AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of Preferra ...

AngioDynamics' loss narrowed in its latest quarter as a sharp reduction in total operating expenses helped the bottom line improve. The medical-device maker recorded a loss of $4.4 million, or 11 ...

As China’s largest nonlife insurer, majority state-owned PICC P&C boasts first-mover advantage in major P&C insurance products, thanks to its extensive rural network and strong government support.

We believe PICC Group is in a solid capital position. The company recorded strong equity returns averaging 11% over the past five years. Its equity/asset ratio remained largely stable at around 16% ...

TROY, Mich., March 28, 2025 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) (“Conifer” or the “Company”) today announced results for the fourth quarter and year ended December 31, 2024.

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the ...

Nimir Industrial Chemicals Limited (PSX: NICL) was incorporated in Pakistan in 1994 as Ravi Alkalis Limited and ...

BEIJING, CN / ACCESS Newswire / March 23, 2025 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX: 386; SSE: 600028) today announced its annual results for the twelve ...

This results in a combined ratio of 110%. Now, suppose the situation changes the following year. The company successfully reduces its operating expenses, lowering its expense ratio to 25%.

In Q4, total operating expenses accounted for 5.5% of revenues, down 470 basis points year over year, while on a non-GAAP basis, the ratio fell 130 basis points to a record-low 5.3%. For full-year ...

with an acquisition expense ratio of 22.6% and an operating expense ratio of 11.8%. The solid underwriting performance was underpinned by an improved attritional loss ratio of 47.1%, compared with ...