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  • Texas and Oklahama insurance trade body Southwestern Insurance Information Service, (SIIS) has released a preliminary estimate of at least $300mn in insured losses from the tornadoes and hail storms that struck the Dallas, Fort Worth (DFW) area last Tuesday (3 April).
  • Independent London market broking house RK Harrison registered strong top and bottom-line growth in the 12 months to 30 June 2011.
  • London-headquartered wholesale and reinsurance broking group Cooper Gay Swett & Crawford (CGSC) turned 2010 pre-tax losses of $8.5mn into $69mn of underlying pre-tax profits in its first full year reporting as a combined entity.
  • Syndicate 1880, the Kiln-managed syndicate used by Tokio Marine for intra-group reinsurance, has incurred a loss of $840mn after it was hit by $731mn of claims originating from the parent company's Sri Muang joint venture in Thailand.
  • For the second time in three years Lloyd's business Marketform has been forced to make a cash call on its members to help it cover the cost of deterioration on its legacy book of Italian public hospital liability business.
  • Argenta-managed Syndicate 1965 ran up losses of £87.5mn on net earned premiums of just £21.6mn as it was smashed by the spate of Asia Pacific catastrophes.
  • AIG's Ascot Underwriting, which manages Lloyd's Syndicate 1414, reported a £12.6mn loss for 2011 on the back of a 104.7 percent combined ratio.
  • Liberty Syndicate 4472 survived a crushing drop in its profitability in 2011 due to a heavy loss tally to post a positive £6.9mn return for the year.
  • Brit Insurance's Syndicate 2987 is close to joining the Lloyd's £1bn club after the group's recent restructure swelled its 2012 capacity to £960mn.
  • Lloyd's insurer Chaucer's focus on international property lines and energy was inevitably put to the test last year, resulting in its Syndicate 1084 posting a £40.6mn loss.