Cartel accused of paying members $3,500 for “dead police officers”
Colombia’s president has accused the Gulf Clan of devising a strategy to “systematically murder” members of the security forces.
Day: May 6, 2025
SiriusPoint maintains underwriting profit streak and posts $58m net income in Q1’25
SiriusPoint Ltd., a provider of re/insurance services, has announced strong results for the first quarter of 2025, continuing its streak of underwriting profitability, with underwriting income of $29 million for the quarter, compared with $44 million in Q1 2024. The combined ratio for the Core business was 95.4%, reflecting a slight increase from the previous […]
Appeals court to consider whether detained students should be moved
A federal appellate panel will hear arguments on where and whether Mohsen Mahdawi and Rumesya Ozturk should be detained as cases challenging their confinements proceed.
Carney to meet Trump, vowing to stand firm against president
This is Mark Carney’s first meeting with Trump since he succeeded Justin Trudeau as Canadian prime minister.
GI Partners, industry veterans Emmons & Hanuschak launch tech-driven MGA platform
Private investment firm GI Partners, in collaboration with insurance industry veterans Brad Emmons and Brian Hanuschak, has launched a new tech-enabled Managing General Agency (MGA) platform that will focus on acquiring and growing a diversified portfolio of MGAs across numerous lines. The new platform’s strategy centres on “underwriting excellence, technology-driven operations, and a strong service […]
The Fidelis Partnership appoints Peter Welton as Head of Specialty
The Fidelis Partnership (TFP), a privately owned, Bermuda-domiciled managing general underwriter, has appointed Peter Welton as its new Head of Specialty. In the role, Welton will report to John-Paul O’Hare, TFP’s Director of Underwriting. He takes on responsibility for supporting the continued growth of TFP’s leading specialty offering focusing on aviation, space and energy re/insurance […]
A.J. Gallagher to enhance brokerage capabilities in Türkiye with Aspera acquisition
Arthur J. Gallagher & Co. has acquired Aspera Sigorta ve Reasürans Brokerliği A.Ş. (Aspera), an insurance and reinsurance brokerage firm based in Istanbul, Türkiye, in an undisclosed transaction. Aspera specialises in clients operating in sectors including energy & power, industrial property, financial lines, construction, and aviation & space. Founding partner Evrim Özkoç and the broking […]
HIV testing and outreach falter as Trump funding cuts sweep the South
A disruption in federal funds has jeopardized HIV testing and outreach in Mississippi, and researchers warn of a resurgence of the epidemic in the South.
Crews searching for 10-year-old girl swept away by Texas floodwaters
Rescue crews in Brenham, Texas were searching for a 10-year-old girl swept away by rapidly rising floodwaters as forecasters warned of more bad weather on the way.
BoE updated supervisory expectations to strengthen climate risk management for insurers
As economic and insurance exposures in high-risk regions are likely to increase with climate change, impacting banks’ and insurers’ ability to support clients, the Bank of England has updated its supervisory expectations to help guide these firms in managing climate-related financial risks. In recent years, the world has faced a number of natural disasters that […]