Latest news with #Strength

AM Best Upgrades Credit Ratings of New Horizon Insurance Company

Yahoo

19 hours ago

Business
Yahoo

AM Best Upgrades Credit Ratings of New Horizon Insurance Company

OLDWICK, N.J., July 29, 2025--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to "a-" (Excellent) from "bbb+" (Good) of New Horizon Insurance Company (NHIC) (Houston, TX). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect NHIC's balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management (ERM). The ratings upgrade for New Horizon reflects its trend of strong and consistent operating performance over the past three years, driven by modest loss and loss adjustment expense ratios that have resulted in favorable net income over this time-frame and have notably outperformed the commercial automobile composite averages. The company's strong operating performance is further evidenced by pre-tax and total return on revenue and return on equity metrics that have reached the double-digit level in four of the past five years. This has resulted in five-year averages for these metrics that compare favorably with respective peer averages by a wide margin. These favorable trends continued through the first quarter of 2025, resulting in reported underwriting and net income. New Horizon has successfully grown its premium base in recent years through rate increases and organic growth across all lines and is expected to continue to do so over the near-term. New Horizon's strong operating results have been accretive to the balance sheet strength, with risk-adjusted capital and underwriting leverage metrics improving as its capital has accumulated in recent years. This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts Justine Aimone Financial Analyst +1 908 882 1595 Janet Hernandez Senior Financial Analyst +1 908 882 1890 Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 Al Slavin Senior Public Relations Specialist +1 908 882 2318

Analysts Say Buy These 3 Most Oversold Dividend Aristocrats

Yahoo

a day ago

Business
Yahoo

Analysts Say Buy These 3 Most Oversold Dividend Aristocrats

Everyone loves a discount - I'm no exception. When it comes to investing, it is not every day that you can get a quality stock at a lower-than-usual price. As an investor who's always been attracted to income, dividend stocks are my go-to choice. The question is, which one do I choose? I prefer consistency, reliability, and consistent growth. That is precisely the reason why I often start my searches with stocks in the Dividend Aristocrats index. These S&P 500-listed companies have consistently increased their dividends for over 25 years, highlighting their ability to thrive amidst any market conditions. More News from Barchart After Surprising Earnings Pop, Should You Buy This High-Yield Dividend Stock? Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. But, as they say, only death and taxes are guaranteed. For Dividend Aristocrats, a single sentence in a report, article, or on social media could send the stock crashing - making it oversold, regardless of the fundamentals - no matter how strong they are. This is exactly where I find opportunities. When a stock hits oversold levels and Wall Street calls it a 'Buy', that gets my attention. In my experience, it could mean that the price action is driven by short-term sentiment rather than the underlying fundamentals. These events often precede a trend reversal, and that's exactly where I want to be positioned before it happens. How I Came Up With The Following Dividend Stocks To come up with today's list, I used Barchart's Stock Screener. I screened for oversold stocks on the Dividend Aristocrats list. We can find oversold stocks using a technical indicator, the 14-day RSI. A reading of under 30 suggests the stock may be oversold, and a reading of over 70 suggests it's overbought. If we combine RSI with analyst ratings, we will get a stronger confirmation in our results. Spoiler: There are no Dividend Aristocrats currently trading in oversold territory. But, stay with me… Annual Dividend Yield: Left Blank 14-Day Relative Strength Index: Less than 40. There were no stocks under 30. Current Analyst Rating: Wall Street's analysts' rating of Moderate to Strong Buy complements RSI, which strengthens the potential bullish direction of the stock. Number of Analysts: 12 or more. A higher number of analysts indicates a stronger consensus and greater confidence. Watchlist: Dividend Aristocrats. I ran the screen and sorted the results according to the lowest Relative Strength Index: While technically none of these Dividend Aristocrats are oversold, these are the most oversold, buy-rated Dividend Aristocrats today. Chubb Ltd (CB) You may not have heard of this company, but Chubb Ltd is the world's largest publicly traded insurance company. Originally known as ACE Limited, Chubb's services encompass everything from auto, home, and travel insurance to specialized coverage, including cyber, marine, aviation, and political risk. The company operates in six segments, including property and casualty, life, health, and crop insurance for individuals and businesses. In its second quarter of 2025 earnings release, Chubb reported sales of 14.8 billion, up 7.2% from the same quarter last year. Net income also rose 35.3% to almost $3 billion. The company pays a forward annual dividend of $3.88, which translates to a yield of roughly 1.46%. CB's 14-day Relative Strength Index is at 32.16%, indicating that it is approaching oversold territory, has weak momentum, and is nearing undervalued territory. CB stock currently has a 'Moderate Buy' rating consensus from 21 Wall Street analysts. Combined with a low RSI, we may be looking at an excellent buying opportunity before it gains momentum. International Business Machines (IBM) International Business Machines, better known as IBM, is a global leader in integrated solutions. The company has strategic partnerships with several tech giants, including Adobe, Microsoft, and Samsung, among others. IBM operates through four segments: Software, Consulting, Infrastructure, and Financing. The company's second-quarter results reported sales of $17 billion, up 8% year-over-year. Its net income also jumped by 20% to $2.2 billion, and it pays a forward annual dividend of $6.72 per share, which translates to a yield of roughly 2.55%. IBM's 14-day Relative Strength Index is at 32.49%. Similar to CB, it is also nearing the oversold territory (which is <30%), which suggests the stock may be undervalued, and a reversal is just around the corner. IBM has a consensus 'Moderate Buy' rating from 21 analysts, suggesting as much as 32.9% upside in the stock over the next year. Brown & Brown (BRO) The last oversold Dividend Aristocrat in this list is Brown & Brown, an insurance products and services company. The company acts as an intermediary between providers and clients, helping them secure insurance coverage through its four segments: retail insurance, national programs, wholesale brokerage, and services segment. Brown & Brown has just released its second-quarter financials, which reported sales of $1.3 billion, representing a 9.1% year-over-year increase. Net income, however, decreased 10.1% to $231 million, which could be attributed to expenses such as employee compensation and benefits, as well as operating expenses. The company pays a forward annual dividend of $0.60, translating to a yield of approximately 0.58%. BRO's 14-day Relative Strength Index is 34.99%, which is still close to being oversold. Let's say it's the least undersold on this list; however, current momentum still indicates pressure on the stock price. Still, the stock has a consensus 'Moderate Buy' among 16 Wall Street analysts with a high target price of $130. This hints at a potential reversal from its current bearish phase, making today a possible entry point for investors looking for a bullish rally. Final Thoughts As they say, buy low and sell high. With that in mind, these are the three most oversold Dividend Aristocrats today. They're also the same companies that have consistently increased their dividends over the past 25 years, highlighting their resilience and ability to overcome short-term market fears. If you're like me, who likes to bottom-pick stable companies, these Dividend Aristocrats are potentially trading at discounted prices and come with reasonable yields. On the date of publication, Rick Orford did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on

