(Reuters) – Axa XL, a division of French insurer Axa SA, is reducing cover offered to aviation companies as it seeks to protect the multibillion-euro business after heavy Ukraine-linked losses, two underwriting and broking sources explained to Reuters. One of the top rated 10 players in global aviation insurance, Axa XL is pulling back from underwriting threat on so-called war cover, the sources reported, reducing possibilities for airline […]

(Reuters) — The Transportation Security Administration will introduce polices that compel the most critical U.S. railroad and aviation operators to enhance their cybersecurity processes, Homeland Protection Secretary Alejandro Mayorkas stated Wednesday. The impending modifications will make it necessary for “increased-risk” rail transit organizations and “significant” U.S. airport and plane operators […]