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09.05.25 - 22:12
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Biglari Holdings Inc. News Release (PR Newswire)
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San Antonio, TX, May 9, 2025 /PRNewswire/ -- Biglari Holdings Inc. (NYSE: BH.A; BH) announces its results for the first quarter of 2025. Biglari Holdings Inc.'s earnings for the first quarter of 2025 and 2024 are summarized below. To become fully apprised of our results, shareholders......
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26.03.25 - 19:33
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AM Best Assigns Credit Ratings to Biglari Reinsurance Ltd.; Removes Under Review Status for Credit Ratings of First Guard Insurance Company and Southern Pioneer Insurance Company (Business Wire)
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OLDWICK, N.J.--(BUSINESS WIRE)--#insurance--AM Best has assigned a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” (Excellent) to Biglari Reinsurance Ltd. (Bermuda). The outlook assigned to these Credit Ratings (ratings) is stable. Concurrently, AM Best has removed from under review with developing implications and affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of First Guard Insurance Company (First Guard) (Scottsdale, AZ). At the same time, AM Best has removed from under review with developing implications and upgraded the FSR to A (Excellent) from B++ (Good) and the Long-Term ICR to “a+” (Excellent) from “bbb+” (Good) of Southern Pioneer Property and Casualty Insurance Company (Southern Pioneer) (Jonesboro, AR). The outlook assigned to these ratings is stable. These companies are collectively referred to as Biglari Re.
The ratings of Biglari Re reflect the group's balance sheet strength, which AM...
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01.03.25 - 14:36
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BIGLARI HOLDINGS INC. NEWS RELEASE (PR Newswire)
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San Antonio, TX, March 1, 2025 /PRNewswire/ -- Biglari Holdings Inc.'s (NYSE: BH.A; BH) 2024 Annual Report to the shareholders has been posted on the Internet, where it can be accessed at www.biglariholdings.com. The report includes Sardar Biglari's annual letter to shareholders. Biglari......
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09.01.25 - 22:06
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Biglari Holdings Inc. News Release (PR Newswire)
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SAN ANTONIO, TX, Jan. 9, 2025 /PRNewswire/ -- Biglari Holdings (NYSE: BH.A; BH) announced today its 2025 Annual Shareholders Meeting will be held at the Majestic Theatre in San Antonio on Wednesday, April 16, 2025, at 1:00 p.m. Central Time. About Biglari Holdings Inc. Biglari Holdings......
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09.01.25 - 20:36
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AM Best Places Credit Ratings of First Guard Insurance Company Under Review With Developing Implications (Business Wire)
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OLDWICK, N.J.--(BUSINESS WIRE)--#insurance--AM Best has placed under review with developing implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of First Guard Insurance Company (First Guard) (Scottsdale, AZ). First Guard is a subsidiary of Biglari Holdings Inc. [NYSE: BH].
The Credit Ratings (ratings) of First Guard have been placed under review with developing implications following the approval of a reinsurance agreement submitted to the Arizona Department of Insurance. The filing establishes a quota share reinsurance agreement with Biglari Reinsurance Ltd. (Biglari Re). Biglari Re, a recently established Bermuda-licensed affiliated reinsurer and a part of the Biglari Insurance Group Inc., a well-capitalized entity with roughly $395 million in contributed capital from its ultimate parent, Biglari Holdings Inc.
The under review with developing implications status considers the expected inclusion of First Guard into a new group with a ...
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