Latest news with #SpecialtyInsurance
Yahoo
03-08-2025
- Business
- Yahoo
Earnings To Watch: Palomar Holdings (PLMR) Reports Q2 Results Tomorrow
Specialty insurance provider Palomar Holdings (NASDAQ:PLMR) will be reporting results this Monday after market close. Here's what you need to know. Palomar Holdings beat analysts' revenue expectations by 1.8% last quarter, reporting revenues of $174.6 million, up 47.3% year on year. It was a strong quarter for the company, with a solid beat of analysts' EPS estimates and a solid beat of analysts' net premiums earned estimates. Is Palomar Holdings a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Palomar Holdings's revenue to grow 42% year on year to $186.1 million, slowing from the 45% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.68 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Palomar Holdings has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 5.3% on average. Looking at Palomar Holdings's peers in the property & casualty insurance segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Mercury General delivered year-on-year revenue growth of 13.2%, beating analysts' expectations by 2%, and Allstate reported revenues up 6%, falling short of estimates by 0.7%. Mercury General's stock price was unchanged after the resultswhile Allstate was up 5.7%. Read our full analysis of Mercury General's results here and Allstate's results here. The euphoria surrounding Trump's November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the property & casualty insurance stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4% on average over the last month. Palomar Holdings is down 9.1% during the same time and is heading into earnings with an average analyst price target of $182.83 (compared to the current share price of $132.08). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
28-07-2025
- Business
- Yahoo
AXA XL Appoints Sylvain Bouteillé as Chief Underwriting Officer, Specialty, Americas
NEW YORK , July 28, 2025 /PRNewswire/ -- AXA XL is pleased to announce the appointment of Sylvain Bouteillé as Chief Underwriting Officer for Specialty Americas. In this key leadership role, Mr. Bouteillé will oversee the development and execution of AXA XL's regional strategy for its Specialty insurance division which includes Aviation, Ocean Marine, Political Risk, Trade Credit & Commercial Bonds, War, Terrorism & Political Violence, Fine Art & Specie, and Structured Risk Solutions. Based in New York, Mr. Bouteillé will report to Donna Nadeau, Head of Large Commercial, Americas and work closely with local underwriting teams and business partners to deliver innovative, customer-centric solutions across all specialty lines. Commenting on the appointment, Ms. Nadeau said: "Sylvain's extensive global experience in insurance and his deep understanding of complex risk transfer solutions make him a fantastic candidate to advance our strategic ambitions in the Americas' Specialty market." Mr. Bouteillé joins AXA XL from AIG, where he has served as Head of Trade Credit for the Americas. He brings 30 years of experience in the (re)insurance industry, with a strong focus on credit risk, multinational programs, and strategic leadership across the US, Japan, Switzerland, and France. His previous roles include Global Co-Head of P&C International Programs and Head of Sales North America for Swiss Re Corporate Solutions, and senior credit risk management positions. AXA XL, the P&C and specialty risk division of AXA, provides insurance and risk management solutions to mid-sized companies, multinationals, and individuals worldwide. With a comprehensive capital platform, data-driven insights, leading technology, and top talent, AXA XL partners with clients to reinvent risk management and build more sustainable, thriving businesses. Learn more at Follow AXA XL on LinkedIn The information and services provided by KnowBe4 are intended for informational purposes only, are offered solely by the provider and are not the responsibility of AXA XL or AXA Group. While we strive to connect our clients with quality services and service providers, AXA XL or AXA Group do not guarantee the performance, outcomes, or reliability of the information or services provided. You are encouraged to review the terms and conditions of KnowBe4 and to conduct your own due diligence before relying on any information provided or engaging in any services. AXA XL or AXA Group shall not be liable for any direct, indirect, incidental, or consequential damages that may arise from the use of or reliance on the information or services provided by KnowBe4. ABOUT AXA XLAXA XL provides insurance and risk management products and services for mid-sized companies through to large multinationals, and reinsurance solutions to insurance companies globally. We partner with those who move the world forward. To learn more, visit AXA XL 'Facing into Risk' We're 'Facing into Risk'. Innovation has always kept the world moving forward, but it comes with risk. As a re/insurer, we believe that we must step up, face into risk and push the boundaries so that our clients can continue to drive progress. It is this belief that has inspired our new campaign, 'Facing into Risk'. Discover our solutions for business: ABOUT AXA XL INSURANCE AXA XL Insurance offers property, casualty, professional, financial lines and specialty insurance solutions to mid-sized companies through to large multinationals globally. We partner with those who move the world forward. To learn more, visit View original content to download multimedia: SOURCE AXA XL
