9 OCTOBER 2026 · EVENING EDITION
The 22 most recently published briefs, newest first.
Insurtech & AI
Ledgebrook raised $200m in primary equity. Allianz X and Rockefeller Capital Management co-led the round, and Allianz Re agreed a multi-year reinsurance agreement with the company.
Source: Ledgebrook
Risk & Catastrophe
TWIA projects a total need of about $2.05bn of reinsurance and catastrophe bonds for 2027, with existing cat bonds possibly reducing new purchases to about $1bn, and a risk transfer budget about 18% lower, Artemis reported.
Source: Artemis
Regulation
Kuwait's Insurance Regulatory Unit requires supervised insurers to report each year the number and percentage of Kuwaiti nationals they employ, Middle East Insurance Review reported.
Source: Middle East Insurance Review
Insurance
AM Best assigned Kuwait's First Takaful Insurance Company a 'B' (Fair) financial strength rating with a stable outlook, Middle East Insurance Review reported.
Source: Middle East Insurance Review
Reinsurance
AM Best affirmed the 'A' (Excellent) financial strength rating of Barbados-based Active Capital Reinsurance, with a stable outlook, Middle East Insurance Review reported.
Source: Middle East Insurance Review
Regulation
The Prudential Regulation Authority proposes to link 128 fixed thresholds for banks, insurers and credit unions to nominal UK GDP. The first update would be on 1 July 2031.
Source: Bank of England / Prudential Regulation Authority
Insurtech & AI
MAS issued Guidelines on AI Risk Management for all financial institutions. The guidelines take effect on 7 October 2027, and MAS expects some sections to be met by 7 October 2028.
Source: Monetary Authority of Singapore
Insurance
Industry bodies in Australia, Canada, New Zealand and the UK form an alliance on affordability, climate risk and insurance access.
Source: Insurance Council of Australia
Regulation
The EU authority sets supervisory expectations for capital extraction, complex ownership and reliance on reinsurance.
Source: EIOPA
Reinsurance
The agreement covers dollar-denominated whole life reserves from Prudential Financial’s Japanese businesses.
Source: Prudential Financial / Prismic Life
Reinsurance
The reinsurer assumes longevity risk on American National pension risk transfer liabilities.
Source: Pacific Life Re
Markets & Results
The group names Kristof Terryn to lead the combined business, subject to regulatory approval.
Source: Zurich Insurance Group
Insurance
illumin Specialty plans to offer primary general liability and excess liability through wholesale brokers.
Source: Amwins
Insurtech & AI · In context
EIOPA links wider AI use to cyber exposure, operational risk and concentration among technology suppliers.
Source: EIOPA
Risk & Catastrophe · In context
An EIOPA study finds limited financial effects today, with risks expected to grow over time.
Source: EIOPA
Markets & Results · In context
Two proposed transactions worth about $185m form part of the US group’s plan to reduce its emerging-market footprint.
Source: Prudential Financial
Insurance
An updated product article describes an 18-month indemnity period and cover for temporary replacement hardware.
Source: CFC
Reinsurance
The Munich Re transaction covers biometric risk on a block with C$3.2bn of reserves at an 80% quota share.
Source: Manulife
Insurtech & AI · In context
The software provider’s platform targets policy, billing, claims and data migration, with human review of mapping decisions.
Source: Sapiens
Insurtech & AI · In context
Eligible Canadian travellers can explore CoverMe cover in a conversational channel, then complete the purchase on the insurer’s site.
Source: Manulife
Markets & Results · In context
The Insurance Authority reports SAR29.8bn in first-quarter premiums. Health accounts for 62% of the total.
Source: Saudi Insurance Authority
Regulation · In context
The regulator’s transition statement sets 1 January 2027 for the new solvency framework, following parallel calculations in 2026.
Source: Saudi Insurance Authority