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  • Marsh & McLennan Companies Inc (MMC) shares continued to slide as its broking division reported second quarter revenue growth that lagged behind rivals Aon Corp and Willis Group Holdings.
  • Unlike its peers, CNA Financial Corporation shares were hit by disappointing second quarter results that included net investment losses of $91mn, with $20mn attributable to securities "with exposure to subprime mortgage collateral".
  • The Travelers Companies and The Hartford Financial Services Group both resolved legacy disputes in July, and reported strong second quarter results.
  • Newly listed run-off firm Tawa plc could earn shareholders a 30 percent return on equity (ROE), according to research into the IPO by stockbrokers KBC Peel Hunt.
  • Berkshire Hathaway's (re)insurance operations contributed heavily to second quarter profits up almost 33 percent, but the investment conglomerate also highlighted increased competition in the business.
  • With Lloyd's results season due to kick off in earnest over the next six weeks, the market's listed (re)insurers prepare to report in unforgiving conditions as shares continue to suffer from widespread uncertainty driven by the US sub-prime crisis.
  • Although the majority of the $25bn of insurance-linked securities (ILS) issued to date have been brought to market by reinsurers, recent research by William Hawkins, analyst at Keefe, Bruyette & Woods (KBW) shows that...
  • London market reinsurers led by Allianz will continue their High Court battle with the North Korean national insurer over a controversial EUR44.3mn claim despite a setback in a pre-trial hearing last month.
  • $500mn Emerson Re latest to roll off production line
  • The early signs are that Lloyd's capacity will be reduced next year as (re)insurers brace themselves for the softer market that appears to be on its way.