Japan’s Insurers Post ¥2.54 Trillion Life Net Income in FY2025 as Rates Rise
Japan's FSA data for FY2025 shows life net income at ¥2.54 trillion as single-premium savings surge, while Sompo, MS&AD and Tokio Marine post record…
Topic
Compliance
NAIC Oracle PeopleSoft Zero-Day: ShinyHunters’ Claims vs. What Regulators Confirmed
NAIC confirmed a June 11 Oracle PeopleSoft zero-day intrusion by ShinyHunters — filing systems survived, but rating feeds and investment designations were suspended.
US Quantum Executive Orders Force Insurers to Confront Post-Quantum Cyber Risk
Post-quantum cyber risk is now US policy: two White House executive orders signed June 22 set 2030-2031 migration deadlines for federal systems — and…
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…
NAIC AI Rules Now Cover Half of US States as EO 14365 Threatens Override
NAIC AI Model Bulletin now covers over half of US states. EO 14365 tasks a DOJ task force with challenging those laws. What US…
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…
Florida Citizens Locks In $2.82bn 2026 Reinsurance Tower at 30% Lower Pricing
Florida Citizens secured a $2.82bn 2026 reinsurance tower at ~30% lower pricing as depopulation cuts exposure 67% and the cat market softens.
US P&C Insurers Post $16.3B Q1 2026 Underwriting Gain on Pricing Discipline
US P&C underwriting profit hit $16.3B in Q1 2026, but strip the $10.9B reserve release and the accident-year CR is 96.6 — normalized ratio…
FSC Korea Tightens AI Governance Rules for Insurers and the Financial Sector
FSC Korea AI governance guidelines effective June 22, 2026 reshape how Korean insurers deploy AI in underwriting, claims, and fraud detection — against 9…
APRA Sets Minimum Expectations for Insurer Readiness to Geopolitical Shocks
Geopolitical risk governance: APRA's June 2026 letter sets six board-accountable minimum expectations for insurers, banks and super funds — anchored to CPS 230, no…