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  • Lancashire Group delighted analysts with net profit of $93mn and a 77.4 percent combined ratio for the first half of 2010, defying the string of unprecedented losses that produced yawning combined ratios for many of its peers.
  • In spite of the natural and man-made catastrophes that punctuated the first half of 2010, Swiss Re booked net income of $812mn in the second quarter.
  • Axis Capital reported a $24mn deterioration in its Chile loss estimate as it booked second quarter operating profits of $180mn - a shade below the $183mn it recorded in the prior-year period.
  • Newly formed Alterra Capital - the merged Max Capital/Harbor Point - posted net income of $103.4mn for the second quarter of 2010.
  • Buffy mulls the motor equivalent of buying BP shares
  • Benmosche asserts; Markel acquisition; Catlin recruits; Deepwater: $4-6bn; Winds whimper; Brazil boom?
  • Xchanging commits; London market urged to scrutinise professional fees; Two-jobs Levene; RBSI overhaul; Cool on Kiln; Export vanguard; Bono's back...
  • Investment giant Berkshire Hathaway provided a further display of its muscular balance sheet on 15 July with a reinsurance contract that provides CNA with up to $4bn of adverse development long-tail asbestos/environmental cover.
  • Berkshire Hathaway-owned Lloyd's run-off vehicle Equitas has begun striking deals with relevant reinsurers to collect outstanding LMX exposures, The Insurance Insider can reveal.
  • A UK High Court judge has ordered an additional round of witness statements to be collected ahead of a contempt of court hearing for Aon executive Euan Nicolson in the autumn.