Kingstone Companies Inc (KINS) 6.72 $KINS
Kingstone Reports 2013 Results Direct Premiums Written Increase 23% to $60.4 Million
Business Wire - Mon Mar 31, 3:05PM CDT
Kingstone Companies, Inc. (NASDAQ:KINS) reported its results of operations for the year ended December 31, 2013. Net income was $2.012 million, or $.50 per share, up from the $0.767 million, or $.20 per share, earned for the year ended December 31, 2012. Net operating income(1) for 2013 was $1.632 million, or $.40 per diluted share, as compared to $.577 million, or $.15 per diluted share, generated in 2012. Book value per share was $4.91, up 15.8% from year end 2012. Policies in force at December 31, 2013 totaled 36,596, up 21.1% over year end 2012.
DineEquity, Inc. Reports Significant Progress in Fourth Quarter and Fiscal 2013 Results
Business Wire - Wed Feb 26, 7:02AM CST
--Fiscal 2013 adjusted EPS (Non-GAAP) of $4.24 and GAAP EPS of $3.70
Reinsurance Market in China 2014-2018
M2 - Wed Feb 26, 3:07AM CST
Research and Markets (http://www.researchandmarkets.com/research/d2p39k/reinsurance) has announced the addition of the "Reinsurance Market in China 2014-2018" report to their offering. The analysts forecast the Reinsurance market in China to grow at a CAGR of 15.55 percent over the period 2013-2018. Commenting on the report, an analyst from the team said: Natural catastrophe losses have increased in the past three decades, mainly due to rising economic values. Increasing urbanization in the coastal regions and the increasing frequency of natural calamities have played a significant role in uptake in the Reinsurance market. This has attracted the attention of the Chinese government to seek to build robust catastrophe insurance and promote the Reinsurance market in the country. The Chinese government outlined these goals in its 12th five year plans. There are also plans to build an insurance exchange in Shanghai, considering the increasing density of insurance and reinsurance players in the market. As a result, the density of insurance and reinsurance companies will increase, with the increasing demand for reinsurance. This will also reduce the burden of higher government debt per capita incurred in the event of natural calamities. One of the major drivers in this market is the robust economic growth. China is one of the leading countries which have exhibited good economic growth, coupled with low inflation rates. As a measure to revive investments in the economy, the government is opening up fiscal and monetary policies. This step will encourage foreign insurance and reinsurance companies to collaborate with Chinese domestic companies and operate in the country. This makes it a potential segment for reinsurance. One of the main challenges in this market is the slower growth in premium income. Global interest rates are currently low, which has lowered investment yields. Consequently, insurance companies are left with adequate capital to fund their risk mitigation strategies, which reduces the demand for reinsurance. Key Topics Covered 1. Executive Summary 2. List of Abbreviations 3. Scope of the Report 4. Market Research Methodology 5. Introduction 6. Market Landscape 7. Market Segmentation by Product 8. Buying Criteria 9. Market Growth Drivers 10. Drivers and their Impact 11. Market Challenges 12. Impact of Drivers and Challenges 13. Market Trends 14. Trends and their Impact 15. Vendor Landscape 16. Key Vendor Analysis Companies Mentioned - Lloyd's Reinsurance Company (China) - M?nchener R?ckversicherungs-Gesellschaft - Swiss Reinsurance Company For more information visit http://www.researchandmarkets.com/research/d2...einsurance About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products.
Asavie to Power out-of-the-Box Secure Connectivity for Cradlepoint Networking Devices
Business Wire - Tue Feb 25, 2:00AM CST
Asavie Technologies today announced a strategic partnership with CradlePoint to provide out-of-the-box secure connectivity for CradlePoint's networking devices. The branded solution, called CradlePoint Secure Connect(TM), is the first cloud network as a service that allows secure, multi-operator private networks to be deployed and managed quickly and easily on a global scale.
Kingstone announces quarterly dividend of USD0.04 per share
M2 - Fri Feb 21, 6:37AM CST
Kingstone Companies Inc (NASDAQ:KINS), a property and casualty insurance holding company, reported on Thursday that its board of directors approved a quarterly dividend of USD0.04 per share.
