dividend News

Zurich Overhaul Produces First Dividend in 7 Years

Zurich Insurance Group AG overcame a record year for natural-disaster claims in the industry to deliver its first dividend increase since 2011. The shares rose the most since August 2016. Switzerland’s biggest insurer raised its dividend for 2017 by 6 …

Allianz Increases Dividend After Profit

Insurance company Allianz says it is increasing its dividend to 5.30 euros ($7.27) from 4.50 euros a share after profits rose 15 percent last year. The Munich-based company said Thursday its net income attributable to shareholders reached 6 billion euros …

Texas Mutual Serves up $670K Dividend to TRA Safety Group

Texas Mutual Insurance Company announced a $669,540 dividend to the Texas Restaurant Association (TRA) workers’ compensation safety group. The dividend was based largely on the group’s overall loss ratio. “Texas Mutual has a permanent, vested interest in helping our state’s …

Louisiana Medical Professional Liability Insurer Announces 10% Dividend

Louisiana Medical Mutual Insurance Co. (LAMMICO), based in Metairie, announced a sixth consecutive dividend for all LAMMICO policyholders in Louisiana and Arkansas. The announcement affects just over 6,000 policyholders, who will receive a 10 percent dividend of a policyholder’s written …

Texas Green Industry Safety Group Dividends Now Exceed $3M

Dallas-based Hotchkiss Insurance Programs LLC announced a $273,731 dividend to the Texas Green Industry Workers’ Compensation Safety Group (TGI), bringing total dividends paid to the group to $3,246,032. The group’s total premium volume and loss ratio are factors in determining …