Parametric pools ARC, CCRIF, PCRIC, SEADRIF to explore joint reinsurance platform

The main four parametric natural disaster insurance risk pools have committed to a unique collaboration, which will see them explore the creation of a joint risk finance and reinsurance platform. This initiative, aimed at expanding global climate risk protection, brought together representatives from African Risk Capacity Ltd. (ARC), CCRIF SPC, SEADRIF Insurance Company, and the […]

Hong Kong to move forwards with tax exemption for ILS investments

Hong Kong’s Secretary for Financial Services and the Treasury Christopher Hui explained today that the government aims to enhance its preferential tax regime and extend the eligible asset classes for tax exemptions to include insurance-linked securities (ILS), such as catastrophe bonds. The goal is to enhance competitiveness of its financial marketplace and attract more investors […]

Bid-heavy demand, tightening cat bond spreads persisted in secondary market: Swiss Re

The secondary market for catastrophe bonds alternated between extended periods of low trading volume and flurries of more active turnover in 2025. However, according to Swiss Re Capital Markets, the market remained relatively “bid-heavy” throughout the majority of the year, with limited offers and tightening spreads reflecting a sellers’ market characterised by excess capacity. In […]

IFSCA to send SPI sidecar proposals to Indian government: Chairman K. Rajaraman

The International Financial Services Centres Authority (IFSCA) will be sending proposals to the Government of India regarding the regulator’s proposed framework that would allow re/insurers to set up reinsurance sidecars in a special purpose insurance (SPI) framework, Chairman K. Rajaraman announced at the Global Conference of Actuaries 2026 earlier this week. IFSCA’s SPI framework was […]

FERMA urges EU to integrate cat bonds, ILS, & parametrics into climate resilience framework

FERMA, the Federation of European Risk Management Associations has urged the European Commission to adopt a collaborative approach to the climate resilience framework it plans to introduce later this year, calling for the use of catastrophe bonds, insurance-linked securities (ILS) and parametric products. The Commission’s European Climate Resilience Framework is expected to be launched in […]

157 Re represents a ‘cornerstone’ of Arundo Re’s capital management: Mathieu Halm

With Arundo Re recently completing its eighth vintage of its 157 Re reinsurance sidecar, Mathieu Halm, Board Secretary and Chief Retrocession & Alternative Capital Officer of the firm recently told Artemis how the vehicle has become a reliable and central alternative capital vehicle for the firm, and how the company sees it as one of the […]

Ecuador contracts first parametric insurance for climate-vulnerable farmers

Ecuador has contracted its first parametric agricultural insurance policies, benefitting up to 10,000 people in smallholder rice and maize farming households against extreme rainfall and drought risk, marking a major milestone for the Tripartite Agreement Programme, a public-private partnership between the Insurance Development Forum (IDF), the United Nations Development Programme (UNDP), and the German Federal […]

Institutional ILS demand surges, investment manager selection remains key: bfinance

With the insurance-linked securities (ILS) sector continuing to expand, institutional investor appetite within the space has been resurgent. A new paper from consultancy firm bfinance acknowledges that manager selection within the market involves distinct challenges, with unique investment risks and notable operational complexity to consider. Recent demand for ILS strategies has been particularly strong. While […]

Global Parametrics highlights how parametric products & cat bonds can scale humanitarian risk financing

A recent report from Global Parametrics has acknowledged that catastrophe bonds can be part of the solution to risk financing for humanitarian organisations. The firm suggests that for humanitarian organisations requiring substantial capacity, multi-year cat bonds, as well as parametric products may secure greater limits and provide longer-term protection than other financial instruments, but only as […]