Kingstone Declares $.04 Share Quarterly Dividend
Business Wire - Thu Feb 20, 2:00PM CST
Kingstone Companies, Inc. (NASDAQ:KINS) announced that its board declared a quarterly dividend of $.04 per share payable on March 14, 2014 to shareholders of record at the close of business on March 6, 2014.
Kingstone Companies Announces Hiring of Chief Actuary
Business Wire - Mon Dec 16, 8:15AM CST
Kingstone Companies, Inc. (NASDAQ:KINS) today announced that Kingstone Insurance Company ("KICO"
, its wholly-owned subsidiary, has hired Benjamin Walden, FCAS, MAAA as Vice President and Chief Actuary.
Kingstone Companies Closes Upsized Public Offering, Including Exercise of Over-Allotment Option
Business Wire - Fri Dec 13, 12:00PM CST
Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone" today announced the closing of the underwritten public offering of 3,450,000 shares of its common stock, including 450,000 shares issued pursuant to the underwriter's 30-day over-allotment option, at a public offering price of $5.95 per share. The aggregate net proceeds to the Company are expected to be approximately $18.9 million, after deducting underwriting discounts and commissions and other estimated offering expenses.
Kingstone Companies Prices Upsized Public Offering
Business Wire - Tue Dec 10, 8:15AM CST
Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone" today announced the pricing of the underwritten public offering of 3,000,000 shares of its common stock at a price of $5.95 per share, for a total of $17,850,000. In addition, the Company has granted to Sandler O'Neill + Partners, L.P., the underwriter of the offering, a 30-day option to purchase up to an additional 450,000 shares to cover over-allotments, if any.
Kingstone Companies Commences Public Offering
Business Wire - Tue Dec 03, 8:30AM CST
Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone" today announced that it has commenced an underwritten public offering of 2,500,000 shares of its common stock. Sandler O'Neill + Partners, L.P., the underwriter of the offering, will have a 30-day option to purchase from the Company up to an additional 15% of the shares offered to cover over-allotments, if any.
Kingstone Companies Announces Third Quarter Results
Business Wire - Thu Nov 14, 10:00AM CST
Kingstone Companies, Inc. (NASDAQ:KINS) reported its results for the period ended September 30, 2013. (References are to the three months ended September 30, 2013 unless stated otherwise).
Kingstone Companies Announces Second Quarter Results
Business Wire - Wed Aug 14, 12:30PM CDT
Kingstone Companies, Inc. (NASDAQ: KINS) reported its results for the period ended June 30, 2013. Book value per share was $4.09, a decline of $.24 from the previous quarter. Net income was $68,000, or $.02 per share, down from $560,000 and $.15 per share earned during the comparable period in 2012. Net operating (loss) income(1) for the three months ended June 30, 2013 was ($97,000), or ($.03) per share, as compared to $556,000 and $.14 per share generated during the comparable period in 2012.
Kingstone Companies Announces First Quarter Results
Business Wire - Wed May 15, 12:00PM CDT
--Annual Shareholder Meeting
A.M. Best Affirms Ratings of Kingstone Insurance Company and Kingstone Companies, Inc.
Business Wire - Wed May 15, 8:00AM CDT
A.M. Best Co. has affirmed the financial strength rating of B+ (Good) and the issuer credit rating (ICR) of "bbb-" of Kingstone Insurance Company (Kingstone) (Kingston, NY). Concurrently, A.M. Best has affirmed the ICR of "bb-" of Kingstone Companies, Inc. [NASDAQ: KINS], the publicly traded holding company of Kingstone. The outlook for all ratings is stable.
Kingstone Reports 2012 Results Annual Written Premium Increases 21% to $49.25 Million
Business Wire - Mon Apr 01, 12:00PM CDT
Kingstone Companies, Inc. (NASDAQ: KINS) reported its results of operations for the year ended December 31, 2012. Net income was $.77 million, or $.20 per share, down from the $2.50 million and $.64 per share earned for the year ended December 31, 2011. Net operating income(1) for 2012 was $577,000, or $.15 per diluted share, as compared to $2,157,000 and $.55 per diluted share generated in 2011.
