AmTrust faces "hundreds of millions of dollars" reserve charge

Speciality property/casualty insurance group AmTrust Financial Services (AFSI) should take a reserve charge “in the hundreds of millions of dollars” and commit to “much-improved disclosure” in order to restore investor confidence, according to analysts at Keefe, Bruyette & Woods.

The rest of this article is locked for subscribers only. Please use your personal login at the link below to continue reading.

Subscriber login page

If you don't have a personal login, you will need to purchase a subscription to gain access to this article, including all our online content.

Contact: Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

AmTrust Financial Services, Analysis, Keefe, Bruyette & Woods, North America

More on this story

Stone Point and founding family bid to take AmTrust private
10-01-2018

AmTrust completes $300m capital raise
30-05-2017

Troubled AmTrust in $300m capital raise to support insurance units
26-05-2017

AmTrust Q1 profit hit by cat losses, adverse reserve development
09-05-2017

AmTrust plans to sell MGA operations to raise $1bn cash
09-05-2017

AmTrust accused of improperly recognising revenue and bonuses in class action
23-03-2017

AmTrust delays 2016 report, restates 2015 and 2014 filings
17-03-2017

AmTrust faces "hundreds of millions of dollars" reserve charge, say analysts

More on this story

Other related

More on this story

Sign up for the newsletter