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The Insider 50 outpaces the wider market

The Insider 50 advanced by 0.3 percent to 1,088.94 index points in the first full trading week of June, marking a new high since the inception of the index at the end of last year.

Iulia Ciutina, 13 June 2017
World Bank launches pandemic bond

The World Bank’s International Bank for Reconstruction and Development (IBRD) is targeting $100mn from its first pandemic cat bond, which forms part of plans to raise a larger pandemic financing facility.

Sofia Gerghty, 13 June 2017
Hudson Structured targets further workers’ comp deals

Michael Millette’s Hudson Structured Capital Management said it hoped to do further transactions with Bermudian reinsurance platform MultiStrat after completing a $20.1mn run-off deal linked to workers' compensation liabilities.

Fiona Robertson, 13 June 2017
ProSight run-off a symptom of Lloyd’s malaise

ProSight's unhappy innings at Lloyd's is drawing to an end, with the US program insurer's decision to place its syndicate into run-off set to prompt a new round of self-examination for the troubled marketplace.

Adam McNestrie, 13 June 2017
Airmic warns about facilities conflicts

The use of facilities in the commercial insurance market risks creating a "conflict of interest", according to a report by UK risk managers' association Airmic.

Bernard Goyder, 13 June 2017
Insurance Act implementation ‘inconsistent’: Airmic CEO

The Insurance Act has been implemented inconsistently and in a way that is sometimes contrary to the spirit of the legislation, according to the outgoing CEO of UK risk manager trade body Airmic.

Bernard Goyder, 13 June 2017
Global cyber reinsurance market sized at $525mn

The global cyber reinsurance market hit approximately $525mn of premium in 2015, according to a study by Aon.

Catrin Shi, 13 June 2017
Centerbridge vies for motor insurer Sabre

Private equity house Centerbridge, which has minority backing from the Qatar Insurance Company (QIC), is among the bidders for UK motor insurer Sabre, The Insurance Insider understands.

Adam McNestrie, 13 June 2017
Swiss Re Corporate Solutions names Australasia head

Swiss Re Corporate Solutions has appointed Melanie Slack as CEO for Australia and New Zealand.

Catrin Shi, 13 June 2017
Everest Re added to S&P 500

Everest Re has joined the likes of Chubb, XL Group and Berkshire Hathaway as a member of the Standard & Poor's 500 index.

Dan Ascher, 13 June 2017

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