03.09.2013 14:00:00
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Property & Casualty Insurance Companies Announce Dividends, Termination Agreements and Conferences - Research Report on Tower, First American, AFG, Cincinnati Financial, and Arch Capital Group
NEW YORK, September 3, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Tower Group Inc. (NASDAQ: TWGP), First American Financial Corporation (NYSE: FAF), American Financial Group Inc. (NYSE: AFG), Cincinnati Financial Corp. (NASDAQ: CINF), and Arch Capital Group Ltd. (NASDAQ: ACGL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Tower Group Inc. Research Report
On August 19, 2013, Tower Group Inc. (Tower) announced that it has terminated its previously announced agreement to acquire American Safety Reinsurance, Ltd. (American Safety Reinsurance) from Fairfax Financial Holdings Limited. The Company further informed that it will receive $5 million in exchange for the termination of such agreement. As per Tower, American Safety Reinsurance is the Bermuda-based reinsurance subsidiary of American Safety Insurance Holdings, Ltd. The Full Research Report on Tower Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-29/TWGP]
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First American Financial Corporation Research Report
On August 20, 2013, First American Financial Corporation (First American) announced that its Board of Directors has declared a quarterly cash dividend of $0.12 per common share. First American reported that the cash dividend will be payable on September 16, 2013, to shareholders of record as of September 9, 2013. The Full Research Report on First American Financial Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-29/FAF]
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American Financial Group Inc. Research Report
On August 22, 2013, American Financial Group Inc. (AFG) announced that its Board of Directors has approved an increase in the Company's annual dividend, raising it from $0.78 to $0.88 per share of common stock. AFG stated that the increased dividend, when declared, will be paid on a quarterly basis of $0.22 per share of common stock beginning in October 2013. Further, AFG reported that the new dividend rate represents a 12.8% increase over the annual rate paid thus far in 2013. Craig Lindner and Carl Lindner III, AFG's Co-CEOs said, "We are pleased to increase the annual dividend paid to our shareholders by 10 cents per share. This increase reflects our confidence in the Company's financial condition and liquidity, and its prospects for long-term growth." The Full Research Report on American Financial Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-29/AFG]
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Cincinnati Financial Corp. Research Report
On August 16, 2013, Cincinnati Financial Corp. (Cincinnati Financial) announced that its Board of Directors has declared a $0.42 per share regular quarterly cash dividend, representing an increase from the previous dividend of c.$0.41 per share, paid on July 15, 2013.Further, Cincinnati Financial stated that the $0.42 per share dividend will be payable on October 15, 2013, to shareholders of record as of September 18, 2013. Steven J. Johnston, President and CEO of the Company said, "Cincinnati Financial shareholders have consistently benefited from increased dividends in each of the past 52 years, and this board action sets the stage for continuing that record for a 53rd year. The board of directors' decision not only benefits shareholders in the near term with cash dividends, but also reflects confidence in the company's prospects for long-term earnings growth." The Full Research Report on Cincinnati Financial Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-29/CINF]
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Arch Capital Group Ltd. Research Report
On August 28, 2013, Arch Capital Group Ltd. (Arch Capital Group) announced that its Executive Vice President and CFO, Mark Lyons, is scheduled to present at the Barclays Capital Global Financial Services Conference in New York on September 10, 2013, at 3:30 p.m. ET. Additionally, Arch Capital Group stated that a live webcast will be made available during the presentation and the information will be archived for approximately 90 days, which can be accessed through a link specified on the Company's website. The Full Research Report on Arch Capital Group Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-29/ACGL]
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Aktien in diesem Artikel
American Financial Group Inc. | 139,00 | -0,71% | |
Arch Capital Group LtdShs | 94,88 | -0,53% | |
Cincinnati Financial Corp. | 151,60 | 0,36% | |
First American Financial Corp | 70,63 | 1,99% |