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Earnings beat propels Everest Re to 5% gain

Everest Re shares jumped as much as 5.4 percent in New York trading today after the company easily beat Wall Street’s first-quarter earnings expectations as revenue rose while costs fell.

Matthew Neill, 25 April 2017
Kemper latest victim of US cat losses

New York-listed insurer Kemper Corporation has become the latest carrier to surprise investors with higher-than-expected first quarter cat losses as it warned major claims could cost as much as $70mn for the period.

Dan Ascher, 25 April 2017
FM Global chooses Luxembourg for EU base

Property insurance mutual FM Global has picked Luxembourg to house a new continental European hub after the UK's vote to leave the European Union last year

Matthew Neill, 25 April 2017
Vertafore adds RiskMatch as a standalone unit

Brokerage software and services provider Vertafore has acquired InsurTech start-up RiskMatch, which will become an operating unit within its new owner

Ted Bunker, 25 April 2017
Liberty Specialty hires Sutherland to lead liability

Stuart Sutherland, UK head of casualty at AIG, has resigned to become head of casualty at Liberty Specialty Markets (LSM), The Insurance Insider can reveal.

Adam McNestrie, 25 April 2017
Opinion: French election

The markets had a nice morning yesterday, with stocks surging. For the first time in almost a year investors passed a major political milestone that seemed to bring greater rather than reduced certainty

Matthew Neill, 25 April 2017
Towergate confirms staff facing more job cuts

Towergate has put 133 staff on notice that they may lose their jobs, as the UK personal lines broker's restructuring efforts continue.

Bernard Goyder, 25 April 2017
Insider 50 edges higher after rocky week

The Insider 50 index of (re)insurance stocks rose 0.57 percent week-on-week amid news of unexpectedly high first-quarter catastrophe losses and a surprise UK election

Bernard Goyder, 25 April 2017
CEO remuneration: brokers, US specialty, US large-cap

CEO pay at The Insurance Insider's broker, US specialty and US large-cap composites

25 April 2017
London ILS framework delayed until after election

The final regulations for London's insurance-linked securities (ILS) hub have been delayed until after the UK general election on 8 June

Fiona Robertson, 25 April 2017

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