Business Wire

Milliman PFI plans’ funded status climbed to 103.4% on strong investment returns

SEATTLE--(BUSINESS WIRE)-- Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Milliman 100 Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans.

During May, the Milliman 100 PFI funded ratio rose from 103.1% at the end of April to 103.4% as of May 31, driven by investment returns of 2.29%, the... (continue reading...)

NEW YORK--(BUSINESS WIRE)-- Personal auto insurance underwriting profitability appears to finally be headed in a positive direction after recent years of record underwriting losses, according to the Insurance Information Institute (Triple-I).

But while these gains show improvement, it will likely take time for them to be reflected in flattening premium rates, Triple-I noted.

“Auto insurers’ 2023 net combined ratio of 104.9 is 7.3 points better than 2022.... (continue reading...)

(Article L. 233 8 II of the French commercial code - article 223-16 of the General Regulations of the AMF)

ECULLY, France--(BUSINESS WIRE)-- Regulatory News:

• Issuer

Corporate name

SEB S.A. (Paris: SK)

Registered office

112 Chemin du Moulin Carron, 69130 Ecully- France

Stockmarket

Euronext Paris - A

ISIN

FR0000121709

• Numbers of shares and voting rights :

30 April 2024

31... (continue reading...)

CALABASAS, Calif.--(BUSINESS WIRE)-- Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced today the hiring of chief people officer Jan Coonley. Coonley will be responsible for overseeing all aspects of the company’s human resources activities, including systems, employee engagement, performance enhancement, talent retention and acquisition, skills and... (continue reading...)

PITTSBURGH--(BUSINESS WIRE)-- The Federal Home Loan Bank of Pittsburgh (FHLBank) announced the 2024 winners of its Diversity, Equity and Inclusion Membership Award and the Pillars of the Community Awards. These awards are being presented to the recipients in person during the month of June.

Diversity, Equity and Inclusion Membership Award

This award celebrates FHLBank member financial institutions that have implemented or supported impactful, innovative... (continue reading...)