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  • The executive overseeing a three-month-old UK flood insurance scheme for small and medium enterprises has described the challenges of providing low-cost cover for at-risk properties ahead of updating lawmakers on the programme.
  • Private equity house Vitruvian has acquired a stake of around 40 percent in specialist managing general agent (MGA) CFC Underwriting, The Insurance Insider can reveal.
  • Share price data on The Insurance Insider's universe of P&C (re)insurers
  • Signs that hardening conditions in segments of the "wheels" market are spreading to the reinsurance sector might be seen as an early indicator of change in the broader US casualty treaty market.
  • Securis has significantly expanded capacity for its Lloyd's partnership with Novae this year and expects to write $130mn of gross written premiums through its special purpose arrangement (SPA).
  • Insurance spreads on new cat bond deals this year have dropped by 12 percent on average during the marketing process, as insurance-linked securities sponsors pressed hard to take advantage of a softening market.
  • The election victory last week of the Netherlands' centre-right VVD Party over the anti-EU Party for Freedom has removed a cloud of uncertainty over the country's future within the bloc.
  • The Insurance Insider's main index of P&C (re)insurers - The Insider 50 - rose by 74 basis points last week to reach 1,052.2 points, recovering half of the ground lost the week before.
  • The global reinsurers reported narrowing underwriting margins at their P&C reinsurance operations in the final quarter of 2016, as loss ratios were pushed up by above-median catastrophe losses across the board.
  • Global reinsurers posted slower gross written premium (GWP) growth in their P&C reinsurance divisions in the fourth quarter, as attractive new business became increasingly scarce in the soft market cycle.