Kingstone Reports 2013 Results Direct Premiums Written Increase 23% to $60.4 Million
Business Wire - Mon Mar 31, 3:05PM CDT
Kingstone Companies, Inc. (NASDAQ:KINS) reported its results of operations for the year ended December 31, 2013. Net income was $2.012 million, or $.50 per share, up from the $0.767 million, or $.20 per share, earned for the year ended December 31, 2012. Net operating income(1) for 2013 was $1.632 million, or $.40 per diluted share, as compared to $.577 million, or $.15 per diluted share, generated in 2012. Book value per share was $4.91, up 15.8% from year end 2012. Policies in force at December 31, 2013 totaled 36,596, up 21.1% over year end 2012.
DineEquity, Inc. Reports Significant Progress in Fourth Quarter and Fiscal 2013 Results
Business Wire - Wed Feb 26, 7:02AM CST
--Fiscal 2013 adjusted EPS (Non-GAAP) of $4.24 and GAAP EPS of $3.70
Reinsurance Market in China 2014-2018
M2 - Wed Feb 26, 3:07AM CST
Research and Markets (http://www.researchandmarkets.com/research/d2p39k/reinsurance) has announced the addition of the "Reinsurance Market in China 2014-2018" report to their offering. The analysts forecast the Reinsurance market in China to grow at a CAGR of 15.55 percent over the period 2013-2018. Commenting on the report, an analyst from the team said: Natural catastrophe losses have increased in the past three decades, mainly due to rising economic values. Increasing urbanization in the coastal regions and the increasing frequency of natural calamities have played a significant role in uptake in the Reinsurance market. This has attracted the attention of the Chinese government to seek to build robust catastrophe insurance and promote the Reinsurance market in the country. The Chinese government outlined these goals in its 12th five year plans. There are also plans to build an insurance exchange in Shanghai, considering the increasing density of insurance and reinsurance players in the market. As a result, the density of insurance and reinsurance companies will increase, with the increasing demand for reinsurance. This will also reduce the burden of higher government debt per capita incurred in the event of natural calamities. One of the major drivers in this market is the robust economic growth. China is one of the leading countries which have exhibited good economic growth, coupled with low inflation rates. As a measure to revive investments in the economy, the government is opening up fiscal and monetary policies. This step will encourage foreign insurance and reinsurance companies to collaborate with Chinese domestic companies and operate in the country. This makes it a potential segment for reinsurance. One of the main challenges in this market is the slower growth in premium income. Global interest rates are currently low, which has lowered investment yields. Consequently, insurance companies are left with adequate capital to fund their risk mitigation strategies, which reduces the demand for reinsurance. Key Topics Covered 1. Executive Summary 2. List of Abbreviations 3. Scope of the Report 4. Market Research Methodology 5. Introduction 6. Market Landscape 7. Market Segmentation by Product 8. Buying Criteria 9. Market Growth Drivers 10. Drivers and their Impact 11. Market Challenges 12. Impact of Drivers and Challenges 13. Market Trends 14. Trends and their Impact 15. Vendor Landscape 16. Key Vendor Analysis Companies Mentioned - Lloyd's Reinsurance Company (China) - M?nchener R?ckversicherungs-Gesellschaft - Swiss Reinsurance Company For more information visit http://www.researchandmarkets.com/research/d2...einsurance About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products.
Asavie to Power out-of-the-Box Secure Connectivity for Cradlepoint Networking Devices
Business Wire - Tue Feb 25, 2:00AM CST
Asavie Technologies today announced a strategic partnership with CradlePoint to provide out-of-the-box secure connectivity for CradlePoint's networking devices. The branded solution, called CradlePoint Secure Connect(TM), is the first cloud network as a service that allows secure, multi-operator private networks to be deployed and managed quickly and easily on a global scale.
Kingstone announces quarterly dividend of USD0.04 per share
M2 - Fri Feb 21, 6:37AM CST
Kingstone Companies Inc (NASDAQ:KINS), a property and casualty insurance holding company, reported on Thursday that its board of directors approved a quarterly dividend of USD0.04 per share.
