thamerpic After the Q1 release, we are back to comment on Zurich Insurance Group (OTCQX:ZURVY). For our new readers, the company is a one-stop shop for insurance solutions, including P&C, Life, and pensions products. Zurich was founded in 1872 and operates in more than 210 countries, with significant exposure to the North American market with…
Zurich Insurance Group AG (OTCQX:ZURVY) Q1 2024 Results Conference Call May 16, 2024 7:00 AM ET Company Participants Jon Hocking – Head, IRMario Greco – CEOClaudia Cordioli – CFO Conference Call Participants Andrew Sinclair – Bank of AmericaPeter Eliot – Kepler CheuvreuxWill Hardcastle – UBSJames Shuck – CitiMichael Huttner – BerenbergVinit Malhotra – MediobancaWilliam Hawkins…
pawel.gaul Dear readers/followers, It’s time for me to update my thesis on Zurich Insurance Group (OTCQX:ZURVY) (OTCQX:ZFSVF), one of the largest insurance businesses in all of Switzerland that’s quite full-service (meaning it does P&C, L&H, and both Commercial and personal lines). Despite what you may believe, it was once at a great valuation and allowed…
Hamilton Insurance Group, Ltd. (NYSE:HG) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants John Levenson – Group Treasurer and Head of Investor RelationsPina Albo – Chief Executive OfficerCraig Howie – Group Chief Financial Officer Conference Call Participants Elyse Greenspan – Wells Fargo SecuritiesThomas McJoynt – Keefe, Bruyette & WoodsMatthew Carletti…
djgunner Brown & Brown Insurance (NYSE:BRO), despite its ticker, was founded by a father-son team, which the Brown family continue to lead, with attractive returns for shareholders. Total Returns Last 10Y (Seeking Alpha) One can’t help but wonder what their secret sauce is. I decided to take a look, and from what I can tell,…
Ping An Insurance (Group) Company of China Ltd (OTCPK:PNGAY) Q4 2023 Results Conference Call March 21, 2024 11:45 PM ET Company Participants Richard Sheng – Board Secretary of the CompanyXin Fu – Senior VP & Director of the Group’s Strategic Development CenterRuisheng Sheng – Company Secretary, Board Secretary & Brand DirectorYonglin Xie – Co-CEO, President…
American Coastal Insurance Corporation (NASDAQ:ACIC) Q4 2023 Earnings Conference Call February 29, 2024 5:00 PM ET Company Participants Karin Daly – IR Daniel Peed – Chairman of the Board and CEO Bennett Bradford Martz – President Conference Call Participants Greg Peters – Raymond James Aryan Gupta – Eagle Eye Asset Private Limited Bill Dezellem –…
akinbostanci Long ago, Warren Buffett made me enthusiastic about the insurance industry and it has remained my biggest allocation. Insurance companies are not popular on SA except for Berkshire Hathaway (BRK.A) (BRK.B). They appear boring to many readers, one can hardly expect fireworks from them, and accounting is a must to understand an insurer. But…
Andy Feng Elevator Pitch Ping An Insurance (Group) Company of China, Ltd. (OTCPK:PNGAY) [2318:HK] is still rated as a Hold. In my November 11, 2023 initiation article, I drew attention to Ping An Insurance’s risk factors for the near term and the company’s growth potential in the long run. In this latest write-up, I come…
jetcityimage Well recognized for its charming mascot, Flo, Progressive Corporation (NYSE:PGR) is one of the largest insurance companies in the world by market cap, sitting narrowly under $100 billion as I write this. Curiously, the stock is at its all-time high, with a P/E like a tech company. While many other companies’ shares slumped in…
veeranggull orachon Intro We wrote about American Coastal Insurance Corporation (NASDAQ:ACIC) in September of 2023 after the company’s second-quarter earnings. In that particular report, we witnessed a strong underwriting performance which led to gross premiums of approximately $158 million. This impressive top-line number (buoyed by ever-improving underwriting in the commercial lines) was sufficient to compensate…
thodonal/iStock via Getty Images Thesis W. R. Berkley’s (NYSE:WRB) core focus on strong underwriting practices and effective management of social inflation risks positions it as a strong player in the insurance industry. Together with its sensible financial management and favorable response to interest rate environments, the company stands well-appointed to navigate market challenges and sustain…
Poca Wander Stock Thesis Ryan Specialty (NYSE:RYAN), with its dynamic approach in the specialty insurance market, is carving a unique niche through strategic acquisitions and a focus on complex risk solutions. The company’s agility in adapting to evolving market demands and its strategic M&A moves position it strongly for sustained growth in a competitive industry….
