Takaful Market Targets $63.6B by 2030 as GCC Growth Exposes a Retakaful Capacity Gap
Takaful market growth heads to $63.6B by 2030 at 11.7% CAGR as GCC mandates accelerate, while a retakaful capacity gap limits Sharia-compliant expansion.
Player Type
Insurers
EIOPA’s Two-Step AI Mandate Sets August 2026 Deadline as EU Insurers Face €35M Penalties
EIOPA AI governance opinion mandates two-step impact assessments for EU insurers by August 2026, with €35M penalties for non-compliance with the EU AI Act.
Florida Citizens Prices $600M Everglades Re II Cat Bond at Bottom of Guidance as ILS Demand Surges
Florida Citizens cat bond Everglades Re II closes at $600M, upsized by one-third on surging ILS investor demand and bottom-of-guidance pricing.
Hong Kong Revises Insurance Capital Rules to Steer Funds Into Infrastructure Projects
Hong Kong's Insurance Authority closes RBC consultation extending infrastructure capital relief to general insurers and imposing a 100% crypto charge. Implementation target: December 31,…
Talanx Signs 20-Year Bancassurance Exclusive With Afirme Grupo Financiero in Mexico
Talanx agrees a 20-year exclusive bancassurance deal with Afirme Grupo Financiero in Mexico, creating a MXN 22.8bn combined premium base and moving HDI to…
Munich Re Q1 2026: P&C Revenue Down 20% as Guidance Tightens on Cycle Pressure
Munich Re Q1 2026 posted €1.7bn net profit as P&C reinsurance revenue contracted 20%, signalling deliberate underwriting discipline. What tightened guidance means for H2…
Korean Re Extends Solomon Re Cat Bond to Cover Israel Earthquake Parametric Risk
Korean Re's $75M Solomon Re 2026-1 cat bond adds parametric Israel earthquake coverage for the first time, expanding the ILS market's peril universe into…
QBE Reports 11% GWP Growth in Q1 2026, Reaffirms Full-Year Guidance
QBE Insurance Group grew gross written premiums 11% to $9.2B in Q1 2026 with catastrophe claims tracking $217M below first-half allowance, reaffirming its 92.5%…
FEMA Advisory Council Backs Private Market Expansion in NFIP Reform Push
FEMA Review Council backs private market expansion in NFIP reform push, urging a 2-3 year transition as the program's $22.5B debt mounts toward the…
Lloyd’s Governance Probe Into John Neal Tests London Market Transparency
Lloyd’s governance probe into former CEO John Neal puts London Market transparency standards to the test as Chair resists disclosure while Freshfields investigators press…