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Stock Market & Financial Investment News

News Breaks
January 3, 2014
07:46 EDTAFSIAmTrust Financial acquires The Insco Dico Group for 88.7M
AmTrust Financial announced that it has received final regulatory approval and completed the acquisition of The Insco Dico. The $88.7M purchase price is approximately $7M above Insco Dico's tangible book value as of December 31, 2013. The transaction was funded with existing working capital. Insco Dico's subsidiaries include Developers Surety and Indemnity Company and Indemnity Company of California. In 2013, Insco Dico generated approximately $52.0 million in insurance premium.
News For AFSI From The Last 14 Days
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February 10, 2016
07:05 EDTAFSIAmTrust reports Q4 operating EPS 72c, consensus 67c
Reports Q4 revenue $1.21B, consensus $1.05B. Reports Q4 net written premium $1.07B. Reports Q4 gross written premium $1.61B.
February 9, 2016
07:11 EDTAFSIBofa/Merrill to hold a conference
2016 Insurance Conference is being held in New York on February 9-11.

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