ILS an increasingly viable reinsurance alternative, continued growth expected: Gallagher Securities
The insurance-linked securities (ILS) market is gaining ground as a viable reinsurance alternative, helped by reduced risk premiums, increased confidence in models, lower transaction costs and still-growing investor interest, leading Gallagher Securities to say it anticipates continued growth of the sector. The broker dealer and investment banking arm of reinsurance broker Gallagher Re said that […]
Cat models fundamental to ILS underwriting and risk management: LGT ILS Partners
As climate risk escalates, insurers and reinsurers are increasingly relying on catastrophe modelling to navigate uncertainty. For insurance-linked securities (ILS) managers, these tools go beyond guidance, they are foundational to underwriting discipline, portfolio construction, and investor capital protection, according to a new report from LGT ILS Partners. In a new report, analysis from LGT ILS […]
ILS growth accelerates with surge in new perils: AXA IM’s Divet
As the insurance-linked securities (ILS) market continues to expand, the diversification of risk portfolios has never been more crucial, and according to François Divet, Head of ILS at AXA Investment Managers (AXA IM), the expanding range of perils within the ILS space could help. In an article, Divet highlighted how 2024 was a remarkable year […]
Peak Re’s new Black Kite Re cat bond signals growing maturity of Hong Kong ILS platform
Hong Kong’s Insurance Authority (IA) has welcomed the recent issuance of the latest catastrophe bond sponsored by Peak Re, the US $50 million Black Kite Re Limited (Series 2025-1) transaction, while also noting that the deal represents a sign of the maturity under its insurance-linked securities (ILS) regulatory regime. As we’ve been reporting, Peak Re secured a three-year […]
Twelve Securis gates flagship cat bond fund to maintain integrity as it grows
Specialist insurance-linked securities investment manager Twelve Securis has put in place a temporary restriction on new subscriptions to its flagship Twelve Cat Bond Fund, as the manager looks to manage flows as the strategy reaches a new record size. Twelve Securis said in an update to investors seen by Artemis that the Twelve Cat Bond […]
There are good opportunities for Arundo Re despite trade war uncertainty: Deputy CEO, Montador
Although the ongoing tariff war and resulting inevitable higher inflation will undoubtedly impact all lines of insurance and reinsurance business, French reinsurer Arundo Re’s very strong balance sheet will create opportunities for growth, according to the company’s Deputy Chief Executive Officer (CEO), Laurent Montador. Formerly known as CCR Re, the Arundo Re brand launched in January […]
Cyber & Parametric ILS gain momentum as cat bond market evolves: AM Best
The insurance-linked securities (ILS) market is continuing to evolve beyond traditional catastrophe bonds, with growing issuance in cyber and parametric segments, reflecting efforts to close protection gaps and provide alternative risk transfer solutions, according to a new report from AM Best. While indemnity-based catastrophe bonds still heavily dominate the market, AM Best highlights the rising […]
Hannover Re seeks wind & quake retrocession from $100m 3264 Re cat bond
Hannover Re is back in the catastrophe bond market with an initial target to secure $100 million or more in retrocession covering US and North American peak perils on an industry-loss basis, from a 3264 Re Ltd. (Series 2025-2) transaction that is now in the market and being offered to investors, Artemis can report. This will become […]
Reinsurance sector key as peak-year losses could top $300bn, Swiss Re
Faced with the possibility of “peak year” insured losses exceeding $300 billion, the Swiss Re Institute has suggested that the well-capitalised reinsurance sector, backed by $500 billion in capital, is pivotal to absorb large shocks. While secondary perils continue to generate significant losses, Swiss Re’s latest report highlights that primary perils, such as hurricanes and […]
Cat bonds structurally sound and increasingly attractive to investors: JANA
Catastrophe bonds are increasingly gaining ground with institutional investors and provide a compelling source of diversification and income at this time, according to Martin Rea, Senior Consultant at JANA Investment Advisers Pty Limited. Writing in a recent article in the Journal of Superannuation Management, Rea explains that in an environment where “traditional beta is less […]