UK Salary Sacrifice Cap to Cut Pension Savings for 2.8 Million Workers
UK salary sacrifice pension cap from April 2029 will prompt 2.8 million workers to reduce DC saving, squeezing group pension volumes and the bulk-annuity…
Region
Europe
Aviva Folds Probitas 1492 Into Aviva Syndicates as Lloyd’s Brand Consolidates
Aviva Syndicates replaces the Probitas 1492 brand at Lloyd's by September 2026, after four straight years of sub-80% combined ratios and a £542m GWP…
ILS Market Hits Record $136bn as Swiss Re Formalizes Alternative Capital Unit
Insurance-linked securities hit a record $136bn in alternative capital at the April 2026 renewal. Swiss Re, which has structured over $50bn in cat bonds…
UK DB Pension Surplus Rules Reshape Bulk Annuity Competition
DB pension surplus release rules — April 2027 target — let UK schemes extract capital on a low-dependency test, creating a direct run-on alternative…
Canada Life Buy-in Signals UK Bulk Annuity Market’s Next Leg of De-risking
UK bulk purchase annuity market hit a record 367 deals in 2025, yet volume fell to £38.2bn as competition drove insurers into smaller schemes…
Aegon Confirms New York HQ and Overhauls Leadership in US Pivot
Aegon New York headquarters set to open mid-2027. Will Fuller takes President & COO role Jan 2027. Redomiciliation as Transamerica Inc. completed Jan 2028.
EIOPA 2025 Annual Report: Ten Years of Solvency II Under Pressure
Solvency II turns ten with EU insurers posting solid SCR ratios, but EIOPA's 2025 Annual Report flags hundreds of billions in private credit exposure,…
OECD Cuts 2026 Outlook: What the Middle East Shock Means for Insurers
OECD 2026 economic outlook bifurcates global GDP at 2.8% vs 2.1%. We translate the OECD's Middle East scenarios into an insurer stress test: reserve…
UK PRA Targets 2027 Captive Insurance Regime to Reverse Offshore Drift
UK captive insurance regime launches by mid-2027 as the PRA targets ~500 offshore captives with proportionate Solvency UK rules and no tax incentives.
UK Regulators Warn Frontier AI Cyber Threats Now Outpace Human Defenders
The FCA, Bank of England and HM Treasury have jointly confirmed that frontier AI cyber capabilities now exceed those of a skilled human practitioner…