American Financial Group (NYSE:AFG) Q3 2025 Earnings Call November 05, 2025 11:30 AM ET Company ParticipantsCraig Lindner - Co-CEODiane Weidner - VP of Investor RelationsAndrew Andersen - VP of Equity ResearchCarl Lindner - Co-CEOBrian Hertzman - CFOConference Call ParticipantsMeyer Shields - Equity Research AnalystMichael Zaremski - Research AnalystOperatorGood day, and thank you for standing by. Welcome to the American Financial Group 2025 third quarter results conference call. At this time, all participa ...

Nov 4, 2025 6:00 PM Eastern Standard Time AM Best Comments on Credit Ratings of Palomar Holdings, Inc., Its Member Companies and Affiliate Share OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has commented that the Credit Ratings (ratings) of Palomar Holdings, Inc. (Palomar) (Delaware) [NASDAQ: PLMR], the ultimate parent and insurance holding company of Palomar Specialty Insurance Company (PSIC) (Portland, OR), Palomar Excess and Surplus Insurance Company (PESIC) (Phoenix, AZ), Palomar Specialty Reinsurance Compan ...

核心财务表现 - 第二季度非GAAP每股收益达1.76美元 超出市场预期1.67美元 同比增长40.8% [1][2] - GAAP营收2.033亿美元 较去年同期的1.311亿美元增长55.1% [1][2] - 净已赚保费1.8亿美元 同比增长47.2% [1][2] - 年度化调整后股东权益回报率为23.7% [2][9] 业务板块表现 - 意外险业务总承保保费飙升118.8%至1.282亿美元 占总体保费超四分之一 [5] - 内陆运输和财产险总承保保费增长28.4% [5] - 农作物保险总承保保费从220万美元暴增至3950万美元 [5] - 前端业务因终止主要合作伙伴关系预期下降36.5% [5] 战略转型进展 - 地震险占比从35.1%降至29.8% 加州业务占比降至33% 显示业务多元化成效 [6] - 通过收购Advanced AgProtection扩大农作物保险地域覆盖和分销网络 [10] - 再保险计划续约费率同比下降约10% 降低巨灾风险波动 [11] - 技术平台和专有分析能力支撑核保定价优势 [3] 盈利能力指标 - 调整后综合成本率稳定在73.1% [2][7] - 灾害损失率降为零 显示本季度无重大保险事件 [7] - 费用率从54.2%改善至53.1% [7] - 净投资收入同比增长68% 受益于更高收益率和资产规模扩大 [8] 2025年业绩展望 - 上调全年调整后净利润指引至1.98-2.08亿美元 原预期为1.86-2亿美元 [13] - 预计剩余财年将产生800-1200万美元灾害相关损失 [13] - 综合成本率预计维持在75%-79%区间 [13]