Saudi Insurance Authority: End of SAMA’s Dual Mandate and What Comes Next
Saudi Arabia Insurance Authority is now sole regulator, replacing dual SAMA oversight. RBC parallel run begins 2026; mandatory Jan 2027.
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Commercial
Lloyd’s Enhanced Underwriting Reaches 77% of Market GWP as Algorithmic Facilities Reshape Specialty Lines
Lloyd's enhanced underwriting covers 77% of market GWP as Ki hits $1.1bn and digital broker facilities project 50% annual growth, reshaping specialty lines
Moody’s: AI and Tech Investment Will Power the Next Phase of Insurance Broker Growth
Moody's Ratings named AI and tech investment as the primary driver of the next phase of insurance broker growth as $162B in sector debt…
Admiral Group Closes £80m Flock Acquisition, Betting Telematics Data Will Crack Commercial Fleet Underwriting
Admiral Group acquires Flock for £80m on June 1, 2026 — a telematics-first commercial fleet insurtech that cut crash frequency 10% — with less…
$670 Billion in US Data Centres Faces Unmodeled Storm Risk as Insurer Capacity Lags Build-Out
51% of planned US data centres—$670 billion—sit in high severe-convective-storm-risk states as hyperscalers move into Texas, Tennessee, and Ohio; S&P estimates $10B in new…
ESAs Publish First DORA ICT-Incident Baseline: 3,383 Incidents, 90% Non-Cyber, and a Cross-Border Warning for European Insurers
ESAs' first DORA ICT report: 3,383 incidents in 2025, one-third cross-border, just 10% cyber — what the baseline data means for European insurance groups.
Insurance Australia Group Closes A$4 Billion Greensill Litigation, But a Five-Month Trial Looms
IAG settles A$4B in Greensill Bank AG proceedings; Credit Suisse's A$3B tranche goes to a five-month trial opening August 2026 — APRA's governance response…
GCC Insurers Post $714M Net Profit in Q1 2026 as Regulatory Mandates Drive 13.6% Revenue Growth
GCC listed insurers posted $10.75B revenue (+13.6%) and $714M net profit (+14.7%) in Q1 2026, driven by Saudi Arabia's mandatory cession rules, UAE health…
Brazil’s New Insurance Law Forces Operational Overhaul for Carriers and Brokers
Law 15,040/2024 took effect December 11, 2025, reshaping claims deadlines, distribution rules, and reinsurance governance across Brazil's US$132 billion insurance market.
Convex Gets Lloyd’s Approval for Syndicate 1987, Targeting Long-Tail Lines
Convex Group's Lloyd's in-principle approval for Syndicate 1987 on May 28 targets casualty, political risk, and trade credit for a July 1 launch —…