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When excluding variable investment income (VII), notable items, and results from international businesses, APTOI fell 10%, which the company said was due mainly to the impact of short-term interest rate changes and higher interest expenses related to pre-funding the company’s April 2025 debt maturity.
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[ad_1] Craig R. Smiddy, president and CEO of Old Republic International, said that since joining BITCO in 2023, Lehman has contributed to growth, profitability, and operational efficiency, and that his leadership will help maintain continuity as the company continues to serve agents, brokers, and customers with specialized insurance solutions. [ad_2] Source link
[ad_1] “This transaction is about growth and opportunity,” said Ellen Cooper, chairman, president and CEO of Lincoln Financial Group, during a conference call. “Our partnership with Bain Capital will provide us a competitive advantage as we leverage their cross-platform asset management capabilities and deploy additional capital created through their investment to support enhanced profitable growth.”…
[ad_1] Mark Miller, CIO at Crash Champions, joined the company in 2022 and has over 30 years of experience in digital technology. Before his role at Crash Champions, Miller served as CTO at a national collision repair organization and Party City. Meanwhile, Pete Tagliapietra, managing director at DataTouch LLC, is a former CIECA board member…
[ad_1] Cannabis Select provides high-limit, non-admitted coverage to dispensaries, cultivators, and manufacturers operating across state lines. Coverage includes up to $25 million in property protection and up to $5 million per occurrence in general and product liability, compared to Cannabis Essentials, which offers up to $5 million in property and $1 million/$2 million in liability…
[ad_1] What’s impacting the cyber threat environment in 2025? In today’s landscape, staying ahead means understanding the factors underpinning the cyber trends dominating cyber discussions – with AXA XL’s cyber lead for APAC and Europe, Carlos Rodriguez, highlighting several major themes. AI is the first of these, he said, as the sector is seeing different…
[ad_1] Executive reshuffle signals shift in global market strategy Under the new structure, Sarah Stephen has been promoted to head of liability and will oversee the General Liability and International Casualty MGA teams, both based in London. She will report to Dax Gulmohamed, who has expanded his remit to include oversight of all Global Markets…
