WESTAIM Aktie

 

Um den gesamten Artikel unter seekingalpha.com zu lesen, klicken Sie bitte auf die Überschrift...

NEW YORK--(BUSINESS WIRE)--The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announces its audited financial results for the quarter and full year ended December 31, 2025. Westaim recorded a net loss attributable to controlling interests of $18.7 million ($0.56 diluted loss per share) for Q4 2025 compared to a net loss of $21.3 million ($0.99 diluted earnings per share) for Q4 2024. For the full year ended December 31, 2025, Westaim recorded a net loss of $38.0 million ($1.25 diluted loss per share) compared to a new loss of $16.2 million ($0.75 diluted loss per share) for the full year ended December 31, 2024. “Westaim has continued to build operating momentum in its businesses throughout Q4 2025, with multi-year guaranteed annuities (“MYGA”) policy issuance continuing to build during Q4 after our initial launch in September. With the launch of our fixed index annuity (“FIA”) product in February, we have experienced a rapid acceleration in our annuity policy busines...

NEW YORK--(BUSINESS WIRE)--The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announces that, effective April 1, 2026, Andrew Rabinowitz, the President and General Counsel of Arena Investors Group Holdings, LLC (“Arena”), will join Arena's board of directors, and Matthew Skurbe, Westaim's Chief Financial Officer (and soon to be President and Chief Operating Officer) will be appointed Arena's Chief Operating Officer. Messrs. Rabinowitz and Skurbe succeed Lawrence Cutler, who is resigning from such roles on that date. Additionally, Timothy Newville, currently Arena's Chief Accounting Officer, will succeed Mr. Skurbe as the new Chief Financial Officer of Arena. About Westaim Westaim is an integrated insurance and alternative asset management company with two primary operating businesses: Ceres Life and Arena. Ceres Life is a cloud-native, highly scalable, de novo annuity insurance company. Inspired by the belief that technology can reinvent the way insurance providers meet...

Matthew Skurbe Named President and Chief Operating Officer of Westaim Nikita Klassen Appointed Chief Financial Officer of WestaimNEW YORK--(BUSINESS WIRE)--The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announces a series of executive leadership appointments, effective April 1, 2026, intended to advance the Company's long-term strategy and strengthen its operating capabilities. Matthew Skurbe will become President and Chief Operating Officer of Westaim. In this new role, Mr. Skurbe will leverage his over 25 years of broad financial services experience, which has included investment management, risk management, capital markets, operational, and financial responsibilities, to oversee strategic and operational initiatives across Westaim's platform. Nikita Klassen will join Westaim as Chief Financial Officer, where she will be responsible for leading all financial and control processes for the Company. “By deepening our financial, strategic, and operating capabilities, thes...

TORONTO--(BUSINESS WIRE)--The Westaim Corporation (“Westaim” or the “Company”) announces that it has granted an aggregate of 1,578,258 stock options (the “Options”) and 124,812 restricted share units (the “RSUs”) under the Company's long-term equity incentive plan (as amended and restated, the “LTIP”). The Options were granted to certain officers of the Company's affiliate, Ceres Life Insurance Company (“Ceres Life”), and the RSUs were granted to an officer of Ceres Life. The Options have an exercise price equal to C$26.53 per common share, being the Market Price (as defined in the LTIP) on the date of grant. The Options are subject to time-based vesting and performance-based vesting conditions (including operational metric-based vesting and a price target-based vesting condition), all as more particularly described in the applicable award agreements. The Company also granted an aggregate of 124,812 RSUs to an officer of Ceres Life, which RSUs vest in tranches over a multi-year p...

Um den gesamten Artikel unter seekingalpha.com zu lesen, klicken Sie bitte auf die Überschrift...

TORONTO--(BUSINESS WIRE)--The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that the TSX Venture Exchange (the “Exchange” or “TSXV”) has accepted a notice (the “Notice”) filed by the Company of its intention to make a normal course issuer bid (the “NCIB”). In connection with the NCIB, the Company entered into an automatic share purchase plan (an “ASPP”) with TD Securities Inc. (“TD”) to allow for purchases of its common shares (the “Shares”). In connection with the commencement of the NCIB, the Company will terminate its current normal course issuer bid (the “Terminated NCIB”) which commenced on April 1, 2025. The Notice provides that the Company may, during the 12-month period commencing January 1, 2026 and ending December 31, 2026, or on such earlier date as Westaim completes its purchases or provides notice of termination, purchase up to 1,892,373 Shares in total, representing approximately 10% of Westaim's public float of S...

NEW YORK, Nov. 24, 2025 /PRNewswire/ -- The Westaim Corporation ("Westaim" or the "Company") (TSXV: WED), today announces the appointment of Andrew Rabinowitz as President and General Counsel of Arena Investors Group Holdings ("AIGH"). The appointment follows Westaim's strategic......

Um den gesamten Artikel unter seekingalpha.com zu lesen, klicken Sie bitte auf die Überschrift...

