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Greenlight Re hires Vezina as head of underwriting analytics
By Isha MaratheMay 1 - (The Insurer) - Cayman Island-based Greenlight Re has appointed Martin Vezina as head of underwriting analytics, effective immediately. Vezina has more than 30 years of experience in the industry. Most recently, he served as CEO of Zero-Beta Advisors. Before that, he held und...Reuters
Thu, May 1
Badminton-Japan and Indonesia top their groups at Sudirman Cup
XIAMEN, China, May 1 (Reuters) - Japan's Nami Matsuyama and Chiharu Shida beat Malaysia's Pearly Tan and Thinaah Muralitharan 21-18 18-21 21-18 in the women's doubles to take the country to the top of Group C with a 3-2 victory at the Sudirman Cup on Thursday.Both teams have already book...Reuters
Thu, May 1
US never confirmed its participation in fourth round of Iran talks on Saturday - source familiar
May 1 (Reuters) - The United States never confirmed its participation in a fourth round of Iran talks on Saturday in Rome, a source familiar said on Thursday after reports said the negotiations were postponed. The source told Reuters that the timing and venue of the next round of talks have yet to b...Reuters
Thu, May 1
Exclusive: Corvus' CISO Rebholz leaving Travelers-owned insurtech
By James ThalerMay 1 - (The Insurer) - Corvus’ chief information security officer Jason Rebholz is leaving the Travelers-owned insurtech after four years with the company, marking the second notable cyber departure from Travelers this week, senior cyber sources told Cyber Risk Insurer.Earlier this w...Reuters
Thu, May 1
Holmes Murphy's IPS partners with Liberty Mutual on tunnel car wash operator program
By Isha MaratheMay 1 - (The Insurer) - Holmes Murphy's MGA platform Innovative Program Solutions has partnered with Liberty Mutual to launch an all-lines program for tunnel car wash operators, focused on driving down the total cost of car wash risks.Features of the program include comprehensive...Reuters
Thu, May 1
Power equipment maker Hubbell misses profit expectations on high raw material costs
May 1 (Reuters) - Electrical equipment maker Hubbell HUBB.N reported a lower-than-expected first-quarter profit on Thursday, hurt by softening demand from grid automation, elevated raw material costs and tariff-related headwinds that eroded its margins.The company, however, increased its 2025 sales ...Reuters
Thu, May 1
US House votes to bar California 2035 electric vehicle plan
WASHINGTON, May 1 (Reuters) - The U.S House of Representatives voted Thursday to bar California's landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states.The House backed legislation to repeal a waiver granted by the U.S. Environmental Protection ...Reuters
Thu, May 1
Hundreds of UN staff in Swiss city protest job cuts triggered by Trump
By Emma Farge and Cecile Mantovani GENEVA, May 1 (Reuters) - Hundreds of U.N. staff protested outside the United Nations' European headquarters on Thursday at job losses within the global body due to major aid cuts by U.S. President Donald Trump and other donors.Switzerland's Geneva, whic...Reuters
Thu, May 1
Trump officials expect Ukraine's parliament to ratify minerals deal in next week
WASHINGTON, May 1 (Reuters) - Ukraine's parliament is expected to ratify the U.S.-Ukraine minerals deal, which was signed on Wednesday, within a week, senior Trump administration officials told reporters on Thursday.They added that the Ukraine deal could be a model for other international agreem...Reuters
Thu, May 1
