As Knight Capital Group Inc struggles for survival after massive trading losses it said were caused by bad software, there seems to be little chance it can rely on insurance to save the day.

Europe's biggest insurer, Allianz, is worried about the role central banks may have played in an interest rate rigging scandal that has enveloped some leading international lenders, the insurer's chief financial officer said on Friday.

Four reinsurers posted positive numbers for the second quarter of this year as a benign catastrophe season helped lift net income considerably over last years second quarter.

Insurers need to be fully aware of the processes direct repair shops have in place for communicating with vehicle owners.