Japan FSA Launches AI Cybersecurity Working Group for Insurance Sector
Japan FSA cybersecurity working group for insurance launched May 14, 2026 with 33 cross-sector participants — the first APAC financial-sector AI coordination body and…
Topic
Compliance
FINMA’s Cybersecurity Findings Put Swiss Insurance AI Governance Under New Scrutiny
FINMA AI cybersecurity enforcement in 2026 builds on a 30% attack surge finding and 91% generative AI adoption data, pressuring Swiss insurers to complete…
APRA Revokes Eric Insurance’s Licence, Closing Three Years of Managed Exit After Add-On Reform Collapse
APRA Eric Insurance licence revocation on 21 May 2026 closes a three-year managed exit triggered by Australia's 2021 add-on motor reform, with the DOCA…
FCA Warns Young UK Drivers: 49% Buy Motor Cover via Social Media as Ghost Broker Fraud Grows
FCA May 2026: 49% of young UK drivers buy motor insurance via social media, often from ghost brokers selling invalid policies with no FCA…
Pakistan Tables Insurance Bill 2026 to Break a 25-Year Regulatory Standstill
Pakistan Insurance Bill 2026 replaces a 25-year ordinance, enabling parametric cover, foreign branch entry, and RBC rules for a market at 0.7% of GDP.
House of Lords Opens Probe Into UK Insurance Pricing With Evidence Deadline Set for June 2026
House of Lords insurance inquiry launches formal probe into UK pricing transparency, consumer access and claims handling — evidence deadline June 26, 2026, with…
California FAIR Plan’s 29% Rate Hike Lays Bare the Structural Failure of Regulated Residual Markets
California FAIR Plan rate hike of 29.1% is approved for October 2026 after $2.9B–$4B in wildfire losses; 668,600 policies and $599B in exposure confirm…
Nigeria Ends Takaful-Conventional Coinsurance, Forcing Africa’s Largest Insurance Market to Choose Sides
Nigeria's NAICOM banned Takaful-conventional coinsurance effective January 2026, forcing structural market separation in Africa's largest insurance economy before domestic Retakaful infrastructure exists.
TWIA Faces $1.23B Reinsurance Gap as Coastal Texas Private Market Shrinks
TWIA's 2026 reinsurance gap of $1.23 billion exposes the structural cost of private market withdrawal from coastal Texas, where the state pool now holds…
Swiss Re: 2026 Insured Cat Losses Tracking Toward Third-Worst Year on Record
2026 insured catastrophe losses are tracking toward the third-highest annual total on record, driven by secondary perils as reinsurance pricing softens 14.7% at January…