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  • Lloyd's reported its highest first-half profits since 2007 as "respite" from significant cat events and the highest reserve releases reported in years helped to offset barren investment markets
  • Ratings agency Fitch has revised its outlook on Axa's AA- insurer financial strength rating from stable to negative citing concerns about the group's ability to improve its profitability.
  • Paris-headquartered global reinsurer Scor has increased the size of its recent issuance of perpetual subordinated notes by SwF65mn ($69mn) to SwF315mn ($336mn), following strong market demand
  • A New York court has issued a preliminary injunction against former Aon executive Peter Arkley, after he jumped ship with 60 other staff members to California-based rival Alliant last year
  • 2012 M&A transactions
  • Valuations for (re)insurers in The Insurance Insider's P&C universe
  • Weekly share price movements and key data on The Insurance Insider's universe of P&C (re)insurers and brokers
  • Up-for-sale run-off acquirer and (re)insurance services provider Tawa reminded potential suitors that it remains a work-in-progress after reporting a first-half loss of $6.5mn.
  • Berkshire Hathaway has joined with Torus's existing backers First Reserve and Corsair to inject an estimated $80mn-$100mn into the global specialty insurer, The Insurance Insider can reveal.
  • American Agricultural is set to dismantle the complex master-slip arrangement that it has used for many years to cede hundreds of millions of dollars of cat premium from its Farm Bureau reinsureds into the international market, The Insurance Insider understands