Oil Casualty Insurance posts $4m annual profit royalgazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from royalgazette.com Daily Mail and Mail on Sunday newspapers.
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(1) See the “Non-GAAP Financial Measures” section and tables at the end of this press release for a discussion and reconciliation of Net Income to non-GAAP financial measures, including FFO, FFO per diluted share, AFFO and AFFO per diluted share.
CEO Comments
“Our first quarter reflects a strong start to 2021 as we increased our dividend by more than 9% from our previous quarterly dividend, invested in five properties for nearly $22 million, continued to collect 100% of contractual base rents from our 100% occupied portfolio, and assembled a robust pipeline of potential transactions to drive future growth,” noted John P. Albright, President and Chief Executive Officer of Alpine Income Property Trust. “We’re particularly excited to be entering into our first transaction with CTO Realty Growth, which we believe is an excellent opportunity to further diversify our already high-quality, well-located portfolio. Additionally, we’re going to explore the sale of one or
People or processors? Unlocking the secrets of risk and data
23-04-2021
More on this story
27-01-2017
Is data really the key to better exposure management for re/insurers? That was the subject of intense debate in a panel discussion featuring senior leaders from several industry players, chaired by Tom Anderson of AdvantageGo.
The rise in $1 billion and bigger losses in recent years is a concern for insurers. It continued unabated in 2020, with 22 weather and climate-related events with losses exceeding $1 billion in the US alone. How can insurers, reinsurers and investors manage that risk, and what role will technology play?
Press release content from Business Wire. The AP news staff was not involved in its creation.
KBRA Assigns an AA- Insurance Financial Strength Rating to Lloyd’s of London
April 22, 2021 GMT
DUBLIN (BUSINESS WIRE) Apr 22, 2021
Kroll Bond Rating Agency Europe Limited (KBRA) assigns an AA- insurance financial strength rating (IFSR) to Lloyd’s of London, the world’s leading insurance and reinsurance marketplace. The Outlook for the rating is Stable.
Key Credit Considerations
The rating reflects Lloyd’s sound risk-adjusted capitalisation, unique capital structure, conservative underwriting leverage, sound technical reserves, strong liquidity profile, diversified earnings sources, broad distribution channels and comprehensive risk management programme. Lloyd’s capital has grown at a compound annual growth rate of 6.5% since end-2014 despite elevated catastrophe and attritional losses since 2016. At end-2020, Lloyd’s market wide Solvency II ratio was 147%. Lloyd’s uniqu
Guest Commentary: Abusive lawsuits driving up insurance rates | Jax Daily Record | Jacksonville Daily Record jaxdailyrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jaxdailyrecord.com Daily Mail and Mail on Sunday newspapers.