Europe: A Filter For 17 Interesting Stocks
Daniel Gilcher - at Seeking Alpha - Thu Jan 15, 12:41AM CST
OIBR: 2.49 (+0.34), FLY: 13.97 (+0.11), SDLP: 15.92 (+0.61), HSBC: 46.13 (-0.01), GASS: 5.92 (+0.16), AWH: 40.50 (-0.19), GLBS: 1.70 (+0.17), PT: 0.83 (+0.04), PACD: 3.76 (+0.16), ESV: 30.03 (+0.41), TX: 18.35 (+0.53), TRIB: 17.30 (-0.12), TEU: 0.87 (+0.03), ING: 14.03 (+0.28), BP: 41.93 (+0.59), GBLI: 27.29 (+0.31), SB: 3.60 (-0.01), NE: 18.54 (+0.30)
Global Indemnity Completes Buy, Acquiree's Rating Affirmed - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jan 13, 5:25PM CST
Global Indemnity Group, Inc., a subsidiary of Global Indemnity plc (GBLI), recently acquired American Reliable Insurance Company.
AIZ: 61.44 (-4.98), ALL: 71.46 (-0.11), GBLI: 27.29 (+0.31), WRB: 50.27 (+0.08)
A.M. Best Revises Issuer Credit Rating Outlook to Stable for American Reliable Insurance Company; Affirms Ratings
Business Wire - Mon Jan 12, 3:02PM CST
A.M. Best has revised the outlook to stable from positive and affirmed the issuer credit rating (ICR) of "a" for American Reliable Insurance Company (American Reliable) (Scottsdale, AZ), upon its acquisition by Global Indemnity Group, Inc. (Global Indemnity), a subsidiary of Global Indemnity plc (Ireland) [NASDAQ:GBLI]. A.M. Best also has affirmed the financial strength rating (FSR) of A (Excellent). The outlook for the FSR of American Reliable remains stable. Management states that American Reliable will become a participant of the existing pooling agreement among Global Indemnity's U.S. subsidiaries, of which each currently has an FSR of A (Excellent) and an ICR of "a" with a stable outlook. For this reason, A.M. Best revised the outlook to stable from positive.
GBLI: 27.29 (+0.31)
Global Indemnity at 52-Week High on Insurance Unit Buyout - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jan 07, 11:50AM CST
The shares of Global Indemnity plc (GBLI) scaled a 52-week high of $29.93 on Jan 6, 2015.
AXS: 51.86 (+0.02), AIZ: 61.44 (-4.98), RNR: 103.80 (-0.64), GBLI: 27.29 (+0.31)
Assurant: Restructuring Specialty Property with Unit Sale - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jan 06, 2:50PM CST
Assurant (AIZ) has been working consistently to realign its Specialty Property business by shedding and adding business.
RDN: 16.10 (-0.43), AIZ: 61.44 (-4.98), CNO: 17.02 (+0.03), GBLI: 27.29 (+0.31)
Global Indemnity Purchases American Reliable Insurance Company
PR Newswire Europe - Mon Jan 05, 7:01AM CST
Global Indemnity plc's U.S. affiliate today announced that it has completed its previously announced agreement to purchase American Reliable Insurance Company from Assurant, Inc. having satisfied all closing conditions. In a transaction with an enterprise value of approximately $394,000,000, Global Indemnity's U.S. division paid approximately $114 million in cash to Assurant at closing and assumed approximately $280,000,000 in customary insurance related liabilities, obligations, and mandates. American Reliable, with facilities in Scottsdale, Arizona, and Omaha, Nebraska, writes specialty personal lines and agricultural property and casualty insurance, in each case distributed through a network of general and independent agents.
AIZ: 61.44 (-4.98), GBLI: 27.29 (+0.31)
Assurant Inc. (AIZ) Sees Growth from Diversified Segments - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Dec 26, 4:50PM CST
Assurant (AIZ) derives revenues from diversified segments: solutions, specialty property, health, and employee benefits.
FFG: 58.39 (+0.25), AIZ: 61.44 (-4.98), CNO: 17.02 (+0.03), GBLI: 27.29 (+0.31)
Global Indemnity Agrees To Purchase American Reliable Insurance Company
PR Newswire Europe - Wed Nov 26, 2:43PM CST
Global Indemnity plc's U.S. affiliate agreed to purchase American Reliable Insurance Company from Assurant, Inc. . In a transaction with an enterprise value of approximately $394,000,000, Global Indemnity's U.S. division will pay approximately $114,000,000 in cash to Assurant at closing (which could be increased to approximately $120 million to account for net earnings between June 30, 2014 and the closing) and assume approximately $280,000,000 in customary insurance related liabilities, obligations, and mandates. American Reliable, with facilities in Scottsdale, Arizona, and Omaha, Nebraska, writes specialty personal lines and agricultural property and casualty insurance, in each case distributed through a network of general and independent agents.
