October 22, 2026

Marsh's Q3 2026 index shows global commercial insurance rates down about 5% (after 6% in Q2), with property down 10%, cyber down 4% and US casualty up 6%, while CRC Group reports US property renewals still down about 11% but with the pace of decline moderating.

Gallagher Re puts global insured natural-catastrophe losses for January to September 2026 at $92 billion, 29% below the 10-year average of $128 billion; severe convective storms caused almost 60% of the total, and no single event exceeded $10 billion for six straight quarters.

TAL Dai-ichi Life Australia, a subsidiary of Japan's Daiichi Life Group, has made a non-binding indicative proposal to buy the remaining 79.5% of Challenger at A$11.80 per share through a scheme of arrangement, subject to due diligence, final terms and regulatory approvals.

PERILS raised its insured loss estimate for the July 13-19, 2026 severe convective storms named SCS Cerry to €2,806 million from €2,186 million; the event hit Germany, France, Switzerland and Italy with large hail, damaging winds and heavy rain, and CatIQ lifted its estimate for September's southern Ontario storms to C$671 million.

Attackers accessed internet-connected refrigeration controllers and triggered defrost cycles at stores run by Intermarché, Carrefour and Coopérative U in France, with about 700 stores reportedly disrupted according to Insurance Journal; no group has claimed responsibility.

W. R. Berkley reported Q3 2026 gross written premiums of $3.95 billion (up from $3.83 billion), a combined ratio of 90.8%, operating income of $456 million, net income of $446 million and net investment income of $383.5 million.