🇦🇺 Australia's Revised General Insurance Code Would Make Insurer Promises Legally Enforceable and Auto-Accept Home and Motor Claims After 12 Months, as AFCA Reports 36,022 Complaints — Insurance Business Australia (October 22, 2026), reporting the Insurance Council of Australia's revised Code and AFCA's 2025-26 Annual Review🇨🇦 Intact and Definity Put Third-Quarter Catastrophe Losses at About C$850 Million Combined, Pushing Intact Above Its Annual Guidance — Insurance Business Canada (October 7, 2026), Reinsurance News (October 8, 2026) and insurance-canada.ca (October 23, 2026)🇦🇺 TAL, Owned by Japan's Dai-ichi Life, Bids A$11.80 a Share for Challenger, Australia's Largest Annuity Provider, in a Non-Binding Proposal Worth Nearly A$8 Billion — Insurance Business Australia (October 19, 2026) reporting TAL's proposal and Challenger's ASX announcement🇫🇷 French Supermarket Refrigeration Hack Hit About 700 Stores: Why Cyber Policies May Not Pay for Spoiled Food, and What Lockton Says to Check — Insurance Journal (October 21, 2026) and Insurance Business Australia, reporting Lockton Australia analysis (October 20, 2026)🇺🇸 AM Best: Commercial Auto Liability Lost $6.4 Billion in 2024 as Litigation Costs Outpace 14 Straight Years of Rate Increases — Insurance Business US (October 19, 2026) reporting an AM Best special report on social inflation🇺🇸 Marsh Global Insurance Market Index: Commercial Rates Fall 5% in Q3 2026, the Ninth Straight Decline, as US Casualty Rises 6% and Pacific and IMEA Drop 12% and 14% — Marsh Global Insurance Market Index press release (October 21, 2026) and Insurance Journal (October 21, 2026)🇺🇸 Hurricane Isaias Insured Loss Estimates Range From $1 Billion to $4.5 Billion: What the Modelers, Florida Regulators and AM Best Are Saying — Insurance Business, Insurance Journal, Business Insurance, Beinsure and Florida Phoenix (October 13-19, 2026)🇩🇪 Munich Re Raises Its 2026 Profit Target to €6.6 Billion After a Preliminary €1.7 Billion Third Quarter Driven by Light Major Losses — Reinsurance News (October 23, 2026) and Munich Re half-year report (July 8, 2026)🇺🇸 Selective Insurance's Third Quarter: Operating EPS Up to $2.37 and a 96.8% Combined Ratio as Premiums Fall 7% on Deliberate Pruning — Selective Insurance Group Form 8-K press release (October 22, 2026) and Q3 earnings call (October 23, 2026)🇫🇷 Moody's Holds France at Aa3 With a Negative Outlook, a Reprieve Conditioned on a 2027 Budget, After 10-Year Yields Hit 5.1% — Euronews (October 24, 2026), Il Sole 24 Ore, MarketScreener, ABC Bourse (October 21, 2026) and Selectra (October 14, 2026)🇦🇺 Australia's Revised General Insurance Code Would Make Insurer Promises Legally Enforceable and Auto-Accept Home and Motor Claims After 12 Months, as AFCA Reports 36,022 Complaints — Insurance Business Australia (October 22, 2026), reporting the Insurance Council of Australia's revised Code and AFCA's 2025-26 Annual Review🇨🇦 Intact and Definity Put Third-Quarter Catastrophe Losses at About C$850 Million Combined, Pushing Intact Above Its Annual Guidance — Insurance Business Canada (October 7, 2026), Reinsurance News (October 8, 2026) and insurance-canada.ca (October 23, 2026)🇦🇺 TAL, Owned by Japan's Dai-ichi Life, Bids A$11.80 a Share for Challenger, Australia's Largest Annuity Provider, in a Non-Binding Proposal Worth Nearly A$8 Billion — Insurance Business Australia (October 19, 2026) reporting TAL's proposal and Challenger's ASX announcement🇫🇷 French Supermarket Refrigeration Hack Hit About 700 Stores: Why Cyber Policies May Not Pay for Spoiled Food, and What Lockton Says to Check — Insurance Journal (October 21, 2026) and Insurance Business Australia, reporting Lockton Australia analysis (October 20, 2026)🇺🇸 AM Best: Commercial Auto Liability Lost $6.4 Billion in 2024 as Litigation Costs Outpace 14 Straight Years of Rate Increases — Insurance Business US (October 19, 2026) reporting an AM Best special report on social inflation🇺🇸 Marsh Global Insurance Market Index: Commercial Rates Fall 5% in Q3 2026, the Ninth Straight Decline, as US Casualty Rises 6% and Pacific and IMEA Drop 12% and 14% — Marsh Global Insurance Market Index press release (October 21, 2026) and Insurance Journal (October 21, 2026)🇺🇸 Hurricane Isaias Insured Loss Estimates Range From $1 Billion to $4.5 Billion: What the Modelers, Florida Regulators and AM Best Are Saying — Insurance Business, Insurance Journal, Business Insurance, Beinsure and Florida Phoenix (October 13-19, 2026)🇩🇪 Munich Re Raises Its 2026 Profit Target to €6.6 Billion After a Preliminary €1.7 Billion Third Quarter Driven by Light Major Losses — Reinsurance News (October 23, 2026) and Munich Re half-year report (July 8, 2026)🇺🇸 Selective Insurance's Third Quarter: Operating EPS Up to $2.37 and a 96.8% Combined Ratio as Premiums Fall 7% on Deliberate Pruning — Selective Insurance Group Form 8-K press release (October 22, 2026) and Q3 earnings call (October 23, 2026)🇫🇷 Moody's Holds France at Aa3 With a Negative Outlook, a Reprieve Conditioned on a 2027 Budget, After 10-Year Yields Hit 5.1% — Euronews (October 24, 2026), Il Sole 24 Ore, MarketScreener, ABC Bourse (October 21, 2026) and Selectra (October 14, 2026)

Editorial Team

Masthead

The people responsible for what we publish, how we source it, and how we correct it when we get something wrong.

Editorial Team

S

Subham

Founder & Editor-in-Chief

Oversees editorial direction, sourcing standards, and day-to-day coverage decisions across PolicyRix. Responsible for final review of published stories and for responding to reader-flagged corrections.

Sourcing Standards

  • ✓Every article is sourced from verified, publicly available reporting — including Reuters, AP, Bloomberg, CNBC, official regulatory bodies, and company press releases.
  • ✓Source names and links are displayed on every article, along with a verification status.
  • ✓Our team rewrites and paraphrases all content in our own words. We do not republish or copy source text.
  • ✓We do not publish claims that lack a verifiable, named source.

Corrections Policy

We take accuracy seriously. If you believe an article contains a factual error, please contact us with the article link and a description of the issue.

  • ✓We review every correction request against the original source material.
  • ✓Verified factual errors are corrected as soon as possible after review.
  • ✓Substantive corrections are noted at the bottom of the affected article, along with the date of the correction.
  • ✓Minor edits (typos, formatting) may be made without a separate correction note.