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Home > Archives for Insurance Companies > Insurance News

Trean Insurance Group Reports Third Quarter 2022 Results

Posted on: November 2, 2022 By: Insurance Updates

Net Income of $7.6 Million and Adjusted Net Income of $5.5 Million Diluted Earnings per Share of $0.15 and Adjusted Diluted Earnings per Share of $0.11 Updates Full Year 2022 Outlook WAYZATA, Minn., Nov. 02, 2022 (GLOBE Read More

SiriusPoint reports year-over-year improvement of underwriting results and simplifies operating platform

Posted on: November 2, 2022 By: Insurance Updates

Third quarter 2022 gross premiums written of $844 million with split of 62% insurance and 38% reinsurance reflecting execution of strategic shift towards Insurance & ServicesStrong contribution from SiriusPoint’s strategic Read More

United Fire Group, Inc. Reports Third Quarter 2022 Results

Posted on: November 2, 2022 By: Insurance Updates

Third Quarter Net Loss of $0.91 per Diluted Share and Non-GAAP Adjusted Operating Loss of $0.47 per Diluted Share In the third quarter of 2022, United Fire Group, Inc. reported: Net premiums earned decreased 0.3% compared to the Read More

Enact Reports Third Quarter 2022 Results and Announces Quarterly Dividend

Posted on: November 1, 2022 By: Insurance Updates

GAAP Net Income of $191 million, or $1.17 per diluted shareAdjusted Operating Income of $191 million, or $1.17 per diluted shareReturn on Equity of 18.6% and Adjusted Operating Return on Equity of 18.6%Record Insurance-in-Force of Read More

Enact Declares Special Cash Dividend of $183 Million and Initiates $75 Million Share Repurchase Program

Posted on: November 1, 2022 By: Insurance Updates

RALEIGH, N.C., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced that its Board of Directors declared a special cash dividend of $183 million, or $1.12 per common share, and has Read More

Beazley’s latest Cyber Services Snapshot research reveals fraudulent instruction claims are on the rise

Posted on: November 1, 2022 By: Insurance Updates

New report examines cybersecurity asset management vulnerabilities, and addresses need for proactive asset management to support detection and response capabilitiesLondon, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Fraudulent instruction Read More

iink Payments Raises $3.0 MM in Seed II to Streamline P&C Claims Payments for the Insurance Restoration Industry

Posted on: November 1, 2022 By: Insurance Updates

TAMPA, Fla., Nov. 01, 2022 (GLOBE NEWSWIRE) -- iink Payments, a digital payments network that expedites the disbursement of funds associated with multi-party property insurance claims, announced it has raised $3.0 MM in seed Read More

ClaimBuyout Recognized for Technology Innovation in P&C Insurance Industry

Posted on: October 27, 2022 By: Insurance Updates

MANSFIELD, Texas, Oct. 27, 2022 (GLOBE NEWSWIRE) -- ClaimBuyout, a national vehicle buying company, has been named to NU PropertyCasualty360 Luminaries Class of 2022 in the category of Technology Innovation as pacesetters who Read More

Conifer Holdings Schedules Third Quarter 2022 Earnings Conference Call/Webcast for November 10, 2022

Posted on: October 27, 2022 By: Insurance Updates

BIRMINGHAM, Mich., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) announced today that it will host a conference call/webcast on Thursday, November 10, 2022 at 8:30am Eastern Time to discuss financial Read More

United Fire Group, Inc. Reports Estimates for Third Quarter 2022 Results

Posted on: October 27, 2022 By: Insurance Updates

CEDAR RAPIDS, Iowa, Oct. 27, 2022 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (the "Company" or "UFG") (Nasdaq: UFCS) announced today that its third quarter 2022 results include estimated pre-tax catastrophe losses of $27 Read More

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