Global commercial insurance rates fall by an average of 6 per cent in the second quarter of 2026, marking the eighth consecutive quarter of rate decreases, according to the latest Global Insurance Market Index from Marsh.
The Prudential Regulation Authority and the Financial Conduct Authority launch their consultation on a bespoke regulatory regime for captive insurance, setting out the detailed framework for a regime the regulators have been trialing since 2025.
WTW appoints Barry Perkins as managing director, integrated and global solutions, based in London.
Willis, a WTW business, expands its CyMax Facility, a primary and excess cyber facility for SMEs and middle-market companies across EMEA, in partnership with insurers AXA XL, Beazley, HDI Global and Markel.
Guy Carpenter is uniting its UK property and casualty and London Europe teams under a single leadership structure, effective 1 January 2027, in a move it says will give clients more seamless access to broking, claims, analytics, and advisory expertis
Augment Risk, the reinsurance and capital solutions broker, appoints Lee Bonnett to develop its growing managing general agent (MGA) client base, effective immediately.
James Bulkowski serves as a senior director with Alvarez & Marsal Tax in New York, advising global organisations on captive insurance, alternative risk financing, and tax and insurance solutions.
The Prudential Regulation Authority sets out its plans for a bespoke UK captive insurance regime, confirming that it expects to issue a consultation paper in summer 2026 and for the regime to go live in mid-2027.