Daily Love Tarot Reading for July 28th, 2025

UAE Moments

3 days ago

General
UAE Moments

Daily Love Tarot Reading for July 28th, 2025

Daily Love Tarot Reading - 7.28.25 Card of the Day: Strength Sometimes, your emotions run high. You are prone to upset and jealousy in your relationships, and this may start really impacting your love life if not kept in check. Strength asks you to turn inward and treat yourself will compassion and kindness. In order to avoid explosive arguments or relationship issues, you must work on yourself and your emotions. For singles: Balance your emotions before diving into love—self-compassion will attract the right kind of partner. For couples: Keep jealousy and anger in check to nurture harmony in your relationship—choose kindness over conflict. Pro Tip for the Day: Practice mindfulness and self-reflection daily to stay grounded and prevent emotions from clouding your judgment in love.

Business Wire

5 days ago

Business
Business Wire

AM Best Revises Issuer Credit Rating Outlooks to Stable for California Casualty Group Members

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to stable from negative for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term ICRs of 'bb+' (Fair) of The California Casualty Indemnity Exchange (San Mateo, CA) and its wholly owned subsidiaries: California Casualty General Insurance Company of Oregon (Portland, OR), California Casualty & Fire Insurance Company (San Mateo, CA) and California Casualty Insurance Company (Portland, OR). All of these companies comprise the California Casualty Group (California Casualty). The outlook of the FSR is stable. The Credit Ratings (ratings) reflect California Casualty's balance sheet strength, which AM Best assesses as adequate, as well as its marginal operating performance, limited business profile and marginal enterprise risk management (ERM). The revision of the Long-Term ICRs outlooks to stable from negative and the affirmation of the ratings reflects the group's improved operating performance, which has exceeded management's expectations. AM Best expects California Casualty to maintain adequate balance sheet strength, supported by a very strong level of risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR). The improvement in BCAR reflects a strengthened surplus position, reduced catastrophe exposure and improved underwriting margins. The improvement in California Casualty's surplus was driven by better rate adequacy, expense reduction initiatives and improved loss experience. The strategic business initiatives of California Casualty, including realignment of its business mix toward stronger-performing affinity groups and exit from underperforming regions, have contributed to the organization's improved earnings stability and a more sustainable loss ratio. While these actions and enhancements to the ERM are expected to support operating performance and organic surplus growth, California Casualty remains exposed to elevated execution risk. Positive rating actions could occur if the transformation of the group's ERM practices lead to sustained improvements in overall balance sheet strength and profitability. This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Your Daily Career Tarot Card Reading for July 26th, 2025