October 21, 2026

Chubb reported third-quarter 2026 net income of $2.84 billion ($7.30 per share) and a P&C combined ratio of 84.1%, up from 81.8%, as catastrophe losses rose to $705 million from $285 million and favourable reserve development reached $511 million.

A Bloomberg Intelligence analysis finds average homeowner premiums exceed property-tax bills in about two-thirds of US counties, with county-level premiums up 45% in a decade after inflation and the gap widest in the Southeast, where insurance can cost 2.5 to 4 times the tax levy.

AM Best reports homeowners multiperil insurers earned a $16.5 billion underwriting profit in 2025 after a $1.3 billion loss in 2024, with the combined ratio improving to 84.5 from 90.7, helped by $4.1 billion of favourable reserve development, Florida tort reform and a calm hurricane season.

A 'power event' in Google Cloud's europe-west2 London region caused an hours-long outage on October 20, 2026 that affected Revolut card payments and ATM withdrawals and was reported by Lloyds and HSBC customers; the FCA said it is working with Google and affected firms.

On July 7, 2026 APRA finalised amendments to its general insurance reinsurance framework, effective January 1, 2027, making alternative reinsurance arrangements easier to access and reducing approval requirements, with updated reporting forms due in the test environment in September 2026.

Fitch says Tokio Marine, Sompo and MS&AD improved their combined ratio to 94% in the year to March 2026 from 99%, but combined ordinary profit of ¥2.2 trillion was about 90% disposal gains from strategic shareholdings, which it expects to shrink.