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  • NKSJ, the Japanese big three insurer with the smallest net exposure to the Thai floods, has forecast net losses of 30bn yen ($390mn) in its half-year results.
  • State-owned reinsurer China Re will become the first Chinese company to invest directly in Lloyd's after Catlin revealed that it is to provide the capital for a second new £50mn quota share syndicate
  • Broking giant Marsh has continued to build out its national agency platform with the acquisition of Seitlin Insurance, a South Florida-based firm that generates around $24mn in annual revenues.
  • Lloyd's (re)insurer Managing Agency Partners latest profit forecasts for its Syndicates 2791 and 6103 have shown an uptick in profitability for the well-regarded names-backed outfit.
  • The Lloyd's market is still "significantly behind the curve" on the competitiveness and efficiency of its systems and market modernisation is imperative, said new chairman John Nelson
  • A Bermuda-based protection and indemnity (P&I) club will be fighting for its life tomorrow (18 November) as it heads to court to challenge a provisional liquidation order
  • The Lloyd's franchise performance directorate has asked all Lloyd's managing agents on the ground in Singapore to submit estimates of their loss exposures from the ongoing flooding in Thailand, The Insurance Insider understands
  • Kiln has released new forecasts on its non-aligned syndicates for the 2010 year of account that show mid-point losses increasing by 9.3 percent to £92.1mn
  • Amlin has become the latest (re)insurer to confirm significant loss creep on first half catastrophes
  • Alterra Capital's core subsidiaries have been upgraded from A- to A by Standard & Poor's as the ratings agency said the company had benefited from the larger platform and diversified earnings stream created out of the merger between Max Capital and Harbor Point in May last year.