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  • The major brokers produced a strong recovery in their Q1 revenues amid returning global economic growth, as firms with the greatest exposure to the fastest-growing economies performed the best.
  • First quarter catastrophe losses wiped an average 8.53 percent off investors' capital held in international reinsurers, according to The Insurance Insider's loss table.
  • Catastrophe losses have caused a batch of red ink results among reinsurers this quarter. But a mid-season tally compiled by The Insurance Insider shows that they have kept losses to an average 5.28 percent strike on 2010 year-end shareholder equity.
  • Names with exposure to dedicated Lloyd's motor underwriter Equity Syndicate 218 have begun voicing concerns as the syndicate revealed a £499mn loss for 2010 on an annual accounting basis.
  • Swiss Re confounded market expectations by keeping its Japan losses static as it reported a net $665mn loss for the first quarter.
  • Global (re)insurers' share buyback programmes will be put on hold in wake of first quarter catastrophe losses, predicts Aon Benfield.
  • Marketform Syndicate 2468 lost £81mn in 2010 as it was again forced to strengthen its reserves to cover mushrooming losses from its run-off Italian medical malpractice portfolio.
  • The Hanover's takeover bid for Chaucer could face a struggle to complete at the current recommended price after lead shareholder Pamplona voiced its opposition to the terms.
  • Kiln matched Lloyd's quoted aristocracy Amlin and Hiscox in posting a sub-90 percent combined ratio for 2010 as it withstood a significant uptick in cat activity.
  • Delphi Financial's due diligence ahead of formalising its offer for Omega is moving at a glacial pace, as a serious takeover approach for the Lloyd's carrier again struggles to gain traction, The Insurance Insider can reveal.