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  • Dedicated Lloyd's motor underwriter Equity Syndicate 218 came fairly close to breakeven in 2011, a year after making a £499mn loss.
  • The latest annual syndicate results from the 2007/08 trio of privately backed Lloyd's start-ups recorded a deterioration in performance from all three, albeit with Ark outperforming the others.
  • A US P&C market in transition, supply chain/contingent business interruption (CBI) and cyber risk will be among the topics de jour as risk managers descend on Philadelphia to meet their brokers and insurers at the RIMS annual conference.
  • The Lloyd's syndicates sold in 2011 or 2012 overwhelmingly made heavy losses last year, analysis of syndicate accounts shows.
  • On the eve of the annual RIMS event, broker Willis painted a picture of a transitioning market for US insurance buyers as the cost of renewing cover picks up steadily across property cat, workers' comp and a number of other lines, although rates continue to be kept down by competition in some areas.
  • Although premiums are edging up across most lines of commercial P&C business, US insurance buyers are unlikely to face the kind of soaring premiums seen in the last true hard market of 2001-2003, as capacity in the sector remains close to historic highs.
  • Expected (re)insurance losses from last September's Reno Air Race accident have been revised downwards, according to a recent report from Willis Re.
  • Zenkyoren's full order on its $8.2bn xs $3.3bn cat programme was placed at 1 April by sole broker Aon Benfield despite fears that it may struggle to find sufficient capacity after last year's bruising loss experience, The Insurance Insider understands.
  • French state-owned reinsurer CCR has issued a results release saying that its combined net losses from catastrophes in Thailand, Japan and New Zealand were just EUR196mn.
  • John Hyland, chief underwriting officer of Flagstone Re Switzerland, has parted ways with the company. Meanwhile, an analyst note has been published assessing the firm's run-off prospects.