The balance of power in the reinsurance market is shifting back to buyers ahead of the 1st January 2026 renewals, according to Antares Global chief executive officer Mike van der Straaten. “As capital availability expands, cedents may benefit from modest improvements in terms – particularly for non-peak zone risks... "

The government has announced plans to ban ransomware payments by public institutions and critical national infrastructure operators, alongside new incident reporting requirements, in a move that will place fresh scrutiny on how the insurance sector approaches cyber risk.

Delegated authority specialist Dan Lott has partnered with Markel International and Certa Insurance Partners to launch Certa Specialty Limited, a London-based consultancy aimed at helping managing agents and coverholders navigate complex delegated authority arrangements.

Public sector bodies have been urged to review the scope of their insurance contracts following changes to International Financial Reporting Standard 17 by the Financial Reporting Advisory Board. The revision aims to make the reporting of risk transfer contracts more comparable between different entities.

Allianz UK has announced a new partnership with Evoque Group to integrate sustainability more deeply into its claims process.

The Lloyd’s Market Association has urged insurers to review their exposure to Russian oil ahead of changes to the UK and EU Oil Price Cap regimes, which will lower the cap to US$47.60 per barrel in September.