NAICOM Backs Takaful as Nigeria’s N25bn Capital Floor Tests Operators
NAICOM backs takaful inclusion in Nigeria even as its N25bn capital floor and coinsurance ban test operators like Noor Takaful ahead of July 30.
Line of Business
Reinsurance
Munich Re: $44bn Insured Nat Cat Losses in H1 2026, Below Average
Insured nat cat losses hit $44bn in H1 2026, below average, but an almost-uninsured Venezuela quake and Europe's storms complicate the picture.
UK P&I Club and TT Club Win 89% Backing for Thomas Miller Takeover
Thomas Miller takeover wins 89% shareholder backing from UK P&I Club and TT Club, ahead of their own marine mutual merger set for February…
OSFI’s Catastrophe Bond Rule Skips the 20% Margin, Only for Canada
OSFI catastrophe bonds now earn zero-margin capital credit under Canada's MCT, but only when collateral stays onshore and OSFI pre-approves the deal.
AM Best Upgrades PICC Hong Kong to A on Inward Reinsurance Strength
AM Best's PICC Hong Kong upgrade to A reflects inward reinsurance growth, not direct-market scale, giving cedants headroom above HK's C-ROSS floor.
Vantage Taps Arch Veterans Grandisson and Gansberg After $201.7M Year
Vantage leadership shifts to Arch Capital veterans Marc Grandisson and David Gansberg after a breakout $201.7M net income year for the Bermuda reinsurer.
Saudi Re Buys 22.5% of Lloyd’s Backer AdA in London Market Return
Saudi Re returns to Lloyd's with a 22.5% stake in AdA Risk Holding, an 18-month round trip from its 2024 Probitas exit to a…
APRA Rewrites ECAI Recognition Guidelines to Cover Insurers Explicitly
APRA's ECAI recognition guidelines now explicitly name insurers, landing two days after its reinsurance framework overhaul was finalised on 7 July 2026.
SCOR, Japan Post Insurance Sign MOU on Postal Life Reinsurance Deal
Japan Post Insurance reinsurance plans advance as SCOR signs a non-binding MOU on postal life cession and a new capital vehicle, subject to regulators.
RGA Deepens Japan Life Reinsurance Push as In-Force Tops $4.3tn
Japan life reinsurance drives RGA's scale as in-force hits $4.3tn and assets reach $164.1bn, with new Sumitomo Life and Anshin Life block deals reported.