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…
Player Type
Regulators
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…
EIOPA Locks In Solvency II Supervisory Guidelines for January 2027 Implementation
EIOPA finalises revised Solvency II supervisory guidelines effective January 2027: 26% fewer quarterly templates, a 21% risk margin reduction, and mandatory DORA compliance embedded…
FCA Launches Claims Management Review as Consumer Duty Standards Reach Claims Handling
FCA claims management review launched May 6, targeting misleading ads, unfair exit fees and unauthorized sign-ups—making Consumer Duty compliance in claims handling an active…
India Opens Insurance Sector to Full Foreign Ownership Under 100% Automatic FDI Route
India insurance FDI cap lifted to 100% via automatic route—removing the 74% foreign ownership ceiling and opening the world's fastest-growing major insurance market to…
Malaysia’s BNM Fines Zurich Insurance RM1.56M for Letting Sanctioned Customers Through Screening
BNM fines Zurich Malaysia RM1.56M after two subsidiaries used an outdated sanctions database, failing to freeze a confirmed-match customer — a compliance failure with…
Japan FSA Targets Offshore Reinsurance Risk as J-ICS Solvency Era Begins
Japan FSA reinsurance oversight tightens with April 8 amendments targeting $20–30B in asset-intensive cessions to Bermuda platforms, as J-ICS makes counterparty risk a capital…
APRA Calls for Step Change in AI Risk Governance Across Insurance Sector
APRA AI risk governance directive urges insurers to strengthen AI controls as EIOPA and NAIC frameworks converge, creating H2 2026 compliance deadlines.