Natural Disaster Finance: Nepal’s glacial flood death toll has climbed to 1,357 with 5,326 missing, and damage is estimated at NPR 387.54bn ($2.56bn); the finance minister says reconstruction could reach $4bn–$5bn, putting huge pressure on insurers and public recovery funding. Claims Speed & Disaster Readiness: A new push argues insurers should speed claims payouts ahead of severe weather, noting many consumers say they’d switch carriers after bad claims experiences. Cyber Insurance Growth: Swiss Re says AI is fueling cyber breaches and that 40% of large firms are underinsured, while business email compromise claims rose 57% year-on-year—creating both coverage gaps and new premium opportunities. Regulatory Scrutiny: Montana’s state auditor launched a market conduct review of Blue Cross/Blue Shield of Montana after a decade gap, focusing on marketing, underwriting, services and claims handling. AI Underwriting: Prudential Hong Kong rolled out an Alibaba Cloud-backed AI underwriting tool to give preliminary guidance in minutes. Market Conduct Penalty: South Korea’s FSC fined Tongyang Life about 7bn won for credit data misuse, sharply cutting an earlier proposed penalty. UK Identity Fraud: UK data shows card fraud topped identity fraud cases in 2025, with insurance listed among major categories. Reinsurance Leadership: Willis Re appointed Neil Eckert as CEO to accelerate global growth. Emerging Risk Outlook: Moody’s warns AI, cyber and climate risks are increasingly interconnected, challenging traditional underwriting and risk models.