NEW YORK--(BUSINESS WIRE)--The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announces its unaudited interim financial results for the quarter ended September 30, 2025. Westaim recorded a net loss attributable to controlling interests of $11.7 million ($0.35 diluted loss per share) for Q3 2025 compared to a net loss of $1.2 million ($0.05 diluted earnings per share) for Q3 2024. “Westaim continued to develop its integrated asset management and insurance platform during the third quarter, most notably with the Ceres launch of multi-year guaranteed annuities (“MYGA”) through our distribution partnerships in mid-September. Importantly, Ceres' technology and service platform is performing very well, receiving positive reviews from active agents for its efficiency and quick responsiveness to policy purchases, transfer activities, commission payments, and ongoing reporting. Ceres has continued to onboard significant active agents after September 30, 2025, and their distributi...

Um den gesamten Artikel unter seekingalpha.com zu lesen, klicken Sie bitte auf die Überschrift...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. Implementation of strategic transformation underway following closing of CC Capital transaction Ceres products received regulatory approvals in 43 states plus the District of Columbia Ceres received AM Best Financial Strength Rating of B++ Arena reported $1.2 billion in new AUM and Programmatic Capital in Q2 NEW YORK--(BUSINESS WIRE)--The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announces its unaudited interim financial results for the quarter ended June 30, 2025. Westaim recorded a net loss attributable to controlling interests of $0.2 million ($0.01 diluted loss per share) for Q2 2025 compared to a net loss of $17.1 million ($0.80 diluted earnings per share) for Q2 2024. AUM and Programmatic Capital1 for the Asset Management segment grew by $1.2 billion during Q2 2025, inclusive of the previ...

SE0022060513 SE0022087649 SE0022239950 SE0022574331 SE0022726311 SE0022726485 SE0023287339 SE0023440557 SE0023440763 SE0023467162 SE0023468400 SE0023469200 SE0023595459 SE0025010671 SG1I77884290 SG1J26887955 SG1Q02920318 SG1T74931364 SG2F24986083 SGXE83751573 SGXE91187273 US0512761034 US36268T2069 US37960G4010 US67575Y1091 US9569251013 VGG0103J1075 VGG118701058 VGG3036T1012 VGG4001R1047 VGG4164C1005 VGG4392T1075 ZAE000259701...

Um den gesamten Artikel unter seekingalpha.com zu lesen, klicken Sie bitte auf die Überschrift...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.TORONTO--(BUSINESS WIRE)--The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced that it has agreed to provide approximately AUS$154 million (US$100 million) (the “Capital Commitment”), subject to reduction, to finance the proposed acquisition by CC Capital and One Investment Management (together, Daintree Bidco Pty Ltd (“Bidco”)) of Insignia Financial Ltd (“Insignia”) (ASX: IFL), Australia's leading diversified wealth management group with over AUS$330 billion in funds under management and advice. Cameron MacDonald, President and Chief Executive Officer of Westaim, stated: “Over the past year, we have embarked on a thoughtful transformation of Westaim designed to accelerate our growth, including investing in established, profitable businesses that align closely with our long-ter...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.TORONTO--(BUSINESS WIRE)--The Westaim Corporation (“Westaim”) (TSXV: WED) is pleased to announce that “AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) to Ceres Life Insurance Company (“Ceres Life”) (Austin, TX). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Ceres Life's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).” Source: AM Best. For more information, visit AM Best's announcement of the ratings. About Westaim Westaim is an integrated insurance and alternative asset management company with two primary operating businesses: Ceres Life and Arena. Ceres Life is a clou...

OLDWICK, N.J.--(BUSINESS WIRE)--#insurance--AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) to Ceres Life Insurance Company (Ceres Life) (Austin, TX). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Ceres Life's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). Ceres Life's initial balance sheet strength assessment is supported by its strongest level of risk-adjusted capitalization, as measured by Best's Capital Adequacy Ratio (BCAR). The company's projected investment allocation is expected to reflect a diversified mix of primarily fixed income securities, managed by Arena Investors, LP, a subsidiary of The Westaim Corporation. Additionally, Ceres Life's growth will be supported by capital contributions from its publicly traded parent, The Westaim Corporatio...

Um den gesamten Artikel unter seekingalpha.com zu lesen, klicken Sie bitte auf die Überschrift...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. Note: All dollar amounts in this press release are expressed in U.S. dollars, except as otherwise noted. The financial results are reported under International Financial Reporting Standards (“IFRS”), except as otherwise noted. NEW YORK--(BUSINESS WIRE)--The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced its unaudited interim financial results for the quarter ended March 31, 2025. Westaim recorded a net loss of $7.4 million ($0.34 diluted loss per share) for Q1 2025 compared to a net profit of $23.3 million ($1.02 diluted earnings per share) for Q1 2024. At March 31, 2025, Westaim's consolidated shareholders' equity was $490.0 million and the Company had 21,706,501 common shares (“Common Shares”) outstanding. Book value per fully diluted share1 was $22.56 (C$32.43) at March 31, 20...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO--(BUSINESS WIRE)--The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) is pleased to announce that it has made a capital contribution in the amount of US$350 million (the “Capital Contribution”) to Salem Group Partners, LP (the “Partnership”) following receipt by the Company of a draw down notice for such amount pursuant to the terms of the limited partnership agreement of the Partnership. The proceeds from the Capital Contribution are intended to fund the operations of Ceres Life Insurance Company (“Ceres Life”), an advantaged, cloud-native and scalable annuity platform. “This capital contribution to the insurance platform of our integrated business is a critical step in our preparation to launch Ceres Life insurance operations,” said Cameron MacDonald, President and Chief Executive...