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  • Loss creep from the 2011 Thai floods dragged on Allianz's P&C book at the second quarter, although its life, health and asset management units all performed strongly
  • The Navigators Group became the latest in a string of US and Bermudian (re)insurers to outperform Wall Street expectations as it booked operating earnings of $12.5mn for the second quarter.
  • AIG trumped Wall Street forecasts with after-tax operating profits of $1.9bn that were up from $1.2bn in the second quarter of 2011.
  • The US taxpayer may soon become a minority shareholder in American International Group (AIG) if the insurance giant accelerates its share buybacks, according to analysts that cover the stock
  • Legacy heavyweight Enstar has agreed two run-off transactions that will add total assets of more than $230mn to its balance sheet, the Bermudian firm disclosed in its second quarter accounts
  • Generali reported a 4.5 percent rise in net profit to EUR842mn for the half-year as the company's life operating results outpaced a dip in non-life profit
  • RenaissanceRe CEO Neill Currie says the influx of collateralised capital into the reinsurance markets can help reinsurers
  • The Hartford incurred a $587mn loss in the second quarter from paying off debt, with the firm's net result pulled down to a $101mn loss
  • RSA reported a 38 percent slide in net profit before tax to £233mn for the half-year as UK weather losses and Italian quake claims hit the UK-listed insurer's underwriting result
  • Better-than-expected premium growth and "strong" underlying profitability at Lloyd's (re)insurer Chaucer was cited as a driver in The Hanover Group's modest beat of Q2 earnings forecasts.