October 15, 2026

Results filed on October 13 show three different pictures: JPMorgan's net interest income up 13%, Goldman's equities revenue up 72% and Wells Fargo's loan loss provision up 51% from a year earlier.

A report based on about two dozen senior insurance professionals says the withdrawal of cover for weather-related losses has begun and will accelerate, while the Association of British Insurers says the industry is investing heavily in understanding risk.

SEBI chairman Tuhin Kanta Pandey said on October 15 that the market regulator has written to the insurance regulator, as it also works on adding bank deposit information to the statement investors receive from depositories.

September labour force data show the highest jobless rate in about five years, with employment falling when economists expected a gain, just after the Reserve Bank lifted the cash rate to 4.60%.

The German Insurance Association says the low first-half bill reflects the absence of big winter storms, while flood-type losses doubled and the long-term average keeps rising.

Since July 1, several accident benefits are optional in Ontario, and estimates put the saving from declining them all at roughly 5% of an average premium, while victims' advocates say the choice mainly helps insurers.