AXIS Capital announced a net income of $247 million for Q1 2026, a 33% increase from the previous year, driven by an 11% rise in gross premiums to $3.1 billion and improved underwriting income of $187 million. The company maintained a strong combined ratio of 89.8% and a 17.7% annualized operating return on average common equity, reflecting profitable growth and operational efficiency. AXIS's insurance segment grew 20% in premiums, supported by new business lines and AXIS Capacity Solutions, while reinsurance premiums slightly declined. The company plans to continue leveraging innovation and strategic investments to sustain growth.
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
Bitcoin (BTC) is showing signs of recovery after a prolonged downtrend, breaking above its 26-day and 50-day exponential moving averages (EMAs) near $63,400 and $64,100 respectively. This technical rebound suggests strengthening short-term momentum a...
ETHSystems, a new Ethereum-focused non-profit backed by Bitmine Immersion Technologies and Ethereum co-founder Joe Lubin, aims to enhance privacy on the Ethereum network for institutional use. This marks the third non-profit stepping in as the Ethere...
Lockheed Martin Ventures, the $1 billion venture capital arm of Lockheed Martin, is expanding into the UK and Europe with a new London office. It plans to invest at least $100 million in defense technology startups to strengthen transatlantic defense...
