(Hong Kong, Shanghai, 15 November 2022) – The financial sector has profitable opportunities in financing climate change, says Jonathan Larsen, Chief Innovation Officer of Ping An Insurance (Group) Company of China, Ltd. (“Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that it has been rated A in the Morgan Stanley Capital Investment’s (MSCI) 2022 ESG … Read more
The following discussion of the results of operations and financial condition should be read in conjunction with our unaudited condensed consolidated financial statements and notes thereto included in Item 1 of this part. This report, including the information incorporated by reference, contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. … Read more
We offer property and casualty insurance products to individuals through our wholly owned subsidiary, Kingstone Insurance Company (“KICO”). KICO’s insureds are located primarily in downstate New York, consisting of New York City, Long Island and Westchester County, although we are actively writing business in New Jersey, Rhode Island, Connecticut and Massachusetts. We are licensed in … Read more
This final result reflects a growth in all of Suramericana’s segments as well as SURA Asset Management’s expense controls and the amount of revenues obtained via the equity method from associates related to Grupo SURA’s investment portfolio. Revenues rose by 22%, or COP 4.1 trillion more than in the first nine months of 2021. Grupo … Read more
The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our Unaudited Consolidated Financial Statements and related notes appearing elsewhere in this Form 10-Q, as well as with the Consolidated Financial Statements and related footnotes under Part II. Item 8 of our Annual Report on Form … Read more
You should read the following discussion in conjunction with our condensed consolidated financial statements and related notes and other information included elsewhere in this Quarterly Report on Form 10-Q and in our Annual Report on Form 10-K for the year ended December 31, 2021 (“2021 Form 10-K”). Unless the context requires otherwise, as used in … Read more
US-based Warburg Pincus plans to set up a digital general insurance company Oona Insurance (Oona) with an initial investment of $350 million, as part of a strategy to expand into digital insurance in Southeast Asia. The investment, which marks the biggest seed funding in an online insurance platform in the region, will further expand Warburg … Read more
Increasing competition in the banking, financial services and insurance (BFSI) industry is driving enterprises to improve customer engagement and experience, say experts with Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, appearing at an upcoming ISG event. The ISG TechXchange: Banking, Financial Service and Insurance event, November 15 at … Read more
UNDERSTORY AND SKYWARD SPECIALTY LAUNCH REVOLUTIONARY INSURANCE CAPTIVE SOLUTION FOR THE AUTOMOTIVE DEALER MARKET Madison, WI and Houston, TX (November 09, 2022) – Understory Inc. (“Understory”), a leading provider of innovative insurance solutions for climate risk, and Skyward Specialty Insurance Group Inc.TM (“Skyward Specialty”), a leader in the specialty property and casualty (P&C) market, have … Read more
The appointment underscores the firm’s commitment to meet the growing interest of institutional insurance providers in bolstering their portfolios through broadened exposure to the private markets. CONSHOCKEN, Pa., Nov. 7, 2022 /PRNewswire/ — Hamilton Lane (NASDAQ: HLNE) today announced that Ryan Jaggers has joined the firm as Managing Director, Head of Insurance Solutions. In this … Read more