Will Volatile Interest Rates Limit CME Group's (CME) Growth?
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 9:08AM CDT
On Jun 23, 2016, we issued an updated research report on CME Group Inc. (CME).
CME: 97.10 (+0.94), CINF: 70.37 (-1.45), BATS: 25.65 (-1.07), MKL: 923.01 (-24.67)
XL Group to Change its Place of Incorporation to Bermuda
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 7:43AM CDT
XL Group plc (XL) will re-domesticate to Bermuda from Ireland as its shareholders have approved of the move.
CINF: 70.37 (-1.45), NGHC: 20.93 (-0.70), XL: 31.35 (-1.93), MKL: 923.01 (-24.67)
Chubb (CB) & its Subsidiaries See Rating Action by A.M. Best
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 7:01AM CDT
A.M. Best reiterated the financial strength rating of A++ (Superior) of most subsidiaries of Chubb Limited (CB). With this, the rating agency removed the subsidiaries from under review with negative implications.
CINF: 70.37 (-1.45), NGHC: 20.93 (-0.70), CB: 124.43 (-4.21), MKL: 923.01 (-24.67)
AmTrust Financial Units' Ratings Affirmed by A.M. Best
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 9:33AM CDT
The units of AmTrust Financial Services, Inc. (AFSI) recently received rating action from A.M. Best Company. The units, Springfield Insurance and Heritage Indemnity, were acquired by the company.
AFSI: 24.24 (-1.22), NGHC: 20.93 (-0.70), NMIH: 5.35 (-0.23), MKL: 923.01 (-24.67)
Markel (MKL) Sees Hammer Chart Pattern: Time to Buy?
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 8:02AM CDT
Markel Corp. (MKL) has been struggling lately, but the selling pressure may be coming to an end soon
MKL: 923.01 (-24.67)
AXIS Capital Ramping Up Global Business: Time to Hold?
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 8:35AM CDT
On Jun 20, 2016, we issued an updated research report on AXIS Capital Holdings Limited (AXS).
AXS: 52.64 (-1.41), NGHC: 20.93 (-0.70), Y: 528.88 (-13.71), MKL: 923.01 (-24.67)
Intercontinental Exchange to Buy Majority Stake in MERS
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 3:44PM CDT
Intercontinental Exchange, Inc. (ICE) recently entered into an agreement with MERSCORP Holdings, Inc. to acquire a majority equity position in Mortgage Electronic Registrations Systems, Inc., which is owned by the latter.
NGHC: 20.93 (-0.70), ICE: 247.50 (-8.55), NMIH: 5.35 (-0.23), MKL: 923.01 (-24.67)
AmTrust Financial (AFSI) Adds Total Program to its Portfolio
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 9:02AM CDT
AmTrust Financial Services, Inc. (AFSI) acquired Total Program Management LLC to expand its esteemed fee-based businesses.
BRO: 35.68 (-1.30), AFSI: 24.24 (-1.22), AJG: 45.42 (-2.14), MKL: 923.01 (-24.67)
Progressive (PGR) May Earnings Fall, Revenues Improve
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 8:09AM CDT
Progressive's (PGR) operating earnings for May 2016 came in at 11 cents per share, down 15.4% from 13 cents earned in the year-ago month. Increase in expenses offset revenue improvement and resulted in earnings decline.
PGR: 31.73 (-0.76), CINF: 70.37 (-1.45), NGHC: 20.93 (-0.70), MKL: 923.01 (-24.67)
Mercury General & Units Receive Rating Action from A.M. Best
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 11:16PM CDT
Mercury General Corporation (MCY) recently received rating action from A.M. Best. The rating agency revised the company's outlook to negative from stable as well as affirmed the ICR of "a-."
NGHC: 20.93 (-0.70), NMIH: 5.35 (-0.23), MCY: 51.20 (-1.17), MKL: 923.01 (-24.67)
American Financial Eyes Growth Despite Cat Loss Exposure
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 9:33AM CDT
On Jun 16, 2016, we issued an updated research report on American Financial Group Inc. (AFG).
AFG: 71.15 (-2.62), NGHC: 20.93 (-0.70), NMIH: 5.35 (-0.23), MKL: 923.01 (-24.67)
Fitch Affirms Markel Corporation's Ratings; Outlook Stable
BusinessWire - Wed Jun 15, 4:33PM CDT
Fitch Ratings has affirmed the 'A+' Insurer Financial Strength (IFS) ratings for Markel Corporation's (NYSE: MKL) principal property and casualty insurance (P/C) subsidiaries.
MKL: 923.01 (-24.67)
Brown & Brown Poised for Growth Despite Higher Expenses
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 8:20AM CDT
On Jun 10, 2016, we issued an updated research report on Brown & Brown Inc. (BRO).
BRO: 35.68 (-1.30), MKL: 923.01 (-24.67), MMC: 65.08 (-2.83)
Progressive Poised for Growth Despite High Combined Ratio
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 9:28AM CDT
On Jun 10, 2016, we issued an updated research report on Progressive Corp. (PGR).
PGR: 31.73 (-0.76), CINF: 70.37 (-1.45), NMIH: 5.35 (-0.23), MKL: 923.01 (-24.67)
Cincinnati Financial Well Poised: Is it in Your Portfolio?
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 8:13AM CDT
On Jun 9, 2016, we issued an updated research report on Cincinnati Financial Corporation (CINF).
CINF: 70.37 (-1.45), NGHC: 20.93 (-0.70), NMIH: 5.35 (-0.23), MKL: 923.01 (-24.67)
Omaha skyline gets a new brand
PR Newswire - Wed Jun 08, 11:31AM CDT
The Omaha skyline will soon be decorated with a new logo. Markel Corporation will install its corporate emblem on the north tower of Central Park Plaza, home to more than 200 employees of its specialty insurance division.
MKL: 923.01 (-24.67)
Maiden Holdings (MHLD) Offers Senior Notes Worth $110M
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 8:56AM CDT
Maiden Holdings, Ltd. (MHLD) will offer 6.625% $110 million senior notes. These notes are scheduled to mature on Jun 14, 2046.
CINF: 70.37 (-1.45), MHLD: 12.29 (-0.69), NMIH: 5.35 (-0.23), MKL: 923.01 (-24.67)
XL Group Poised for Growth Despite Exposure to Cat Losses
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 8:49AM CDT
On Jun 7, 2016, we issued an updated research report on XL Group plc (XL).
CINF: 70.37 (-1.45), NMIH: 5.35 (-0.23), XL: 31.36 (-1.92), MKL: 923.01 (-24.67)
Stephen Leeret joins Markel Specialty as head of its programs business
PR Newswire - Tue Jun 07, 2:29PM CDT
Markel Specialty, a division of Markel Corporation (NYSE: MKL), announced today that Stephen Leeret has joined the company and will be leading its delegated authority programs business. Leeret, an insurance executive with 26 years of experience, was previously employed by Lexington Insurance Company, an AIG company.
MKL: 923.01 (-24.67)
Cincinnati Financial (CINF) Hits 52-Week High on Strong Q1
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 7:19AM CDT
On Jun 6, 2016, shares of Cincinnati Financial Corp. (CINF) hit a 52-week high of $69.81, driven by better-than-expected first-quarter 2016 results.
CINF: 70.37 (-1.45), NGHC: 20.93 (-0.70), MKL: 923.01 (-24.67), MCO: 93.84 (-7.86)