AmTrust Bank

AmTrust Announces Quarterly Cash Dividends on Preferred Stock

Retrieved on: 
星期二, 五月 7, 2024

AmTrust Financial Services, Inc. (“AmTrust” or the “Company”) today announced that its Board of Directors has approved a cash dividend per share on the following series of non-cumulative preferred stock:

Key Points: 

AmTrust Financial Services, Inc. (“AmTrust” or the “Company”) today announced that its Board of Directors has approved a cash dividend per share on the following series of non-cumulative preferred stock:

Maiden Holdings, Ltd. Announces Renewal Rights Transaction for International Primary Business

Retrieved on: 
星期一, 五月 6, 2024

Maiden Holdings, Ltd. (NASDAQ: MHLD) (“Maiden”) today announced it had entered into a renewal rights transaction with AmTrust Nordic AB, a Swedish unit of AmTrust Financial Services, Inc. (“AmTrust”).

Key Points: 
  • Maiden Holdings, Ltd. (NASDAQ: MHLD) (“Maiden”) today announced it had entered into a renewal rights transaction with AmTrust Nordic AB, a Swedish unit of AmTrust Financial Services, Inc. (“AmTrust”).
  • The transaction is expected to cover the majority of its primary business written through its Swedish subsidiaries, Maiden General Försäkrings (“Maiden GF”) and Maiden Life Försäkrings (“Maiden LF”) in Sweden, Norway and other Nordic countries.
  • Maiden also reported that it anticipates entering into additional renewal rights agreements with other AmTrust entities for certain business written by Maiden GF and Maiden LF in the United Kingdom and Ireland.
  • As part of these conclusions, Maiden expects to enter into additional transactions to either sell or wind-up Maiden GF and Maiden LF during 2024 and is actively evaluating potential transactions currently.

Tallarna Wins NYSERDA Award to Stimulate Actionable LMI Building Retrofits

Retrieved on: 
星期四, 四月 25, 2024

Tallarna , a climate tech and finance platform for sustainable impact, today announced that it has been awarded a $1 million contract by the New York State Energy Research and Development Authority (NYSERDA) to stimulate actionable building retrofits in the Low-to-Moderate Income (LMI) rental sector.

Key Points: 
  • Tallarna , a climate tech and finance platform for sustainable impact, today announced that it has been awarded a $1 million contract by the New York State Energy Research and Development Authority (NYSERDA) to stimulate actionable building retrofits in the Low-to-Moderate Income (LMI) rental sector.
  • For one municipality, it has made a 3,000-home retrofit actionable, with the majority of the capital costs being privately financed.
  • However, with high retrofit costs and an exhausted senior debt capacity, many landlords struggle to fund the necessary building upgrades.
  • As such, we are delighted to be working with NYSERDA and our partners on scaling and actioning LMI retrofits.

Luke Kwiatkowski Joins Holborn Corporation as Senior Vice President and Chief Financial Officer

Retrieved on: 
星期三, 三月 20, 2024

Holborn Corporation (Holborn), a U.S.-based independent reinsurance broker, announced today that Luke Kwiatkowski has joined the company as Senior Vice President and Chief Financial Officer.

Key Points: 
  • Holborn Corporation (Holborn), a U.S.-based independent reinsurance broker, announced today that Luke Kwiatkowski has joined the company as Senior Vice President and Chief Financial Officer.
  • Mr. Kwiatkowski will be based in New York City and will report to Frank Harrison, Chairman of the Board and Chief Executive Officer.
  • As CFO, Mr. Kwiatkowski will be responsible for all financial matters of the firm, including strategic financial planning, corporate accounting, financial reporting and account services.
  • Mr. Kwiatkowski joins Holborn from property & casualty insurer AmTrust Financial Services where he was a Vice President and Deputy Global Controller.

PetroSure Partners with AmTrust to Deliver Workers’ Compensation Coverage to the Upstream Onshore Oil and Gas Industry

Retrieved on: 
星期二, 二月 20, 2024

PetroSure , a highly specialized multi-line coverage program for the onshore oil and gas industry, has partnered with AmTrust Specialty Programs to provide industry-focused workers’ compensation coverage.

Key Points: 
  • PetroSure , a highly specialized multi-line coverage program for the onshore oil and gas industry, has partnered with AmTrust Specialty Programs to provide industry-focused workers’ compensation coverage.
  • AmTrust Specialty Programs, a division of AmTrust Financial, Inc., is a leading provider of property and casualty insurance programs across various industries.
  • “AmTrust Specialty Programs is an ideal partner for PetroSure on this new coverage offering,” said Tyler Hamilton, PetroSure’s Director and Senior Vice President.
  • “We are pleased to enter into this new program with PetroSure and combine our expertise in workers’ compensation with their robust product offerings focused on the oil and gas industry,” said Dan Hickey, President of AmTrust Specialty Insurance.