Kingstone Declares $.04 Share Quarterly Dividend
Business Wire - Thu Feb 20, 2:00PM CST
Kingstone Companies, Inc. (NASDAQ:KINS) announced that its board declared a quarterly dividend of $.04 per share payable on March 14, 2014 to shareholders of record at the close of business on March 6, 2014.
Kingstone Companies Announces Hiring of Chief Actuary
Business Wire - Mon Dec 16, 8:15AM CST
Kingstone Companies, Inc. (NASDAQ:KINS) today announced that Kingstone Insurance Company ("KICO"
, its wholly-owned subsidiary, has hired Benjamin Walden, FCAS, MAAA as Vice President and Chief Actuary. Kingstone Companies Closes Upsized Public Offering, Including Exercise of Over-Allotment Option
Business Wire - Fri Dec 13, 12:00PM CST
Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"
today announced the closing of the underwritten public offering of 3,450,000 shares of its common stock, including 450,000 shares issued pursuant to the underwriter's 30-day over-allotment option, at a public offering price of $5.95 per share. The aggregate net proceeds to the Company are expected to be approximately $18.9 million, after deducting underwriting discounts and commissions and other estimated offering expenses. Kingstone Companies Prices Upsized Public Offering
Business Wire - Tue Dec 10, 8:15AM CST
Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"
today announced the pricing of the underwritten public offering of 3,000,000 shares of its common stock at a price of $5.95 per share, for a total of $17,850,000. In addition, the Company has granted to Sandler O'Neill + Partners, L.P., the underwriter of the offering, a 30-day option to purchase up to an additional 450,000 shares to cover over-allotments, if any. Kingstone Companies Commences Public Offering
Business Wire - Tue Dec 03, 8:30AM CST
Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"
today announced that it has commenced an underwritten public offering of 2,500,000 shares of its common stock. Sandler O'Neill + Partners, L.P., the underwriter of the offering, will have a 30-day option to purchase from the Company up to an additional 15% of the shares offered to cover over-allotments, if any. Kingstone Companies Announces Third Quarter Results
Business Wire - Thu Nov 14, 10:00AM CST
Kingstone Companies, Inc. (NASDAQ:KINS) reported its results for the period ended September 30, 2013. (References are to the three months ended September 30, 2013 unless stated otherwise).
Kingstone Companies Announces Second Quarter Results
Business Wire - Wed Aug 14, 12:30PM CDT
Kingstone Companies, Inc. (NASDAQ: KINS) reported its results for the period ended June 30, 2013. Book value per share was $4.09, a decline of $.24 from the previous quarter. Net income was $68,000, or $.02 per share, down from $560,000 and $.15 per share earned during the comparable period in 2012. Net operating (loss) income(1) for the three months ended June 30, 2013 was ($97,000), or ($.03) per share, as compared to $556,000 and $.14 per share generated during the comparable period in 2012.
Kingstone Companies Announces First Quarter Results
Business Wire - Wed May 15, 12:00PM CDT
--Annual Shareholder Meeting
A.M. Best Affirms Ratings of Kingstone Insurance Company and Kingstone Companies, Inc.
Business Wire - Wed May 15, 8:00AM CDT
A.M. Best Co. has affirmed the financial strength rating of B+ (Good) and the issuer credit rating (ICR) of "bbb-" of Kingstone Insurance Company (Kingstone) (Kingston, NY). Concurrently, A.M. Best has affirmed the ICR of "bb-" of Kingstone Companies, Inc. [NASDAQ: KINS], the publicly traded holding company of Kingstone. The outlook for all ratings is stable.
Kingstone Reports 2012 Results Annual Written Premium Increases 21% to $49.25 Million
Business Wire - Mon Apr 01, 12:00PM CDT
Kingstone Companies, Inc. (NASDAQ: KINS) reported its results of operations for the year ended December 31, 2012. Net income was $.77 million, or $.20 per share, down from the $2.50 million and $.64 per share earned for the year ended December 31, 2011. Net operating income(1) for 2012 was $577,000, or $.15 per diluted share, as compared to $2,157,000 and $.55 per diluted share generated in 2011.