AIZ: 61.44 (-4.98), GBLI: 27.29 (+0.31)
Global Indemnity (GBLI) Downgraded From Buy to Hold
at The Street - Wed Nov 05, 8:24AM CST
Global Indemnity (GBLI) has been downgraded by TheStreet Ratings from Buy to Hold with a ratings score of C.
GBLI: 27.29 (+0.31)
Global Indemnity posts 3Q profit
Automated Insights - Tue Nov 04, 4:03AM CST
DUBLIN 1, Ireland (AP) _ Global Indemnity PLC (GBLI) on Tuesday reported profit of $9.8 million in its third quarter.
GBLI: 27.29 (+0.31)
Global Indemnity EPS of $0.39
Seeking Alpha - at Seeking Alpha - Mon Nov 03, 5:07PM CST
GBLI: 27.29 (+0.31)
Global Indemnity plc Reports Third Quarter 2014 Financial Results
PR Newswire - Mon Nov 03, 5:01PM CST
Global Indemnity plc (NASDAQ:GBLI) today reported net income for the three months ended September 30, 2014 of $9.8 million or $.39 per share compared to net income of $6.9 million or $0.28 per share at September 30, 2013. Net income for the nine months ended September 30, 2014 was $51.8 million or $2.05 per share compared to net income of $28.0 million or $1.11 per share at September 30, 2013. As of September 30th, book value per share was $35.47, an increase of 0.1% compared to book value per share of $35.43 at June 30th, 2014, and an increase of 2.4% compared to book value per share of $34.65 at December 31, 2013.
AIZ: 61.44 (-4.98), JPM: 59.67 (+0.10), GBLI: 27.29 (+0.31)
A.M. Best Comments on the Ratings of American Reliable Insurance CompanyFollowing Acquisition Announcement
Business Wire - Mon Oct 27, 12:24PM CDT
A.M. Best has commented that the financial strength rating (FSR) of A (Excellent) and the issuer credit rating (ICR) of "a" of American Reliable Insurance Company (American Reliable) (Scottsdale, AZ) are unchanged following the announcement that Global Indemnity Group, Inc. (Global Indemnity), a subsidiary of Global Indemnity plc (Ireland) [NASDAQ:GBLI], has agreed to acquire American Reliable, a subsidiary of Assurant, Inc. (Assurant) (headquartered in New York) [NYSE:AIZ]. However, as discussed in detail below, the rating outlook for the ICR, which is currently positive for American Reliable, will likely be revised to stable following the completion of A.M. Best's evaluation of the transaction after its close.
AIZ: 61.44 (-4.98), GBLI: 27.29 (+0.31)
A.M. Best Comments on Ratings of Global Indemnity Reinsurance Company, Ltd. Following Acquisition Deal With Assurant, Inc.
Business Wire - Mon Oct 27, 12:22PM CDT
A.M. Best has commented that the financial strength rating of A (Excellent) and the issuer credit ratings of "a" of Global Indemnity Reinsurance Company, Ltd. (Global Indemnity Re) (Hamilton, Bermuda) and its U.S. subsidiaries are unchanged following Global Indemnity Group, Inc.'s (Global Indemnity) recent announcement of its pending acquisition of American Reliable Insurance Company (ARIC) (Scottsdale, AZ) from its parent, Assurant, Inc. (NYSE:AIZ). Global Indemnity is a subsidiary of Global Indemnity plc (Ireland) [NASDAQ:GBLI]. The outlook for all ratings is stable.
AIZ: 61.44 (-4.98), GBLI: 27.29 (+0.31)
Assurant Continues to Realign Specialty Property Business - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 17, 4:45PM CDT
Assurant (AIZ) is adding and deleting business in its Specialty Property division as a strategy for long-term growth.
AIZ: 61.44 (-4.98), HMN: 31.40 (-0.11), AIG: 53.96 (+1.51), GBLI: 27.29 (+0.31)
Assurant selling insurance unit to Global Indemnity for $394M
Seeking Alpha - at Seeking Alpha - Thu Oct 16, 5:36PM CDT
AIZ: 61.44 (-4.98), GBLI: 27.29 (+0.31)
Assurant Agrees to Sell American Reliable Insurance Company to Global Indemnity for $114 Million
Business Wire - Thu Oct 16, 5:20PM CDT
Assurant Specialty Property, a business segment of Assurant, Inc. (NYSE:AIZ), today announced an agreement to sell its general agency business and associated insurance carrier, American Reliable Insurance Company, to Global Indemnity Group, Inc., a subsidiary of Global Indemnity plc, for approximately $114 million in cash.
AIZ: 61.44 (-4.98), GBLI: 27.29 (+0.31)
Blue Capital (BCRH) Down to Strong Sell on Lower Estimates - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 09, 4:55PM CDT
On Sep 9, 2014, Zacks Investment Research downgraded Blue Capital Reinsurance Holdings Ltd. (BCRH) by a notch to a Zacks Rank #5 (Strong Sell).
BCRH: 18.08 (+0.46), MCY: 53.93 (+0.05), ENH: 64.63 (+0.15), GBLI: 27.29 (+0.31)