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  • Insurers absorbed $20bn in claims from natural and man-made catastrophes in the first half of 2013, down from $21bn in the same period of 2012 and below the average for the last 10 years, according to Swiss Re
  • Hannover Re and buyout firm Cinven have agreed to pay £250mn ($390mn) in cash for Heidelberger Leben, the German life insurance arm of bailed-out UK lender Lloyds Banking Group
  • Australian bancassurer Suncorp said its half-year profit fell by a third, held back by loss-making disposals aimed at turning around its banking operation.
  • National General Holdings Corporation (NGHC) has outlined plans to obtain a public listing for its shares on the Nasdaq in a filing with the Securities and Exchange Commission (SEC).
  • QBE's previously fast-growing North American business shrunk in the first half of 2013 and reported deteriorating underwriting performance.
  • Willis' controversial London-wide facility, Willis 360 Global, is a credit negative for Lloyd's market participants because the incremental capacity flowing from the arrangement will negatively impact premium rates, said Moody's.
  • Hannover Re has confirmed it is interested in buying a minority stake in German life insurer Heidelberger Leben from Lloyds Banking Group for a figure less than EUR100mn
  • QBE, Australia's biggest insurer, reported a steeper-than-expected 37 percent slump in its half-year profit, reflecting a jump in prior year claims and a deteriorating investment performance.
  • Just weeks after leaving Willis Joe Plumeri has reemerged at the broker's one-time owner Kohlberg Kravis Roberts & Co (KKR) as a senior advisor.
  • Aon Benfield and Jardine Lloyd Thompson (JLT) have passed on the chance to participate in the formal sale process for the world's fourth-biggest reinsurance broker Towers Watson, The Insurance Insider understands.