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  • Superstorm Sandy has added an estimated $20bn-$25bn to the 2012 insured loss tally, taking total losses from natural catastrophes and man-made disasters to around $65bn, according to research from Swiss Re's research arm, Sigma.
  • When Standard & Poor's (S&P) raised France-based reinsurer SCOR's rating from "BBB+" to "A-" this month it was yet another positive sign that the firm has returned to a position of profitability and stability.
  • While parent AIG reported a moderate $455mn third quarter net profit - compared to the giant $24.5bn net loss of Q3 2008 - Chartis disappointed on its core underwriting.
  • Lloyd’s insurer SVB showed signs of a continuing turnaround last week, announcing a trebling of operating profits and combined ratio recovering to below 100 percent.
  • Brit Insurance has rejected US private equity firm Apollo's 1,050p approach, but said it would be willing to consider a higher offer.
  • Four more non-aligned Lloyd's syndicates have updated their forecast results for the 2009 and 2010 years of account, revealing results that are broadly in line with past predictions.
  • Administrators of loss-hit Kamp Re 2005, Zurich Financial Services' (ZFS) catastrophe bond, have extended the original maturity date by a month, to 14 January 2008, pending a final determination of the loss amounts.
  • Telecommunications company Verizon is the most prominent insured to indicate that its business interruption losses from Sandy will probably be lower than first feared, it is understood...
  • After last year’s record catastrophe insured losses of more than $100bn, the benign conditions of 2005 look like costing the (re)insurance industry just $15bn in losses from natural and man-made catastrophes, according to preliminary figures from Swiss Re
  • The British Property Foundation (BPF) has called on the UK Government to invest in measures to prevent a repeat of 2007's summer floods.