PRA’s PS18/26 Cuts Solvency UK Branch Reporting From Three Years to One
PRA's Solvency UK reporting overhaul cuts branch data years, moves MALIR to XBRL and resets the annuity baseline to 31 December 2026 for insurers.
Region
Europe
ESAs’ JC 2026 25 Statement Tells Insurers to Prove AI Governance
The ESAs' frontier AI governance statement tells insurers what changes now: RAF reviews, DORA Article 4 and Lead Overseer oversight of AI vendors.
Cover Genius Buys Friendsurance as EU Bank Insurance Stays Just 19% Digital
Cover Genius acquired Friendsurance to embed cover into DACH banks, betting on a digital insurance channel still under 20% of EU premiums today.
EBA, EIOPA and ESMA Extend EUR 8bn Margin Relief to Legacy Derivatives
Bilateral margin relief now lets insurers and pension funds below the EUR 8bn threshold stop margining legacy derivatives, not just new trades.
EIOPA Pension Dashboard Flags Worsening Market Risk for Europe’s IORPs
EIOPA IORP risk dashboard flags a worsening market-risk outlook for European pension funds, plus rising cyber risk, in its July 2026 report.
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.
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.
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.