges Teens and Seniors to be Safer Florida Drivers
Florida is third in the nation for teen car crash fatalities1, while it is first in the country for mature driver deaths for ages 65 and older2 startling statistics Mercury Insurance and the Tampa Bay Lightning want to reduce.
Mercury...
Insurance
Northwestern Mutual To Pay Policyowners $5.6 Billion In Dividends
Northwestern Mutual announced today that its policyowners will receive an estimated $5.6 billion in dividends through the company's 2019 dividend payout. This payout is expected to lead the industry and be the highest payout in the company's history.
The company's...
Americas
Sirius Group Becomes Public Company Via Business Combination With Easterly Acquisition Corp
Sirius International Insurance Group, Ltd. , a global multi-line insurance and reinsurance group, announced that it has closed the previously announced business combination with Easterly Acquisition Corp. (“Easterly”), pursuant to which a wholly owned subsidiary of Sirius Group merged...
Europe
LGIM statement on MSCI decision to retain MSCI Global Investable indexes
Commenting on MSCI’s decision to retain the MSCI Global Investable market indexes, Sacha Sadan, Director of Corporate Governance at Legal & General Investment Management said:
“LGIM is disappointed to see the U-turn by MSCI on the equal rights of shareholders....
Financials
Berkshire Hathaway Doubles Profit Helped by Lower Taxes
Lower taxes and strong results from its insurance operations helped Warren Buffett's Berkshire Hathaway (BRK) double operating profit in the quarter ended Sept. 30. Berkshire reported an operating profit of $6.88 billion, up from $3.44 billion from the same...
Americas
Fannie Mae Reports Net Income of $4.0 Billion and Comprehensive Income of $4.0 Billion for Third Quarter 2018
Fannie Mae reported its third quarter 2018 results and filed its third quarter 2018 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended September 30, 2018. The following documents...
Insurance
CGCX Targets 1.5 mln South East Asian Insurance Users with Archipelago Partnership
CGCX (Calfin Global Crypto Exchange), the world's first insured hybrid crypto exchange platform (who just recently raised over $32.5 million during their ICO) is not only disrupting cryptocurrency trading through its unique approach and technology, but it's bringing disruption...
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