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Stock Market & Financial Investment News

News Breaks
January 21, 2014
07:48 EDTAFSI, TWGPAmTrust receives regulatory approval to provide cut-through agreement for Tower
AmTrust Financial (AFSI) announced the receipt of regulatory approval to complete an agreement between a subsidiary of the company and several Tower Group International (TWGP) subsidiaries to enter into a 100% quota share reinsurance agreement and provide a cut-through endorsement to at least 60% of Tower's in force Commercial Lines policies and on most new and renewal Commercial Lines Business. AmTrust has agreed to accept 65%-70% of unearned premium with respect to in-force Commercial Lines policies. The agreement is effective as of January 1, for losses occurring on or after January 1. The company will pay a 20% ceding commission to Tower on all Tower premium subject to the Cut Through Reinsurance Agreement.
News For AFSI;TWGP From The Last 14 Days
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October 31, 2014
12:25 EDTAFSIOptions with increasing implied volatility
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11:40 EDTAFSIAmTrust severs agreement with Trust Risk, Insurance Insider reports
AmTrust seeks to end its relationship with Trust Risk Group, the distributor for its $500M Italian medical malpractice business, Insurance Insider reports. Trust Risk plans on suing AmTrust in the Milan for the $629M in earnings it expects to lose over the 11 remaining years of the agreement, Insurance Insider adds. Reference Link
October 30, 2014
10:55 EDTAFSIOptions with increasing implied volatility: ARCP CZR AFSI BYI
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October 29, 2014
10:46 EDTAFSIAmTrust Financial drops 9% after cautious Seeking Alpha article
Shares of AmTrust Financial after down 8% after Seeking Alpha contributor Gotham Investing said the company "exhibits all the traits of prior P&C insurance blow-ups." Gotham put a $0 price target on shares. The stock is down $4.69 to $48.34 in morning trading. Reference Link
10:43 EDTAFSIAmTrust Financial mentioned cautiously by Seeking Alpha contributor
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10:00 EDTAFSIOn The Fly: Analyst Downgrade Summary
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06:30 EDTAFSIAmTrust Financial downgraded to Neutral from Buy at Compass Point
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October 22, 2014
08:53 EDTAFSIAmTrust Financial momentum should continue after results, says SunTrust
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05:52 EDTAFSIStocks with implied volatility movement; AFSI DOW
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October 20, 2014
08:36 EDTAFSIAmTrust Financial valuation compelling at current levels, says FBR Capital
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