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  • The liquidators appointed to the South of England Protection and Indemnity Association (Bermuda) (Sepia) are set to cancel policies this month as the company is wound up
  • To the Cuthbert Heaths of today, this year's $90bn+ of losses may be good news...
  • Lloyd's is cautiously preparing to flex its muscles in 2012, with market capacity set to increase by around 3 percent to £23.7bn
  • Church and charity mutual insurer Ecclesiastical Insurance has placed its New Zealand subsidiary Ansvar New Zealand into run-off following a decision earlier this year to withdraw from providing new cover after the Christchurch earthquakes
  • US cat prices are expected to be up 10-15% and Europe flat as underwriters and brokers spar right up until the final bell of what are widely expected to be the most difficult 1 January cat reinsurance renewals since 2006...
  • WR Berkley founder and CEO Bill Berkley has underlined the extreme uncertainty over insured losses from the Thailand floods by estimating industry losses of $20bn
  • Moody's has followed AM Best in downgrading US insurer State Auto Financial Corporation, which has been severely impacted by tornado, hailstorm and hurricane losses in 2011.
  • Alpha Natural Resources (ANR) has agreed to pay $209mn to settle civil and criminal penalties imposed by Federal prosecutors relating to the April 2010 explosion at the Upper Big Branch mine in West Virginia.
  • Broker Aon Benfield says Thailand flooding may cost the (re)insurance industry more than $10bn, after Swiss Re this morning estimated insured losses at $8-11bn from the disaster.
  • The latest stock exchange announcement from UK-listed Thompson Heath & Bond (THB) shows the broker is firmly on track to complete its £32mn sale to US wholesaler AmWins in January