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  • Moody's has placed a negative outlook on Japan's "big three" insurers Tokio Marine and Nichido fire (Tokio Marine), Nipponkoa Sompo (NKSJ) and Mitsui Sumitomo & Aioi Nissay Dowa (MS&AD).
  • It was a mixed bag as the big three global brokers announced their third-quarter results last week.
  • CNA falls to Q4 loss Chicago-based insurer CNA Financial posted a fourth quarter net loss of $217mn, or 92 cents per share, down from a net profit of $303mn, or $1.11 per share, in 2004. The company was hit by $223mn in commuted reinsurance...
  • The overall colour coding for Lloyd's insurers has deteriorated following the completion of another key date in the Corporation's Solvency II implementation programme, The Insurance Insider understands.
  • Second quarter results have once again demonstrated that the choice of accounting methodology can have a significant impact on a (re)insurer's bottom line.
  • XL Capital has posted a first quarter profit on a dramatic improvement in realised investment losses, and despite an 11 percentage point deterioration in its loss ratio from Q1 catastrophes.
  • Deutsche Rück has scheduled an 18 May creditors' meeting to test the waters for approval of its solvent scheme of arrangement.
  • The longevity swap market is "poised to grow" to £5-10bn in several years...
  • UK legacy manager and service provider Randall & Quilter (R&Q) said in a trading statement today (9 August) that it expects profits for the first half of the year to be "materially ahead of market expectations", after reaping higher rewards from the reinsurance to close (RITC) of Syndicate 3330.
  • Shares in run-off (re)insurance group Alea Group Holdings rose this morning after the company announced better than expected full-year results.