Bermuda-domiciled legacy reinsurer Compre Group Holdings Limited (Compre) has posted a net loss post tax of $128.5 million in its full-year 2024 results, compared to a profit of $279.4 million in 2023. The loss was driven by an 18% year-over-year decline in global deal volume, the natural unwinding of discounted liabilities, and the materialisation of…
So many mourners lined up to pay their respects to Pope Francis that the Vatican kept St. Peter’s Basilica open all night to accommodate them.
Tysers, an independent Lloyd’s broker and member of the Australian AUB Group, and Specialist Risk Group (SRG) have reached an agreement for Tysers’ Credit & Political Risk re/insurance team to join SRG. The goal of this agreement is for the Credit & Political Risk team to move from Tysers to SRG, bringing their market-leading expertise,…
India’s External Affairs Ministry said the Indus Water Treaty will be suspended after an attack in Kashmir left over two dozen dead.
President Trump to sign executive order to begin dismantling the Department of Education; Conservative environmental activist launches “Nature is Nonpartisan” non-profit.
WTW has reported a net income of $239 million for Q1 2025, up from $194 million in Q1 2024, although revenue declined by 5% to $2.2 billion due to the sale of TRANZACT to GTCR and Recognize in Q4 of 2024 for $632.4 million. Meanwhile, the advisory, broking and solutions company’s adjusted EBITDA for Q1…
President Trump’s meme coin had lost 88% of its value. But an offer of dinner with the president helped boost its price on Wednesday.
John Moe The, who has a TikTok following of more than 300,000, forecast that a “very strong” quake would hit “every city in Myanmar.”
S&P Global Ratings has affirmed its ‘A+’ long-term insurer financial strength and issuer credit ratings on the core operating entities of the Switzerland-based insurance groups Helvetia and Baloise. The credit rating agency also affirmed the ‘A-‘ long-term issuer credit rating on Baloise Holding AG, as well as Helvetia Global Solutions Ltd’s ‘A’ long-term insurer financial…
The Jalisco New Generation cartel was designated a terrorist organization by U.S. President Donald Trump in February.