Global Indemnity Group reported a Q1 2026 operating income of $8.3 million, reversing a loss from the previous year, driven by a 5.4% increase in net earned premiums and a stable combined ratio of 94.9%. The company’s underwriting income grew 4% excluding wildfire impacts, reflecting solid underwriting performance and disciplined pricing despite competitive market conditions. Investment income declined slightly due to market factors but is expected to recover. The company maintains a strong capital position with $700.1 million in shareholders' equity and continues to return value to shareholders through dividends and share repurchases.
Autonomize, a healthcare AI platform, has strengthened its leadership by appointing three industry veterans to its Advisory Board and hiring Mike Longacre as Head of Transformation. These moves aim to help healthcare organizations move beyond AI pilo...
Fairfax Financial Holdings has finalized its acquisition of Kennedy-Wilson Holdings at $10.90 per share in cash, led by a consortium including Kennedy Wilson's CEO William McMorrow and affiliates of Fairfax. The Kennedy Wilson management team retains...
Aya Gold & Silver Inc., a Canadian precious metals mining company operating in Morocco, will be added to the VanEck Gold Miners ETF (GDX) effective June 19, 2026. This inclusion marks a significant milestone reflecting the company's growth in product...
Nephros, Inc. emphasizes its ultrafiltration technology's ability to capture microplastics and nanoplastics in water, following the U.S. EPA's April 2026 decision to list microplastics as a priority contaminant under the Safe Drinking Water Act. The ...
After the US and Iran reached a deal expected to reopen the Strait of Hormuz, the world's largest tanker owner, Mitsui OSK Lines, cautions that shipping companies will wait for proof the agreement works before resuming normal traffic. The strait is c...
