October 20, 2026

Marsh's latest detailed index shows global commercial rates down about 6% in Q2 2026, the eighth straight quarterly fall, with property down 12% and cyber down 4%, while US casualty rates rose 7%. Marsh's Q3 headline reportedly shows the decline slowing to about 5%.

An analyst note signals property catastrophe rate cuts of 10-15% on January 1, 2027, while Munich Re's July renewals fell 5.5% and Hannover Re says it expects risk-adequate prices with terms broadly unchanged.

CatIQ's third estimate puts insured losses from the June 9-10 Prairie storms at $923 million, up from $728 million initially, driven latterly by commercial property; Manitoba Public Insurance received a record 29,195 hail claims.

Sumitomo Life has set aside up to ¥1 trillion (about $6.3 billion) for investments through March 2029 and will have Symetra lead the search for US deals, as Japanese life insurers such as Meiji Yasuda, Nippon Life and Daiichi continue to expand in America.

At its 137th meeting on July 28, 2026, chaired by Ajay Seth, IRDAI approved seven regulations aligning the rulebook with the Sabka Bima Sabki Raksha Act, 2025, including the Policyholders' Education and Protection Fund Regulations and stricter intermediary rules aimed at curbing mis-selling.

Defaqto data show competitive UK motor premiums 2.7% higher in September than a year earlier, the first annual rise since 2023, while the ABI reports record quarterly claims payouts of £3.2 billion and an average premium of £566 in Q2 2026.