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  • The electronic placing platform for the London market faces delays due to brokers and underwriters raising functionality concerns, The Insurance Insider understands.
  • Profit forecasts for Names-backed Lloyd's syndicates in the 2013 year of account (YoA) improved during the second quarter as the 2014 YoA suffered some deterioration.
  • The second quarter of this year demonstrated one thing as far as (re)insurers' investment portfolios were concerned: that mark-to-market accounting can hit the bottom line hard if rates move suddenly.
  • The London specialty carriers that report full results have accelerated top-line growth into a market that is suffering from significant rate softening.
  • The London specialty insurers shaved 10 basis points off their combined ratios to deliver another strong half-year underwriting performance as they continued to benefit from a benign loss environment.
  • The California Earthquake Authority (CEA) plans to cut its budget for reinsurance broking services by more than a third, according to agenda documents from a meeting of the company's board held last week.
  • Lancashire shifted its non-marine retro programme away from aggregate cover this year in favour of a reinstatable, per-occurrence cover, according to a recent investor presentation released by the reinsurer.
  • Singapore-based reinsurer Asia Capital Re (ACR) has parted ways with its CEO Reto Brosi just weeks after the Tianjin loss.
  • Qatar Re, the reinsurance arm of Qatar Insurance Company (QIC), has announced plans to move its operating company to Bermuda from its Middle East base.
  • Tissot Scor COO; China Re IPO; Erika exits, Fred forms; Buyback Mountain; Charles Taylor profits; S&P: Warren wagon crowded; Blame Canada (for cat losses); Integro buys med-mal; Turner given the Pen; Generalissimo; Workers' pomp; Endurance names Lloyd's leadership; Citizens plans rate hike; AmTrust Doré offer; In Axis and PartnerRe we trust