Pope Francis’ death sparks betting frenzy over successor
Shortly after Pope Francis died, speculation on who would succeed him became “one of the most popular betting markets in 2025,” an analyst says.
May 2025
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Everest names Steve Reiss as Northeast Regional Executive for insurance division
Everest, a provider of reinsurance and insurance solutions, has named Steve Reiss as the US Northeast Regional Executive for Everest Insurance. In this role, Reiss will be responsible for overseeing performance and client service across the Northeast region. He will report to Craig Hanrahan, Head of Field Operations Insurance, based in New York. Reiss brings…
Massive Russian strike on Ukraine’s capital kills several, injures dozens
A massive Russian attack on Kyiv that killed several people and injured dozens came hours after peace talks appeared to stall and President Trump lashed out at Ukrainian President Zelenskyy.
NATO fighter jets intercept Russia spy plane over Baltic Sea
The incident marked at least the third time in a week that Russian aircraft had been intercepted in the region.
Compre posts $128.5m net loss in 2024 amid lower deal volume
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…
Tens of thousands file past Pope Francis’ coffin at the Vatican
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’ Credit & Political Risk re/insurance team to join SRG
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 retaliates against Pakistan after Kashmir attack kills 26
India’s External Affairs Ministry said the Indus Water Treaty will be suspended after an attack in Kashmir left over two dozen dead.
3/20: CBS Morning News
President Trump to sign executive order to begin dismantling the Department of Education; Conservative environmental activist launches “Nature is Nonpartisan” non-profit.
WTW sees net income hit $239m in Q1’25
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…