November 2, 2026

Arthur J. Gallagher & Co. reported third-quarter 2026 revenues of $3,930 million, up from $3,325 million, with net earnings of $406 million, adjusted EPS of $3.00 versus $2.31 and organic brokerage growth of 5%, while acquisition activity fell sharply from a year earlier.

The Australian Reinsurance Pool Corporation's 2025-26 annual report says the cyclone pool has paid more than A$1 billion in claims since 2022 after nine declared cyclone events, without drawing on its A$10 billion government guarantee, while premium discounts for mitigation had reached only A$1,716 for strata buildings.

The UK Financial Conduct Authority's multifirm review of frontier AI and cyber resilience, summarised by law firms in September and October 2026, reports five themes drawn from what firms said, led by the finding that vulnerability discovery is outpacing firms' ability to respond, and states that it creates no new rules or expectations.

New India Assurance reported a standalone loss after tax of Rs 1,26,704 lakh (about Rs 1,267 crore) for the second quarter of FY27, citing large property and flood claims, a Rs 715 crore motor third-party provision after a Supreme Court ruling and falling property rates, partly offset by about Rs 1,800 crore of gains from selling part of its NSE stake.

From January 1, 2027, British Columbia businesses that sell insurance incidentally, including all motor vehicle dealers, need a Restricted Insurance Agency licence from the Insurance Council of BC, with a C$1,000 application fee, a trained designated representative, accredited training for sellers and a March 31, 2027 application deadline for those using earlier exemptions.

ASIC has filed civil penalty proceedings in the Federal Court against David Anderson and Simon Selimaj of Falcon Capital over the First Guardian fund, alleging that more than 6,000 investors put in over A$600 million, mostly from superannuation, while the collapse pushes the Compensation Scheme of Last Resort's FY2027 estimate to A$198.1 million; none of the allegations has been proven.