Singapore to extend ILS grant scheme to cover non-APAC cat bond risks again
Having made its insurance-linked securities (ILS) grant scheme more restrictive back in 2023, to only offer the grant to catastrophe bonds or ILS covering regional risks from Asia Pacific, Singapore is reversing that move and expanding the ILS grant offering once again to cover cat bond risks from other locations around the globe, it appears. […]
No adverse ILS market reaction expected from Melissa cat bond payout: Fitch
As Jamaica awaits an official determination on a potential $150 million payout from its IBRD CAR Jamaica 2024 parametric catastrophe bond from Hurricane Melissa, ratings agency Fitch has said that it does not expect to see any adverse reaction from the insurance-linked securities (ILS) market as a result of the payout. As we reported last week, Jamaica’s IBRD CAR […]
ILS funds deliver record 2.07% return in September, according to ILS Advisers Index
The insurance-linked securities (ILS) fund sector has delivered its highest single month of investment returns on record in September 2025 according to the ILS Advisers Fund Index, as strong premium accrual, coupon earnings and a benign loss environment combined to drive exceptional performance. Investors in the insurance-linked securities (ILS) market have now enjoyed positive returns since […]
Jamaica to get $70.8m parametric CCRIF payout for hurricane Melissa winds
CCRIF SPC, the Caribbean and Central America Parametric Insurance Facility and Development Insurer, is set to make its biggest single payout after after major hurricane Melissa triggered Jamaica’s tropical cyclone policy. There could be more parametric risk transfer payout financing to come as well, as CCRIF said that the Government of Jamaica is expected to […]