Catastrophe bonds offer something rare among scalable income strategies: King Ridge
As per a recent report by King Ridge Capital Advisors, unlike many niche, non-credit strategies, catastrophe bonds offer diversification, differentiation and scale, which the firm suggests makes them the only non-credit income solution large enough to meet the future demands of institutional and individual investors. The specialist insurance-linked securities (ILS) investment manager states that with […]
India urged to develop its own insurance-linked securities (ILS) regulatory framework
An expert panel has recommended that India develops its own insurance-linked securities (ILS) regulatory regime through its International Financial Services Centres Authority (IFSCA), which would include exploring the issuance of instruments such as catastrophe bonds. The panel, the Working Group (WG), which consists of industry experts, particularly within Alternative Risk Transfer (ART) arrangements, has published […]
Brazil’s ILS structure opens a new chapter for its re/insurance market: Fitch
Following the completion of Brazil’s first-ever insurance-linked securities (ILS) issuance earlier this year, analysts at Fitch Ratings have highlighted how the country’s ILS framework marks the beginning of a new chapter for its re/insurance market. Back in May, Brazilian reinsurer IRB (Re), via its wholly owned subsidiary, Andrina Special Purpose Insurance Entity (SSPE) sponsored the country’s […]
Third-party capital projected to grow 7%, hit $114bn in 2025: AM Best & Guy Carpenter
According to the latest projection from rating agency AM Best and broker Guy Carpenter, third-party capital deployed in reinsurance is anticipated to grow by almost 7% this year, projected to end the year at a new high of $114 billion. Third-party capital, that largely represents the capacity deployed by insurance-linked securities (ILS) fund managers and […]
Cat bonds deliver in 2025. Demonstrate low correlation, spreads exceed high yield: Swiss Re
The catastrophe bond asset class continued to deliver for its investors through the first-half of 2025, exhibiting low correlation with broader financial markets, while spreads continue to track at levels that exceed those seen in high yield benchmarks, Swiss Re Capital Markets has reported. In its latest Insurance-Linked Securities Market Insights report, the Swiss Re […]
Catastrophe Bond Market Surges to Near-Record Heights Despite Natural Disaster Impact
Strong investor appetite drives $17 billion in issuances in H1 2025 as total CAT bond market size reaches $56 billion milestone, Swiss Re reports. The catastrophe bond market has achieved remarkable growth in the first half of 2025, with issuance surpassing $17 billion across nearly 60 transactions to become the second-largest year since the market’s […]
Cat bonds, parametrics & risk pools can narrow nat cat protection gap: G20 South Africa event
Bridging the widening natural catastrophe insurance protection gap is part of building macro financial resilience, which calls for innovative solutions such as catastrophe bonds, parametric instruments and regional risk pools, according to Lesetja Kganyago, Governor of the South African Reserve Bank. The G20 South African Presidency, in collaboration with the International Association of Insurance Supervisors […]
UNDRR proposes disaster resilience adaptation financing structure, with ILS investment vehicle
The United Nations Office for Disaster Risk Protection (UNDRR) has published details of a proposal for a high-level Disaster Resilience Adaptation Financing (DRAF) structure that features an insurance-linked securities (ILS) vehicle, to support disaster risk insurance coverage and resilience adaptation financing. In a commentary authored by Alissa Legenza and Shaun Tarbuck, members of the UNDRR’s […]
Cat bond market momentum positions 2025 for exceptional year of issuance: Swiss Re
Catastrophe bond market momentum is anticipated to continue through the second-half of 2025, which added to a significant record set for the first-half leads Swiss Re Capital Markets to say the cat bond sector is positioned for an exceptional year of issuance. Publishing its H1 2025 ILS Market Insights report today, Swiss Re Capital Markets […]
CNBC: Catastrophe bond sales are having a major moment
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