Sentences with phrase «insurance holding company»

Insurance holding companies own their subsidiaries, and survive by receiving dividends from the subsidiaries, or borrowing against them.

Ohio Started as a stock company and then was converted to a mutual insurance holding company in 1959.

This places insurance holding companies in a tough spot; they need dividends from some operating subsidiaries to survive, particularly during times when credit is not available on favorable terms, if at all.

He advises on mergers and acquisitions, transfers of blocks of insurance business, restructurings of insurance holding company systems and the creation of captive insurance company programs.

Universal Insurance Holdings, Inc. is a vertically integrated insurance holding company, which through its various subsidiaries, covers substantially all aspects of insurance underwriting, distribution, claims processing and exposure management.

National General Holdings Corp is a specialty personal lines insurance holding company.

Mega Insurance was a privately owned stock insurance holding company, owned by the Bullards, a wealthy New England extended family.

The firm is the North American operating subsidiary of Swiss based insurance giant, Zurich Insurance Group, and will move into space currently occupied by a division of insurance holding company AIG.

CNO Financial Group is a life insurance holding company focused on the senior middle income market in the U.S. Prior to joining CNO Financial Group, Mr. Prieur was President and Chief Operating Officer of Sun Life Financial, Inc. from 1999 to 2006 where he had previously led operations in Asia, Canada, United States, and the United Kingdom.

Athene Holding Ltd., a Pembroke, Bermuda insurance holding company, says it has agreed to buy the big fixed indexed annuity carrier, Aviva USA...

Carl Icahn is rushing to keep a New York insurance holding company from going private.

His practice focuses on compliance with state insurance regulations, and he regularly provides counsel with respect to licensing requirements, filings under the state insurance holding company acts, credit for reinsurance and investment limitations.

Representing troubled insurers, public and private insurance holding companies, reinsurers, counterparties and claimants in insolvency matters and workouts

Ultimately, in 1992, Pilgrim Life sold the company to American Hilton Corporation, a South Carolina insurance holding company.

However, on January 1, 1999, pursuant to a mutual insurance holding company reorganization, National Life converted from a mutual to a stock life insurance company.

In the year 2001, its policy holders approved a reorganization plan wherein PML reorganized from being a mutual insurance company to a stock company which is wholly - owned by the American United Mutual Insurance Holding Company.

Universal Insurance Holdings, Inc. is a vertically integrated insurance holding company, which through its subsidiaries, covers substantially all aspects of insurance underwriting, distribution, claims processing and exposure management services.

National General Insurance, headquartered in New York City, is a specialty personal lines insurance holding company.

Ohio Casualty ranks as one of the United States» top 35 stock insurance holding companies, with $ 3.8 billion in assets.

The insurance holding company provides a wide range of commercial and personal property and casualty insurance products.

Torchmark is an insurance holding company.

Heâ $ ™ s run his insurance holding company since 1985 and has grown its share price by an average of 26 % a year during that time.

Mutual holding company (MHC) conversion: Also known as a mutual insurance holding company (MIHC) conversion.

Or think of Buffett, who synthesized many strands of value investing together with an insurance holding company, levering up value investing with an aim of rapid compounding of profits.

What is also amazing is that his acquisition of textile company Berkshire Hathaway turned out to be a failure but he was able to convert it to an insurance holding company.

Relevant background shared in the decision states the plaintiff is a former employee of CNA Financial, an insurance holding company.

Below are some highlights from the above linked analysis: Company Description: Cincinnati Financial Corp. is an insurance holding company that primarily markets property and casualty coverage.

Fairfax Financial (OTCPK: FRFHF) is an insurance holding company that has followed a path to success similar to Berkshire Hathaway (NYSE: BRK.A).

In 1998, it reorganized as a mutual insurance holding company and was named one of Fortune Magazine's «100 Best Companies to Work for in America.»

The Horace Mann Educator's Corporation is an insurance holding company specializing in insurance products for the education community.

Direct General Corporation, an insurance holding company, is a rapidly growing provider of nonstandard personal automobile insurance, premium finance and other insurance and non-insurance products and services, with a major presence in the southeastern part of the United States.

The Lafayette Life Insurance Company is a mutual insurance holding company.

Just before the turn of the millennium, the entire company reorganized and became a mutual insurance holding company.

For example, 1997 saw the acquisition of Encore Financial — an insurance holding company based in Wisconsin.