Summary Employers Holdings Inc - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Employers Holdings Inc (EHI) is a holding company with subsidiaries that specialize in providing workers' compensation insurance and services. The company's primary focus is on small and select b...
Summary ICW Group - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights ICW Group (ICW), is primarily engaged in the provision of insurance services. The company's main activities include underwriting and risk management, with a focus on workers' compensation and earthquake insur...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Capital Continues to Flow Into LMIs Through April and May we have seen three more listed managed investment vehicles (LMIs) start trading on the ASX including two fixed income focused listed investment trusts (LITs), Perpetual Credit Income Trust (ASX:PCI) and MCP Wholesale Income Opportunities Trust (ASX:MOT). Refer to our LMI Monthly Update of 18 March 2019 for more details on these LITs. Pengana Private Equity Trust (ASX:PE1) units listed in April after it raised $205m, at the lower end of i...
AmTrust Go-Private Transaction Completed NEW YORK, Nov. 29, 2018 (GLOBE NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq: AFSI) (“AmTrust” or the “Company”) today announced the completion of the merger transaction in which Evergreen Parent, L.P., an entity formed by private equity funds managed by Stone Point Capital LLC ("Stone Point"), together with Barry Zyskind, Chairman and CEO of AmTrust, George Karfunkel and Leah Karfunkel (collectively, the "Karfunkel-Zyskind Family"), has acquired the approximately 45% of the Company’s issued and outstanding common shares that the Karfunkel-...
AmTrust Go-Private Transaction Receives Regulatory Approval Transaction Expected to Close on November 29 NEW YORK, Nov. 27, 2018 (GLOBE NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq: AFSI) (“AmTrust” or the “Company”) today announced that it has obtained all regulatory approvals required to complete the merger transaction in which Evergreen Parent, L.P., an entity formed by private equity funds managed by Stone Point Capital LLC, together with Barry Zyskind, Chairman and CEO of AmTrust, George Karfunkel and Leah Karfunkel (collectively, the "Karfunkel-Zyskind Family"), will acqu...
AMTRUST FINL.SVS.INCO. (US), a company active in the Property & Casualty Insurance industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 3 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date November 13, 201...
AmTrust Financial Services, Inc. Announces Quarterly Cash Dividends on Preferred Stock NEW YORK, Nov. 06, 2018 (GLOBE NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq: AFSI) (“AmTrust”) announced today that its Board of Directors approved a cash dividend per share on the following series of non-cumulative preferred stock: SeriesRateDividendA6.750%$0.421875B7.250%$0.453125C7.625%$0.476563D7.500%$0.468750E7.750%$0.484375F6.950%$0.434375 The preferred dividends will be payable December 17, 2018 to stockholders of record on December 1, 2018. About AmTrust Financial Services, Inc. AmTru...
AmTrust Financial Services, Inc. Announces Quarterly Cash Dividends on Preferred Stock NEW YORK , Aug. 08, 2018 (GLOBE NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq: AFSI) (“AmTrust”) announced today that its Board of Directors approved a cash dividend per share on the following series of non-cumulative preferred stock: SeriesRateDividendA6.750%$0.421875B7.250%$0.453125C7.625%$0.476563D7.500%$0.468750E7.750%$0.484375F6.950%$0.434375 The preferred dividends will be payable September 17, 2018 to stockholders of record on September 1, 2018. About AmTrust Financial Services, Inc. Am...
A.M. Best Assigns “A-” (Excellent) Rating and Stable Outlook to Insurance Subsidiaries of AmTrust Financial Services, Inc. A.M. Best categorizes AmTrust’s balance sheet as “very strong” Karfunkel-Zyskind Family and Stone Point Capital remain committed to going private transaction AmTrust well-capitalized, stable, and positioned for long term NEW YORK, July 03, 2018 (GLOBE NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq:AFSI) (“AmTrust” or the “Company”) announced today that A.M. Best has removed AmTrust’s rating from under review with negative implications, and assigned AmTru...
AmTrust Stockholders Approve Amended Merger Transaction AmTrust Stockholders to Receive $14.75 Per Share in Cash Transaction Expected to Close in Second Half of 2018 NEW YORK, June 21, 2018 (GLOBE NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq:AFSI) ("AmTrust" or the "Company") announced today that, based on a certified vote tally from the Special Meeting held today, AmTrust stockholders have approved the proposed amended merger transaction in which Evergreen Parent, L.P., an entity formed by private equity funds managed by Stone Point Capital LLC ("Stone Point"), together with B...
