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AmTrust Financial Services stock price
AmTrust Financial Services latest news:
BRIEF-Amtrust Financial Services reports Q3 loss per share $0.89
* Amtrust Financial Services Inc reports third quarter 2017
loss per diluted share of $(0.89) and operating loss per diluted
share(1) of $(0.04), including $0.25 per share of catastrophe
losses in quarter
BRIEF-AmTrust Financial will transfer 51% equity interest in some of its U.S. businesses to Madison Dearborn Partners
AmTrust Financial Services Inc(AFSI): * AmTrust - co, Madison Dearborn Partners agree for co to transfer a 51% equity interest in certain of its U.S.-based fee businesses to MDP. * AmTrust Financial Services (AFSI) - deal values the U.S.-based fee business at $1.15 billion, plus up to additional $50 million upon exit, subject to agreed thresholds. * AmTrust-Via mix of MDP's equity investment of abo...
Morning News Call - India, October 18
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FACTORS TO WATCH
9:15 am: MAS Financial Services lists on exchanges in
BRIEF-AmTrust Financial Services natural catastrophe loss estimate
AmTrust Financial Services Inc(AFSI). * AmTrust Financial Services Inc(AFSI) natural catastrophe loss estimate.
Tyrie urged to apply to chair City watchdog
The former chairman of parliament’s Treasury Select Committee is being urged by leading figures in the financial services sector to apply for the top job at the City regulator.
Brexit: UK targets 'bespoke' deal with EU to protect City
Chancellor Philip Hammond says financial services are the UK's most important export to the EU.
Insurance stocks clobbered as investors await loss estimates for hurricane Harvey
Insurance stocks were mostly lower Monday, as investors awaited the initial estimates of losses from hurricane Harvey, which devastated Texas over the weekend. "While it is early days and Harvey is expected to bring even more rain and flooding for another week, our best guess at this point is Harvey could result in $10-$20bn of industry insured losses making it one of the top 10 most costly hurricanes to hit the U.S.," J.P. Morgan analyst Sarah DeWitt wrote in a Monday note. CreditSights analysts said the most vulnerable lines of business include allied lines, commercial and private auto, commercial multiple peril, homeowners and farmowners multiple peril, crop mulitple peril, private crop, fire, flood and inland marine. Among the companies that are most exposed to the region, Allstate Corp. shares fell 1.7%, Progressive Corp. shares were down 2.5%, Chubb Ltd. fell 1.6%, CNA Financial Corp. was down 0.5% and Hartford Financial Services Group Inc. was down 2%. RenaissanceRe Holdings Ltd. fell 1.8% and Everest Re Group Ltd. fell 2.5%. Dow Jones Industrial Average component Travelers Cos. Inc. fell 3%, to shave about 20 points off the price-weighted index. The S&P 500 was flat. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MOVES-Natixis names Ahmet Ugurlu as Americas coverage banker
French bank Natixis said it hired Ahmet Ugurlu as executive director and coverage banker for its Americas business. Ugurlu, who has 15 years of financial services experience, most recently served as a director of energy and infrastructure banking at HSBC Securites.
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