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Our Scans · (FS.4.00) Insurance · Weekly Summary


  • [New] With many regions moving ahead with Open Finance use cases, including in Brazil which has implemented Open Insurance, the UK and Europe may risk falling behind. Open Banking Expo
  • [New] Confronted with increasingly complex risks, the global insurance industry faces many emerging challenges to traditional underwriting and risk management frameworks, particularly from the evolving perils of climate and cyber risk. Actuarial Review Magazine
  • [New] As the global insurance industry moves into 2026, artificial intelligence is expected to play an increasingly structural role in how insurers design products, assess risk, and serve customers. IBS Intelligence
  • [New] Collision Insurance: By turning collision risk into a measurable, forensic data point, Odin Space is enabling the world's first collision-only insurance products, which can be up to 100 x cheaper than traditional all-risk premiums. IIP
  • [New] Research from GlobalData estimates that India's life insurance gross written premiums could reach INR 14.6 trillion (US$ 170 billion) by 2029, up from INR 9.2 trillion (US$ 110.2 billion) in 2024, implying a compound annual growth rate of 9.6% over 2024-2029. Insurance Business
  • [New] Once data proves that autonomous vehicles are 10 x safer than humans (a milestone Waymo is already approaching), the insurance premiums for human-driven commercial vehicles will become prohibitively expensive. Torque News
  • [New] With winterkill risks rising in Russia and Ukraine and war risk insurance premiums for maritime shipping doubling in a matter of days, the cost of moving grain from the Black Sea to the world's hungry populations is once again on the rise. Valley City Times-Record
  • [New] In 2026, tokenized insurance products will likely gain traction among retail and commercial clients, providing tokenization opportunities for innovation in risk management. Inoru
  • [New] In life insurance, GlobalData expects direct written premiums to rise from MYR69.1 billion (US$ 15.6 billion) in 2025 to MYR90 billion (US$ 20.4 billion) in 2029, a CAGR of 6.8%. Insurance Business
  • [New] Given the expiration of the enhanced premium tax credits (which continue to be debated in Congress), Californians who purchase health insurance through Covered California will see their premiums rise by an average of 97%. California Budget & Policy Center
  • [New] IRDAI has committed to enable Insurance for All by 2047, with every citizen having appropriate life, health, and property protection and every enterprise supported by suitable risk solutions. / India Insurance Business
  • [New] In an environment of persistent global instability, political risk insurance is not only a protective tool, but also an enabler of investment, resilience and more efficient capital allocation. ReinsuranceNe.ws
  • [New] Persistent geopolitical and macroeconomic uncertainty is expected to continue driving demand for political violence, SRCC and political risk re/insurance in 2026. ReinsuranceNe.ws
  • [New] Nearly half of US counties - 42% - now face both above-median climate risk and increasing home insurance costs, with the most acute pressures in parts of California, Florida, New York, and Texas. Climate Proof
  • [New] Australian private health insurers are warning that proposed changes to private hospital funding could lead to a reduction in private health insurance participation, at a time when premium increases and higher medical costs are already influencing consumer behaviour. Insurance Business
  • Premium rates for senior care health insurance are projected to increase by 4.6% in FY 2027 and in FY 2028 and by 4.8% in FY 2029. Office of the New York City Comptroller Mark Levine
  • Employees' and retirees' pay-as-you-go health insurance costs in the November Plan are now estimated to be $9.81 billion for FY 2026, $10.20 billion in FY 2027, $10.69 billion in FY 2028, and $11.22 billion in FY 2029. Office of the New York City Comptroller Mark Levine
  • Artificial intelligence, cyber insurance, and climate change / natural catastrophes will be the three most influential themes shaping the insurance industry in 2026. Voyageur Group
  • India's insurance regulator has reported a further increase in mis-selling-related complaints, indicating ongoing conduct risks in the life segment even as overall grievance volumes remain relatively stable. Insurance Business
  • Banking and insurance giants, which have been deserving of the trust and customer preferences for centuries, are at risk of losing it in 2026. Quertum
  • Global health insurance costs are projected to rise again by double-digits in 2026, on the back of a growing number of chronic diseases, an ageing population, and investments in new technologies. Consultancy-me.com
  • Insurers risk stalling the expansion of personalised pricing and usage-based insurance in 2026 unless they address long-standing consumer concerns around data privacy and transparency. Insurance Business
  • Insurance-backed employee benefits are expected to become even more central to workforce strategy in 2026, as employers look to manage absence, wellbeing and demographic change through structured risk transfer solutions. Insurance Business

Last updated: 20 January 2026



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