Bermuda-based insurer and reinsurer AXIS Capital Holdings has reported an improved combined ratio of 90.2% for the first quarter of 2025, up 0.9 points on the prior year, with stronger underwriting income in both its insurance and reinsurance segments. AXIS has reported a strong set of results for the opening quarter of 2025, although Group…
Transatlantic Underwriters (TAU), a specialty insurance firm known for its focus on the transportation sector, is expanding its services with the introduction of a Property & Casualty (P&C) division. This strategic move broadens TAU’s capabilities beyond transportation while reinforcing its commitment to that core market. The new division will offer six lines of business: Commercial…
As Israel’s renewed strikes kill hundreds in Gaza, a retired Israeli general says the assault will mean “more hostages dead,” too.
Sonya McKnight was taken away in handcuffs after the trial judge rejected a defense request that she be released. She faces up to 60 years in prison.
Neighbors could not hear guns going off because of the depth of the range, police said.
Global reinsurer Hannover Re has announced the promotions of Soeren Kruse, Niall Mulvey, and Raphael Rimelin within its Life & Health (L&H) division, led by Claude Chèvre and Brona Magee. Kruse has been named Head of L&H, Southern & Eastern Asia. He has been with Hannover Re for 11 years, holding various leadership roles, including…
Health and Human Services Secretary Robert F. Kennedy will cut 3,500 jobs from the Food and Drug Administration and 2,400 from Centers for Disease Control.
President Trump has claimed credit for some of the stock market’s highs, but later blamed former President Joe Biden for the disappointing gross domestic product data that appeared to indicate a shrinking U.S. economy during the first quarter of 2025. CBS News’ Weijia Jiang explains.
This slideshow examines how cost and insurance affects people’s access to care, including decisions to forgo or delay needed care and access to a usual source of care.
Gallagher has launched a new Risk Advisory practice for the Middle East and Africa (MEA) region with the appointment of Stephen Scott as its Head. In his new role he will bring together Gallagher’s global consulting and analytic capabilities with a regional team to deliver local tailored solutions. As part of the recently created Client…