MichaelSvoboda/E+ via Getty Images Introduction Roadzen, Inc. (NASDAQ:RDZN) is an insurance technology (insurtech) firm that focuses on providing next-generation solutions for vehicle insurance and automotive companies. Roadzen integrates technologies including artificial intelligence and data analytics into auto insurance and vehicle safety services. Roadzen’s product suite helps insurance companies and automotive companies interact with customers in…
Aoraee/iStock via Getty Images Introduction Coface (OTC:COFAF) is an insurance and reinsurance company focusing on an underappreciated and undercovered segment of the insurance market: trade credit insurance. Approximately 90% of the company’s business consists of these types of credit insurance, and the principle is very simple. A company can protect itself against a default or…
thamerpic We participated in the Zurich Insurance Group Investor Day in London two weeks ago. Also, following the company’s Q3 results (OTCQX: ZURVY), we decided to update our long-term readers. The company released its quarterly financial release, providing a concise update on the last three months’ development. In contrast, in the Investor Day presentation, the…
Fidelis Insurance Holdings Limited (NYSE:FIHL) Q3 2023 Earnings Call Transcript November 21, 2023 8:00 AM ET Company Participants Jillian Benson – Group Head of Reporting Daniel Burrows – Chief Executive Officer Richard Brindle – CEO and Chairman of Fidelis MGU Allan Decleir – Chief Financial Officer Conference Call Participants Matt Carletti – JMP Meyer Shields…
Poca Wander Stock Executive Summary I recently written an article on Mercury General (MCY), a publicly listed insurance company that had to trim its dividend in 2022 to uphold financial solvency, consequently losing its dividend aristocrat status. Several months ago, I conducted a comparison between Safety Insurance (NASDAQ:SAFT) Group and Mercury, deeming the former as…
redtea/iStock via Getty Images Introduction Great-West Lifeco Inc. (TSX:GWO:CA) (OTCPK:GWLIF) is one of Canada’s largest financial services companies. It has a strong focus on health insurance, life insurance, and an increasing focus on retirement and investment services. The company should be seen as a crossover between an insurance company and an asset manager as it…
AnchorWatch, a leading insurer specializing in safeguarding Bitcoin holdings for commercial entities, announced a successful $3 million funding round today. The round was led by Ten31, with notable participation from Axiom BTC, Bitcoin Magazine Fund, Timechain, Bitcoin Opportunity Fund, and other investors. The infusion of capital will empower AnchorWatch to fulfill regulatory requirements and capital needs,…
SARINYAPINNGAM A Quick Take On EverQuote EverQuote, Inc. (NASDAQ:EVER) provides online consumer insurance shopping and lead generation for insurance carriers and agents. I previously wrote about EVER with a Buy outlook, before management’s surprise announcement it was exiting the health insurance business segment. Given materially declining revenue and management’s assumption of a “lower for longer”…
American International Group, Inc. (NYSE:AIG) 2023 Keefe, Bruyette & Woods Insurance Conference September 6, 2023 4:20 PM ET Company Participants Peter Zaffino – CEO Sabra Purtill – CFO Conference Call Participants Meyer Shields – KBW Meyer Shieldsa Okay. We hopefully have a lot of information to get to you. So, we’re going to get started…
Ping An Insurance Group Co of China Ltd (OTCPK:PNGAY) Q2 2023 Earnings Conference Call August 29, 2023 11:45 PM ET Company Participants Ruisheng Sheng – Board Secretary Gareth Hewett – Head of International Public Relations and ESG Fu Xin – Chief Operating Officer Jessica Tan – Executive Director, Co-CEO & EVP Zhang Zhichun – Group…
The Indian billionaire highlighted during Reliance’s annual general meeting that JFS intends to further widen its financial services with global partners including Blackrock. Jio Financial Services Ltd (India, Bombay: 543940), a subsidiary of Mukesh Ambani-run Indian conglomerate Reliance Industries Ltd (India, Bombay: 500325), is officially expected to enter the merchant lending and insurance industries. The…
SbytovaMN/iStock via Getty Images Trupanion’s (NASDAQ:TRUP) stock has been beaten down over the past few months. In my humble opinion, this makes the current stock price attractive from a valuation perspective if you view the company as a “growth” story. The company isn’t profitable yet but is in the process of scaling its business. In…
Goosehead Insurance, Inc. (NASDAQ:GSHD) Q2 2023 Earnings Conference Call July 26, 2023 4:30 PM ET Corporate Participants Dan Farrell – Vice President, Capital Markets Mark Jones – Chairman and Chief Executive Officer Mark Miller – President and Chief Operating Officer Mark Jones Jr. – Chief Financial Officer Conference Call Participants Matt Carletti – JMP Michael…