The Oklahoma Insurance Department (OID) announces its captive insurance programme achieved a record year in 2025, marking the fastest three-year growth period in the state’s history.

AM Best affirms the Financial Strength Rating of ‘A’ (Excellent) and the Long-Term Issuer Credit Rating of ‘a’ (Excellent) of Park Assurance Company (Park).

Reinsurance and risk capital solutions broker Augment Risk expands its Latin American platform with the addition of specialist weather parametric and structured weather risk transfer capabilities.

Captive Coalition announces the launch of Ascend, a captive insurance programme designed exclusively for independent agents.

Generali launches Generali Core Tech, a new software factory designed to advance the group’s technological transformation and scale its shared insurance platforms.

RIMS, the risk management society, announces its legislative priorities for 2026, identifying third-party litigation funding and the reauthorisation of the Terrorism Risk Insurance Act (TRIA) as critical issues for the industry.

Insurance software provider DICEUS appoints Diana Haddad as regional manager for the Middle East and South Africa.

Newly formed specialty insurance platform Pinion Insurance (Pinion) announces its official launch with a commitment of up to US$180 million from global asset management firm Barings.

Xitus selects INTX Insurance Software (INTX) as its core insurance operating system to support and scale its global legacy and captive insurance operations.

HDI Global launches its new strategy cycle, Xcelerate29, which will guide the firm’s operations from 2026 to 2029 with a focus on targeted international expansion and technical excellence.

AXA Digital Commercial Platform (AXA DCP) partners with Planet to monitor, track and respond to natural catastrophes using high-frequency satellite data.

Fitch Ratings expects European insurance mergers and acquisitions (M&A) to accelerate through 2026, as softer pricing and stable interest rates curb organic growth prospects.