October 28, 2026

Florida homeowners insurer Slide Insurance reported third-quarter 2026 net income of $138.2 million, up 24.5%, on a 59.3% combined ratio, declared a $1.50 one-time special dividend and raised its 2026 net income outlook to $500 million to $520 million, while flagging up to $50 million of pre-tax Hurricane Isaias losses in the fourth quarter.

Universal Insurance Holdings reported third-quarter 2026 net income available to common of $52.5 million, up 31.8%, with a 91.0% net combined ratio, 32.7% annualized return on common equity and 7.9% growth in policies in force, while Florida direct premiums written fell 3.3% and other states grew 18.5%.

The Central Bank of the UAE replaced its 2022 takaful rules with a regulation effective September 14, 2026 that requires each operator to run a legally separate takaful fund, use a wakala-based model at all times and, for conventional insurers with Islamic windows, obtain approval and keep separate accounts and sharia governance.

At the Insurance Brokers Association of Ontario convention, executives from Intact, Definity, Wawanesa, Aviva and CAA Insurance said AI search tools are changing how customers research insurance; Intact put LLM share of searches at about 40%, Definity argued brokers benefit because models favor reviews and advice content, and the panel disagreed on how fast direct sales are growing.

The Insurance Council of Australia puts annual regulatory compliance costs at A$2.5 billion to A$3.5 billion, 4% to 6% of gross written premium, and APRA said on September 24, 2026 that its 2026-27 measures aim for a broadly net neutral burden, with new reinsurance standards starting January 1, 2027.

IRDAI barred Edelweiss Life, Pramerica Life, ACKO General and Niva Bupa Health from opening new places of business for six months over FY25 expense-of-management breaches, with 23 insurers exceeding limits, while its consultation on distribution costs drew more than 650 submissions and had its deadline extended to October 31, 2026.