0044 GMT - Macquarie analysts anticipate another near-term share buyback at QBE Insurance. Last week, the Australia-listed general insurer trumpeted its capital discipline and efficiency, indicating that it could have flexibility to return any excess capital. Macquarie's updated forecasts now include a A$400 million buyback from November. However, the analysts keep a neutral rating on the stock, pointing to the approach of the North American hurricane season and a strengthening U.S. dollar. The investment bank trims its target price 2.1% to A$23.40. Shares are down 0.7% at A$22.93.