EIOPA Lifts Cyber to High as July 2026 Dashboard Holds Rest at Medium
EIOPA insurance risk dashboard lifts cyber and digitalisation risk to high, holding seven other risk categories steady at medium for July 2026.
Region
Europe
FINMA Enforcement Forces Zurich Insurance to Cut Staff, Curb Sales
FINMA enforcement pushed Zurich Insurance to dismiss over a dozen staff and curb new sales at its Swiss corporate pensions unit after a pricing…
FCA Presses Insurers on Conflicts of Interest After New Director’s Blog
FCA conflicts of interest scrutiny grows as new director Chris Knight reveals direct letters already sent to firms over risky business models.
PRA Consults on Friendly Society Merger Rules After £10bn OneFamily Deal
PRA's CP12/26 consultation aims to streamline friendly society merger rules, using the £10bn OneFamily-Scottish Friendly deal as its blueprint.
FCA’s AI Sandbox Cohort 2 Picks 21 Firms From 199 Applications
FCA's AI Sandbox cohort 2 admits 21 firms from 199 applicants, with fraud, governance and compliance use cases leading the selected list.
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…
Anthony Jones (UK) Limited Agrees to Stop All FCA-Regulated Activity
Anthony Jones (UK) Limited has stopped all regulated activity, putting the FCA's Register, FSCS rules and Ombudsman safeguards to a live test.
EIOPA Risk Margin Overhaul Introduces Lambda Factor Before January 2027
EIOPA risk margin lambda factor cuts margins on long-dated liabilities from 30 January 2027, diverging sharply from the UK's blunter approach.
EIOPA Data: EEA Insurers Hold €1.185trn in Private Assets, 11% of Total
EEA insurers’ private assets hit €1.185trn (11% of assets) at end-2025, per EIOPA — private equity now outweighs private credit as the bigger exposure.
PRA Fines HDI Global SE £4.165m Over Three Years of FSCS Data Errors
PRA fine HDI Global: HDI Global SE paid £4.165m for three years of inaccurate FSCS data submissions, a rare third-country branch reporting penalty.