Captives must become more accessible, flexible and technology-driven to play a bigger role in corporate risk management, industry leaders told delegates at the 2026 Airmic Guernsey conference. Speaking on a panel titled “2030 and beyond,” experts said the captive market is already moving past its traditional function of filling deductibles and participating in insurance programs. Will Thomas-Ferrand of Marsh argued that if the industry were designed today, barriers to

Default guided retirement solutions for defined contribution pension holders could expose millions of retirees to financial losses, according to new research from the Behavioural Insights Team (BIT). The study, commissioned by the Institute and Faculty of Actuaries, evaluated four retirement income models against behavioral evidence on pension decision-making: drawdown, immediate annuities, flex and fix, and retirement collective defined contribution (CDC). Under the Pension Schemes Act 2026, DC trustees must

A group including NatWest, Bank of America, ING, Capital One, Commonwealth Bank of Australia and ASB has warned that AI shopping agents can create fraud, privacy and recourse risks. The banks’ proposed principles include disclosing when an agent is acting, explaining material decisions, protecting data and preserving consumer choice and interoperability. These are industry proposals, not a binding global standard. From search assistance to delegated action The issue is

In September 2026, Howden Re announced a new International Alternative Solutions practice led by Alexander Roth to develop risk and capital structures for clients across Europe, Asia and other international markets. The practice combines structured reinsurance, climate science, data analytics, product design, portfolio structuring, pricing, capital-markets access and placement. Peter Steiner and Kanika Anand have moved from Howden’s Climate Risk and Resilience practice to establish a dedicated parametric capability

In September 2026, reporting on Marsh’s survey of 1,800 US employers indicated that average health-benefit cost per employee is expected to rise by 8.2% in 2027, the largest annual increase since 2003. The forecast already assumes that employers will make plan changes to reduce spending. Without those measures, the increase could reach about 11%. Fifty-nine percent of surveyed employers plan new cost-saving actions for 2027, including changes to deductibles

According to a publication issued in September 2026, Marsh Re sees greater buyer choice and more bespoke cyber reinsurance structures. It expects European premium growth close to 10% in 2026 despite double-digit rate reductions. These trends can coexist as insured exposure, limits and take-up change; the figures remain a market outlook, not a guarantee. AI adds urgency because automated tools can shorten the period between discovery of a vulnerability