New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 13, 2013
05:55 EDTNATL, NATL, TRV, TRV, Y, Y, VR, VR, AHL, AHL, AFL, AFL, XL, XL, AXS, AXS, PL, PL, RNR, RNR, MET, MET, ALL, ALLBofA/Merrill to host a conference
2013 Insurance Conference is being held in New York on February 13-14.
Sign up for a free trial to see the rest of the stories you've been missing.
November 25, 2015
16:52 EDTVRValidus to purchase WRM America Indemnity from Aquiline
Subscribe for More Information
November 19, 2015
17:31 EDTALLAllstate adopts proxy access bylaw amendments
Allstate announced that its board has adopted amendments to the company's bylaws providing "proxy access" shareholder rights. "Allstate's board is committed to strong corporate governance and creating value for our shareholders," said Thomas Wilson, chairman and CEO. "Our board proactively adopted proxy access as part of our ongoing commitment to governance best practices that include dialogue, transparency and responsiveness to shareholder views." The bylaw amendments will allow holders of at least 3 percent of Allstate's outstanding common shares, who have held the shares continuously for at least three years, to submit eligible director candidates for up to 20 percent of the board. Up to 20 shareholders may aggregate their shares to reach the 3 percent ownership threshold. Proxy access rights will first be available to shareholders in connection with Allstate's 2017 annual shareholders meeting.
08:19 EDTALLAllstate reports October catastrophe loss estimate of $172M pre-tax
Subscribe for More Information
November 18, 2015
07:01 EDTMETMetLife says will support Trans-Pacific Partnership
Steven A. Kandarian, chairman, president and CEO of MetLife, issued the following statement on the Trans-Pacific Partnership, a free trade agreement among 12 nations of the Pacific Rim. "After analyzing the text of the TPP, MetLife will support the agreement and seek congressional support for its ratification. As one of the largest life insurers in the world with operations in nearly 50 countries, MetLife has four key priorities in assessing any trade deal: improved market access, a level competitive playing field, ease of cross-border data flows, and regulatory transparency. The TPP makes meaningful progress on all of them. We are confident that ratification of the TPP will lead to faster economic growth, greater choice and lower costs for consumers in the markets where we do business, and more high-paying jobs in the U.S. The agreement is not perfect - no trade deal is - but on balance the TPP represents a significant step in the right direction and deserves to be ratified."
November 16, 2015
08:01 EDTRNRRenaissanceRe names Gibbons non-executive chair of the board
RenaissanceRe announced that James Gibbons, who has been a member of the Board since 2008 and Chair of the Audit Committee since 2013, will become the Non-Executive Chair of the Board of Directors following the company's Annual General Meeting of Shareholders in May 2016. Ralph B. Levy, who has been a member of the Board since 2007 and Non-Executive Chair since 2011, will transition the role to Gibbons, and will continue to serve as a director of the company, subject to his reelection at the 2016 Annual Meeting.
November 13, 2015
16:40 EDTALLAppaloosa gives quarterly update on stakes
Subscribe for More Information
16:22 EDTRNRRenaissanceRe increases share repurchase program to $500M
The Board of Directors of RenaissanceRe Holdings announced a quarterly dividend of $0.30 per common share on its common stock. The dividend is payable on December 31, 2015 to shareholders of record on December 15, 2015. In addition, the Board of Directors approved an increase in RenaissanceRe's share repurchase program, bringing the total current authorization to $500M. This authorization includes the remaining amounts available under prior authorizations. Under this program, RenaissanceRe may repurchase shares of its common stock in the open market based on, among other things, its ongoing capital requirements and expected cash flows, and the market price of its common shares. The repurchase program does not have an established expiration date.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use