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  • London market (re)insurer Lancashire has become the first in the sector to test the UK government's commitment to reducing the tax burden on controlled foreign companies, potentially opening the door for its peers to follow suit.
  • With the majority of half-year financials now reported by what are generally viewed (current domicile notwithstanding) as Bermudian (re)insurers, a messy picture has emerged
  • Quarterly profit dipped 4.5 percent at Willis as the broker took an $18mn charge related to operational cutbacks and paid an $11mn fine to UK regulator the Financial Services Authority in an anti-bribery settlement.
  • Second quarter cat losses reported by US insurers have surged to more than $9bn, according to analysis by The Insurance Insider
  • The Lloyd's Names on Munich Re-backed Syndicate 318 have resoundingly rejected the reinsurer's offer to buy up 100 percent of capacity for the 2012 year of account.
  • The Insurance Insider looks at the ramifications of the Lloyd's insurer's profit warning
  • Greece is of little consequence to the balance sheets of the (re)insurance industry. An Italian default, on the other hand, would be devastating
  • Early pre-emptions suggest the market may grow to a record size in 2012 at a time when property cat rates are hardening...
  • The airline insurance sector could finally turn into profit this year as rates remain broadly stable and cat losses have been few and far between up to the middle of 2011.
  • Munich Re has put brokers at the heart of its US growth strategy, announcing last month that the "growth and maintenance of broker relationships" will be "critical to success" in growing its North American business.