Leading Proxy Advisory Firm ISS Recommends AmTrust Stockholders Vote “FOR” Amended Merger Agreement with Evergreen Parent NEW YORK, June 11, 2018 (GLOBE NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq:AFSI) (the "Company" or "AmTrust") today announced that leading independent proxy advisory firm Institutional Shareholder Services, Inc. (“ISS”) has recommended that AmTrust stockholders vote “FOR” the Company’s amended merger agreement with Evergreen Parent, L.P., an entity formed by the Karfunkel-Zyskind Family and private equity funds managed by Stone Point Capital LLC (“Stone Point...
AmTrust Financial Services, Inc. Appoints J. Daniel Hickey Group Chief Underwriting Officer NEW YORK, June 11, 2018 (GLOBE NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq:AFSI) (the “Company” or “AmTrust”) today announced that J. Daniel Hickey has taken on the role of Group Chief Underwriting Officer. Mr. Hickey joined AmTrust in July 2017 as Executive Vice President, Business Strategy and Business Development. Over the past year, Mr. Hickey has overseen the Company’s business strategy planning function, and been responsible for AmTrust’s business development, identifying and manag...
AmTrust Enters into Amendment to Merger Agreement with Evergreen Parent Amended Merger Agreement Increases Purchase Price by $1.25 per share, or 9.3%, to $14.75 Per Share in Cash Transaction Represents a Premium of Approximately 45% to AmTrust’s Unaffected Closing Common Stock Price on January 9, 2018 AmTrust Special Committee Recommends Stockholders Vote “FOR” Transaction at June 21 Special Meeting Icahn Group Agrees to Support Amended Merger Agreement NEW YORK, June 07, 2018 (GLOBE NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq:AFSI) (the "Company" or "AmTrust") announced to...
AmTrust Announces Intention to Adjourn Special Meeting of Stockholders to June 21, 2018 NEW YORK, June 04, 2018 (GLOBE NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq:AFSI) (the "Company" or "AmTrust") today announced that it intends to adjourn to June 21, 2018, the Special Meeting to be held to approve the adoption of the merger agreement between the Company and Evergreen Parent, L.P., an entity formed by the Karfunkel-Zyskind Family and private equity funds managed by Stone Point Capital LLC. Based on a preliminary assessment of votes received by the Company’s proxy solicitor, it...
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.: Do you own shares of AmTrust Financial Services, Inc. (NASDAQ GS: AFSI)? Did you purchase any of your shares prior to March 1, 2018? Do you think the proposed buyout is fair? Do you want to discuss your rights? Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of AmTrust Financial Services, Inc. (“AmTrust” or the “Company”) (NASDA...
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best has commented that the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” of AmTrust Financial Services, Inc. (AFSI) [NASDAQ: AFSI] (headquartered in New York, NY) and all associated Long-Term Issue Credit Ratings and indicative Long-Term Issue Credit Ratings, as well as the Long-Term ICRs and Financial Strength Ratings of its operating subsidiaries are unchanged by recent announcements regarding the closing of the sale of a 51% interest in a portion of AFSI’s U.S.-based fee businesses; ...
NEW YORK--(BUSINESS WIRE)-- Roy Jacobs & Associates announces that it is investigating possible claims involving the rights of AFSI preferred stockholders, Series A through F (AFSI and AFSI-PA, AFSI-PB, AFSI-PC, AFSI-PD, AFSI-PE and AFSI-PF at Yahoo Finance). If you are a holder of AFSI Preferred stock, and desire further information, please contact Roy L. Jacobs, Esq. toll-free at 1-888-884-4490 or by e-mail to [email protected]. AmTrust Financial Services, Inc. (Nasdaq: AFSI) (the "Company" or "AmTr...
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best has commented that the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” of AmTrust Financial Services, Inc. (AFSI) [NASDAQ:AFSI] (headquartered in New York, NY) and all associated Long-Term Issue Credit Ratings and indicative Long-Term Issue Credit Ratings, as well as the Long-Term ICRs and Financial Strength Ratings of its operating subsidiaries are unchanged by the announcement today that private equity funds managed by Stone Point Capital LLC and members of the Karfunkel and Zyskind...
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