CANADA RESEARCH ROUNDUP-CGI, Ia Financial Corporation, Loblaw Companies
May 1 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including CGI, Ia Financial Corporation and Loblaw Companies, on Thursday. HIGHLIGHTS * Badger Infrastructure Solutions Ltd BDGI.TO: CIBC raises target price to C$53 from C$52* CGI Inc ...Reuters
Thu, May 1
Bond market thinks Fed should cut rates, Treasury's Bessent says
Bessent notes growing spread between Treasury yields and Fed's rateTwo-year yields are a bond market proxy for Fed expectationsBessent says his focus is more on 10-year yieldsBy Susan Heavey WASHINGTON, May 1 (Reuters) - The bond market is sending a signal that the Federal Reserve should be c...Reuters
Thu, May 1
Everest did not renew 50% of casualty insurance premium up for renewal in Q1
By Michael LoneyMay 1 - (The Insurer) - Everest Group did not renew half of the casualty insurance premium up for renewal in the first quarter as its remediation of the business continued, while its casualty pro rata premium shrank almost 22% amid “unjustifiably sticky” ceding commissions.After mark...Reuters
Thu, May 1
Thomson Reuters maintains 2025 financial forecasts amid economic turmoil
Q1 organic revenue growth 6%; sees rise of around 7% in Q2Q1 adjusted EPS $1.12 vs forecast $1.05Keeps FY guidance, including organic revenue growth of 7%-7.5%Maintains 2026 organic revenue growth targetBy Kenneth Li NEW YORK, May 1 (Reuters) - Thomson Reuters TRI.TO on Thursday confirmed 2025 fi...Reuters
Thu, May 1
KKR CFO Says There Are No Changes To Capital Raising Targets - Conference Call
May 1 (Reuters) - KKR & Co Inc KKR.N:KKR CFO ROB LEWIN SAYS 90% OF PRIVATE EQUITY AUM HAS LIMITED OR NO DIRECT IMPACT FROM TARIFFS - CONF CALLKKR CFO SAYS THERE WILL BE POCKETS OF EXPOSURE IN CREDIT PORTFOLIOKKR CFO SAYS BETTER POSITIONED FOR REALIZATION ACTIVITYKKR CFO SAYS THERE ARE NO CHANGES...Reuters
Thu, May 1
L3Harris working on interim Air Force One sought by Trump -- source
By Mike Stone and David Shepardson WASHINGTON, May 1 (Reuters) - The U.S. government has tapped defense contractor L3Harris Technologies LHX.N to overhaul a Boeing 747 formerly used by the Qatari government for use as an interim Air Force One, a source told Reuters. President Donald Trump, fru...Reuters
Thu, May 1
Mastercard CEO Michael Miebach Says Fundamentals That Support Consumer Spending Have Been Solid
May 1 (Reuters) - Mastercard Inc MA.N:MASTERCARD CEO MICHAEL MIEBACH SAYS FUNDAMENTALS THAT SUPPORT CONSUMER SPENDING HAVE BEEN SOLIDMASTERCARD CEO SPEAKING ON CONFERENCE CALLMASTERCARD CHIEF FINANCIAL OFFICER SACHIN MEHRA SAYS SAW HEALTHY CONSUMER AND BUSINESS SPENDING IN Q1MASTERCARD CEO SAYS DON&...Reuters
Thu, May 1
US-Iran talks planned for May 3 postponed for logistical reasons, Omani foreign minister says
May 1 (Reuters) - Oman said on Thursday that the next round of U.S.-Iran nuclear talks provisionally planned for Saturday, May 3 would be rescheduled for logistical reasons. Washington and Tehran have been conducting negotiations over the past month on a deal to curb Iran's nuclear programme...Reuters
Thu, May 1
Harley-Davidson CEO Planning To Introduce New Entry Level Models With Smaller Displacement- Conf. Call
May 1 (Reuters) - Harley-Davidson Inc HOG.N:HARLEY-DAVIDSON CEO: PLANNING TO INTRODUCE NEW ENTRY LEVEL MODELS WITH SMALLER DISPLACEMENT- CONF. CALLHARLEY-DAVIDSON CEO: ALL SIGNS POINT TO SLOWER THAN ANTICIPATED EV ADOPTIONHARLEY-DAVIDSON CEO: EVALUATING ALL OPTIONS FOR LIVEWIRE, INCLUDING THIRD PART...Reuters
Thu, May 1
