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  • Markel Corp posted a 97 percent combined ratio for 2010, with large prior-year reserve releases in the final quarter enabling the firm to beat Wall Street earnings expectations.
  • Full-year accounts for The Hartford show that earnings have rebounded from the losses experienced in 2009, although there was significant deterioration in its P&C earnings during the final quarter.
  • Specialty insurer WR Berkley's full-year net income rose by 45 percent to reach $449mn as the firm bounced back from heavy investment losses in 2009.
  • US insurance group American Financial Group (AFG) reported an 8 percent year-on-year drop in full-year earnings for 2010 to $479mn, due to deteriorating results from its specialty P&C operations.
  • White Mountains Insurance Group booked an 80 percent slump in net profits from $470mn in 2009 to $87mn last year, despite a relatively strong performance in its reinsurance division.
  • The brutal winter storms that struck the US at the start of February will produce insured losses of between $790mn and $1.4bn, reports catastrophe modelling firm AIR Worldwide.
  • Midway through the US and Bermudian Q4 reporting season results have broadly beaten expectations so far, according to UBS analyst Brian Meredith.
  • Premiums in the mining industry have fallen for the second consecutive year despite a series of catastrophe losses, according to broker Willis.
  • Munich Re's revised loss forecast for the New Zealand earthquake has taken the growth in reported reinsurance losses since December past the $650mn mark, analysis from The Insurance Insider shows.
  • Australian insurer Suncorp has once again reaped the benefits of comprehensive sideways reinsurance protection, as it revealed its net claims costs from last week's Category 5 Cyclone Yasi will be capped at just $10mn.