UK’s Critical Third Parties Regime Goes Live With AWS, Google, Microsoft, Oracle
Critical Third Parties oversight starts 13 July 2026, as UK regulators name AWS, Google, Microsoft and Oracle as designated cloud providers.
Line of Business
Commercial
Sompo to Buy US Workers’ Comp Specialist Service Insurance
Sompo’s workers compensation acquisition adds Austin-based Service Insurance Companies to its U.S. specialty book; deal terms are undisclosed.
Allianz Partners to Cut Up to 1,800 Travel Insurance Jobs in AI Overhaul
Allianz AI job cuts will hit up to 1,800 travel-insurance and claims roles as Allianz Partners bets on automation and a 2030 revenue-doubling target.
War Exclusion Holds: Insurers Escape EUR 580M Nord Stream Claim
Nord Stream war exclusion upheld: London's Commercial Court blocks insurers' EUR 580M sabotage claim, lowering the causation bar for war exclusions.
SiriusPoint Launches Fine Art and Specie Line, Names Aspinall Head
SiriusPoint fine art specie unit debuts with Mark Aspinall as head, marking its second London Market Specialty division launch in just three months.
FSCA’s 2026 Three-Year Plan Redraws Compliance Priorities
FSCA regulation plan 2026 turns AI governance, 72% life-sector concentration and Two-Pot fee scrutiny into enforceable priorities for SA insurers.
APAC Cybercrime Surge Tests Insurers’ Underwriting Discipline
APAC cybercrime tops 30% of recorded crime as global cyber rates keep falling, straining insurer underwriting discipline and capacity.
FCA’s Final Crypto Capital Rules Draw Insurers Into the Stablecoin Debate
Systemic stablecoin regulation advances as the FCA finalises crypto capital rules, cutting the K-SII coefficient and reshaping risk for UK insurers.
Japan’s FSA and BOJ Issue Nine Frontier-AI Cybersecurity Measures for Insurers
Japan's FSA and BOJ co-issued nine frontier-AI cybersecurity measures for insurers and banks, with a one-month guideline and explicit CIO/CISO accountability.
QBE Asia Leadership: Karlowski Named COO, Chan Elevated to Regional AI Head
QBE Asia leadership expanded on 29 June 2026 with Patrick Karlowski named COO and Florence Chan elevated to a newly created regional data and…