AmTrust Announces Quarterly Cash Dividends on Preferred Stock

Retrieved on: 
星期一, 二月 5, 2024

AmTrust Financial Services, Inc. (“AmTrust” or the “Company”) today announced that its Board of Directors has approved a cash dividend per share on the following series of non-cumulative preferred stock:

Key Points: 

AmTrust Financial Services, Inc. (“AmTrust” or the “Company”) today announced that its Board of Directors has approved a cash dividend per share on the following series of non-cumulative preferred stock:

AmTrust Appoints James Thanasules as President of AmTrust Title

Retrieved on: 
星期三, 一月 31, 2024

AmTrust Financial Services, Inc., (“AmTrust” or the “Company”), a global specialty property casualty insurer, today announced the appointment of James Thanasules as President of AmTrust Title Insurance Company (“AmTrust Title”).

Key Points: 
  • AmTrust Financial Services, Inc., (“AmTrust” or the “Company”), a global specialty property casualty insurer, today announced the appointment of James Thanasules as President of AmTrust Title Insurance Company (“AmTrust Title”).
  • In this role, he will oversee AmTrust Title’s operations providing title insurance for the commercial and residential real estate industries.
  • “I’m excited to continue working with James and seeing him shape the future of AmTrust Title,” said Jeffrey Fenster, Executive Vice President, Head of North American Specialty Risk at AmTrust.
  • Before AmTrust, he was Vice President and Senior Underwriting Counsel for First American Title Insurance Company’s New York Agency Division.

AmTrust Recognized for Diversity, Equity & Inclusion by Insurance Business America

Retrieved on: 
星期一, 一月 29, 2024

AmTrust Financial Services, Inc., (“AmTrust” or the “Company”), a global specialty property casualty insurer, today announced that it was awarded the 2024 5-Star Diversity, Equity, and Inclusion (DEI) Award from Insurance Business America magazine.

Key Points: 
  • AmTrust Financial Services, Inc., (“AmTrust” or the “Company”), a global specialty property casualty insurer, today announced that it was awarded the 2024 5-Star Diversity, Equity, and Inclusion (DEI) Award from Insurance Business America magazine.
  • AmTrust was one of 15 companies in the insurance industry to earn the recognition.
  • The company’s global efforts include courses on diversity, equity, inclusion and belonging, along with learning events focused on building awareness of and appreciation for related topics.
  • Inclusion is one of our core values and we are pleased to see the commitment recognized by the industry and our own people.”

AmTrust Named Lead Title Insurer for SunZia Wind & Transmission

Retrieved on: 
星期一, 一月 22, 2024

AmTrust Title, a subsidiary of AmTrust Financial Services, Inc., is proud to be the lead title insurance company for the SunZia Wind and Transmission project (“SunZia”).

Key Points: 
  • AmTrust Title, a subsidiary of AmTrust Financial Services, Inc., is proud to be the lead title insurance company for the SunZia Wind and Transmission project (“SunZia”).
  • SunZia is under construction in the Southwest United States by its owner Pattern Energy Group LP, a leader in renewable energy and transmission infrastructure.
  • Once completed, SunZia will include 900 wind turbines with the transmission line spanning 550 miles between central New Mexico and south-central Arizona.
  • Pattern Energy Closes $11 Billion Financing of Largest Clean Energy Infrastructure Project in U.S. History | Business Wire
    “We are proud to be the lead title company for SunZia.

Extended Warranty Market to Surpass US$193.7 Million by 2030 | Exclusive Report by Coherent Market Insights

Retrieved on: 
星期一, 十二月 18, 2023

Secondly, the rising disposable income and changing consumer preferences are contributing to the growth of the extended warranty market.

Key Points: 
  • Secondly, the rising disposable income and changing consumer preferences are contributing to the growth of the extended warranty market.
  • Request Sample Copy of this Report: https://www.coherentmarketinsights.com/insight/request-sample/6019
    Two key trends can be observed in the Extended Warranty Market.
  • The extended warranty market is anticipated to witness a CAGR of 6.6% during the forecast period 2023-2030, owing to the increasing demand for extended warranty plans across various segments.
  • In conclusion, the extended warranty market is experiencing significant growth opportunities in the automobile sector and consumer electronics segment.