|Day's Range||114.50 - 114.50|
Unum Group (UNM) remains poised for growth on efficient operational results, strong segmental performance and solid liquidity position.
Cincinnati Financial (CINF) remains poised for growth on efficient pricing decisions, strong performance of the Commercial Lines Insurance segment and appointment of new agencies.
Markel Corporation (NYSE:MKL) just released its yearly report and things are looking bullish. The company beat both...
Today, Boost Insurance ("Boost") announced a $14 million Series A round of financing to expand its cutting edge infrastructure-as-a-service (IaaS) platform that is transforming the insurance industry. The round was co-led by Coatue and Greycroft, with participation from Tusk Venture Partners, Conversion Capital, and MetLife Chairman Glenn Hubbard. Existing investors Norwest Venture Partners and IA Capital Group also participated. The investment brings Boost's total funding to $17 million and will be used to launch new business lines and expand its API services.
Markel Corporation (NYSE: MKL) reported operating revenues of $9.5 billion for the year ended December 31, 2019 compared to $6.8 billion in 2018. Comprehensive income to shareholders was $2.1 billion for the year ended December 31, 2019 compared to comprehensive loss to shareholders of $375.8 million in 2018. Diluted net income per share was $129.07 for the year ended December 31, 2019 compared to diluted net loss per share of $9.55 in 2018. The combined ratio was 94% in 2019 compared to 98% in 2018. Book value per common share outstanding was $802.59 at December 31, 2019 compared to $653.85 at December 31, 2018. Over the five-year period ended December 31, 2019, the compound annual growth in book value per common share outstanding was 8%. Over the five-year period ended December 31, 2019, our share price increased at a compound annual rate of 11%.
Markel Corporation (NYSE: MKL) announced today it will hold a conference call on Wednesday, February 5, 2020 beginning at 9:30 am (Eastern Time) to discuss quarterly and year-end results and business developments.
Markel (MKL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Selective Insurance (SIGI) remains poised for growth on geographic expansion, higher investment income and prudent capital deployment offset by higher expenses and cat loss.
American Financial Group's (AFG) arm Neon Underwriting Ltd.'s run-off is already on track as the company plans to depart from the Lloyd's of London insurance market.
Unum (UNM) gains traction from strong contributions of its U.S. and International segments, investment in technology and solid liquidity.
It has been a fantastic year for equity investors as Donald Trump pressured Federal Reserve to reduce interest rates and finalized the first leg of a trade deal with China. If you were a passive index fund investor, you had seen gains of 31% in your equity portfolio in 2019. However, if you were an […]
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
Markel Corporation (NYSE: MKL) announced today Mia Finsness' role has been expanded to Managing Director, Global Casualty Underwriting and Claims.