Our Scans · (FS.4.01) Insurers' Business Model · Weekly Summary

• [New] British commercial insurance is characterized by a highly mature broker network and a legal system that fosters innovation in policy wording and risk transfer mechanisms. Market Data Forecast
• [New] Canadian businesses need a cyber insurance policy that helps them feel confident about navigating the increasingly complex and fast-moving digital threat landscape. Insurance Journal
• [New] The $35 million of Cumulus Re 2026-1 cat bond notes afford Hannover Re another single year of capital markets backed collateralized retrocessional cyber reinsurance protection, covering the risk of major cloud provider outages using a parametric trigger. Artemis.bm - The Catastrophe Bond, Insurance Linked Sec
• [New] Reinsurance professionals will be closely monitoring whether the DFC guarantees function as a first-loss political risk layer or as a broader systemic stabilization mechanism for global trade finance. ReinsuranceNe.ws
• [New] Vermont released guidance on credit for reinsurance for captive insurers, detailing requirements for recognizing reinsurance recoverables, transferring risk to qualified reinsurers, and maintaining sufficient security to ensure claims are paid. First Consulting
• Persistent geopolitical and macroeconomic instability is set to keep demand high for political violence, strikes, riots, civil commotion and political risk reinsurance through 2026. Business Insurance
• The increased premium subsidies will allow most corn and soybean producers in the Midwest to utilize an 80 or 85% revenue protection insurance policy with farm-level APH yields, and then supplement that policy with SCO and ECO insurance coverage utilizing county yields. Agweek
• The Insurance Regulatory and Development Authority of India is implementing its universal insurance coverage by 2047 programme, which includes AI-based platforms and the Bima Sugam portal aimed at simplifying distribution, policy issuance and servicing, and customer interaction. Insurance Business
• If reinsurance and catastrophe bond pricing is particularly conducive then potentially TWIA could buy more coverage for the budget set aside for risk transfer in 2026. Artemis.bm - The Catastrophe Bond, Insurance Linked Sec
• Partnerships between European life insurers and large, mainly US, alternative investment managers are likely to continue, although UK and EU regulators are monitoring potential misalignments between policyholder and shareholder interests and risks linked to asset-intensive reinsurance structures. Insurance Business
• In a sector update, Fitch said it expects deal-making to increase particularly in specialty and reinsurance, UK, Dutch and German life, and European bancassurance. Insurance Business
• The OECD recommended wider use of public-private partnerships and reinsurance capacity to share catastrophe risk, alongside product structures that give policyholders options between parametric, indemnity, or hybrid payout mechanisms. Insurance Business
• England Golf has announced a three-year partnership with Howden, designating the global insurance broker as its official insurance partner through the end of 2028. Insurance Business
• The Australian Reinsurance Pool Corporation has completed its terrorism retrocession program for 2026, adjusting the structure and limit of its protection in line with updated legislation and its current view of terrorism risk in Australia. Insurance Business
• Emergence Insurance has released an updated wording of its Cyber Event Protection policy, CEP-005.1, for small and medium-sized enterprises (SMEs) in Australia, as cyber threats remain a leading operational risk for local organizations. Insurance Business
• The biggest rise in health insurance premiums this decade will hit 15 million Australians from April after the federal government approved a 4.41% increase in the average policy cost. Brisbane Times
• Policy changes to China's non-motor insurance business spell a positive impact for reinsurers, as Chinese cedents will place greater emphasis on reinsurers' expertise. Asia Insurance Review
• The European Union is moving to tighten sanctions on Russia by proposing a full ban on maritime services for Russian crude oil, a step that would significantly expand restrictions on marine insurance, reinsurance and related risk services if approved by member states. Insurance Business
• Based in Milan, SRS Italy will be the first specialised provider of insurance management services specifically for captive insurance and reinsurance companies based in Italy. ReinsuranceNe.ws
• Recent changes in Singapore's housing policy settings are expected to have implications for the type and duration of property insurance bought by households and investors. Insurance Business
• Fitch expects non-life insurers to benefit from softer reinsurance pricing in 2026. Insurance Business

Last updated: 17 March 2026