PicPay Wins Bacen Approval for Kovr, Adding Underwriting to 10M Policies
PicPay Kovr acquisition wins Bacen's final approval, moving Brazil's fintech giant from distribution into underwriting across its policy base.
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WTW Bets $625 Million on AI as Q2 Broking Margin Climbs 100 Basis Points
WTW Propel AI investment totals $625 million in cash, targeting $400 million in savings and a 30% margin by 2028, WTW's Q2 2026 results…
Lincoln Cedes $5.8 Billion of Guaranteed Universal Life Reserves to Talcott
Lincoln Talcott reinsurance deal cedes $5.8bn of GUL reserves and $500m of funding agreements; Lincoln retains policy administration and claims handling.
EIOPA Lifts Cyber to High as July 2026 Dashboard Holds Rest at Medium
EIOPA insurance risk dashboard lifts cyber and digitalisation risk to high, holding seven other risk categories steady at medium for July 2026.
Lemonade’s Revenue Jumps 79% to $294.4M as Cession Rate Falls
Lemonade Q2 2026 revenue rose 79% to $294.4 million, but a lighter reinsurance cession rate drove much of the jump, not organic growth alone.
Brazil’s CNSP Folds 13 Broker Rules Into Resolution 493, 494 Same Day
CNSP Resolution 493 merges 13 Brazilian insurance-broker rules into one framework, giving brokerages a 180-day compliance window before it bites.
IRDAI Approves Perpetual Registration and Salesperson Tagging
IRDAI has approved amendments introducing perpetual registration for insurance intermediaries and mandatory salesperson tagging on every policy.
SUSEP Unveils Cybersecurity Manual for Insurers Amid $944B Global Gap
SUSEP's cybersecurity manual for Brazil's insurers rests on brand-new mutualist governance rules and a $944 billion global cyber-risk protection gap.
Kenya’s IRA Locks Marine Cargo Cover Into KRA’s Customs System
Kenya's marine cargo cover mandate took effect 1 July 2026, but the real shift is enforcement wired into KRA's customs software with Safaricom.
Delaware Life, Clear Spring Face Federal Subpoenas Over 39% Stake
Delaware Life subpoenas reveal a related-party stake restated from 3% to over 39% of assets, testing NAIC's new private-credit disclosure rules.