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  • With the industry having endured a catalogue of disasters in the first six months of the year, Anglo-French accountancy firm Mazars is forecasting that Lloyd's will disclose a pre-tax loss of £1.5bn when it announces its interim results on Wednesday (21 September).
  • The revolving door for senior management at specialty (re)insurer HCC continued last week with the unexpected news that COO and executive vice president Tobin Whamond had suddenly left the company.
  • QBE's flagship Lloyd's Syndicate 386 once again heads the table of most-expensive capacity following the first Lloyd's syndicate auction, which took place last week.
  • Reinsurers pushing for rate rises at 1 January will be further boosted by fresh evidence that underlying business in the world's largest insurance market is beginning to turn.
  • US giant Allstate revealed last week it was to take a $500mn loss from Hurricane Irene, its maximum possible loss from the event.
  • French mutual insurer Groupama found itself in line for another downgrade of up to two notches last week - just five months after it lost its A- rating from Standard & Poor's (S&P). The firm continues to be challenged by volatile capital markets and its exposure to sovereign debt.
  • With Berkshire Hathaway issuing a take-it-or-leave-it ultimatum on its $52 a share offer for Transatlantic Re, the race for the US reinsurer looks to have very quickly narrowed from three suitors to one.
  • Former Lloyd's chairman Max Taylor will be the new non-executive chairman of Lloyd's insurer Jubilee as part of new owner Ryan Specialty Group (RSG)'s boardroom overhaul, sources have told The Insurance Insider.
  • With the number of options to execute a merger deal rapidly dwindling, Transatlantic has given strong signals that it could go it alone - at least until the current M&A environment has improved.
  • Talbot hires Hurst-Bannister; Hilb's new venture; Ace buys Penn Miller for $107mn; AIR extends reach of European cat models; Gallagher continues expansion; Be a Hero - run Hyde Park in November; White Mountains to buy back $136mn shares; Channel Syndicate launches FI division; North American CRO Council launched; 510 syndicate of choice for R J Kiln; Zurich appoints new CFO;