On 9 July 2026, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, AFM) issued a news update on the findings of an exploratory study of the online choice environment of platforms that offer embedded insurance.
The study shows that these environments often contain several elements that may encourage consumers to
On 27 July 2026, the Australian Treasury issued for consultation an exposure draft of regulations that extend the class exemptions to the deferred sales model (DSM) for add-on insurance until 2031. Furthermore, the Australian Treasury is seeking input on whether any new class exemptions should be granted.
Background
The DSM is set out
On 22 July 2026, the Prudential Regulation Authority (PRA) published Consultation Paper 12/26 – Insurance friendly societies, amalgamations and transfers (CP12/26), setting out proposed updates to Chapter 4 of Statement of Policy 3/15 (SoP3/15), which governs the PRA’s approach to amalgamations and transfers of engagements by friendly societies (
On 23 July 2026, the Financial Conduct Authority’s (FCA) new Director of Insurance, Chris Knight, set out the regulator’s expectations in relation to the management of conflicts of interest in vertically integrated insurance business models. This was accompanied by the FCA’s publication of new guidance for firms.
“Vertically integrated business model” refers
On 14 July, the PRA and FCA published consultation papers PRA CP11/26 – A tailored regime for captive insurance (PRA CP11/26) and CP26/29: A tailored regime for captive insurance (FCA CP26/29) setting out a proposed regulatory framework for captive insurance aimed at establishing the UK as “a centre for the fast-growing captive
On 7 July 2026, the Australian Prudential Regulation Authority (APRA) finalised its amendments to the general insurance (GI) reinsurance framework.
Background
The final changes are set out in APRA’s response paper following two rounds of consultation that took place in November 2024 and October 2025. The purpose of the reforms are
The Senate has adopted the amendment to the bonus cap on 19 May 2026. This update outlines the key changes introduced by the amendment, including its impact on identified staff and the broader remuneration framework within the financial sector.
We also highlight practical steps that financial institutions may wish to consider in light of these
The Prudential Regulation Authority (PRA) has published a consultation paper on funded reinsurance (CP8/26) to address its concern that the acceleration in the use of funded reinsurance by the UK’s pension risk transfer market may pose a systemic threat to the stability of the wider UK insurance market, in the context
On 1 April 2026, an inauspicious date given the gravity of the subject matter, the Australian Parliament passed the Treasury Laws Amendment (Genetic Testing Protections in Life Insurance and Other Measures) Act 2026 (the Act). The Act received Royal Assent on 8 April 2026. The amendments to the Insurance Contracts Act 1984 (Cth) (