Parametric insurance enters the mainstream as climate risks surge
Once seen as a niche tool for specialized risks, parametric insurance is accelerating into the mainstream insurance market, driven by rising climate volatility, better data, and a growing appetite for clear, fast-payout protection. That was the consensus among senior underwriting and technology leaders speaking at the Insurance Innovators Summit 2025 in London this week. During a panel […]
Swiss Re working on “future ideas” in ILS. May need less retrocession: CFO and CEO
Swiss Re is working on “future ideas” within its Alternative Capital Partners (ACP) division that focuses on insurance-linked securities and third-party capital management, the firm’s CEO said today. While its CFO explained more on the fact the company may need less external retrocession in 2026. As we reported this morning, Swiss Re has highlighted the role […]
Swiss Re highlights third-party capital investors as supporting nat cat growth
In announcing new targets and a refreshed strategy today, Swiss Re, one of the world’s largest reinsurance companies, has highlighted the role of third-party capital investors in helping to fuel its expansion into natural catastrophe risks over recent years, while also maintaining balanced exposure. Swiss Re explicitly said today, that the growth of its nat […]
Convergence of tokenisation and ILS an opportunity for Bermuda: BMA
According to the Bermuda Monetary Authority (BMA), the convergence of tokenisation with Bermuda’s traditional insurance-linked securities (ILS) sector presents opportunities to enhance liquidity, reduce transaction costs and expand access to insurance risk transfer across the British overseas territory. Asset tokenisation, which signifies a transformative method within blockchain-based digital asset representation, is attracting significant interest within […]
Red Cross pilots parametric flood insurance in Malawi with ARC and JBA support
The Danish Red Cross is piloting a parametric flood insurance program in Malawi with the support of the African Risk Capacity (ARC) as it looks to develop a sustainable solution to make humanitarian funding faster when disaster strikes. The Danish Red Cross has been working with parametric risk transfer and other innovative financing structures for […]
Cat bond and ILS structural improvements to persist beyond this cycle: Twelve Securis
Despite catastrophe bond risk spreads having tightened and reinsurance rates being expected to decline at the renewals, specialist insurance-linked securities manager Twelve Securis says the relative value of the ILS asset class remains compelling for investors with structural improvements set to persist. The trend of spread tightening in the catastrophe bond market has been reinforced […]
PGGM / PFZW lift target ILS allocation range for PartnerRe’s Huygen sidecar
PGGM, the Dutch pension fund investor that invests in insurance-linked securities and reinsurance on behalf of its end-client Dutch pension PFZW, has revealed a meaningful increase in the target allocation size for its investment into the PartnerRe operated Huygens sidecar structure. PGGM first allocated to the Huygens structure, which we presume to be a private […]
ESMA policy officer says 10%+ of cat bonds in UCITS funds risks blurring lines with Alternative Investment Funds
Since the European Securities and Markets Authority (ESMA) published its technical advice to the European Commission (EC) on the UCITS Eligible Assets Directive (EAD) and what that could mean for catastrophe bonds in UCITS funds, the Authority has been notably silent on the matter. As we reported at the time, ESMA gave a conceptual view that […]
144A catastrophe bond issuance officially hits $20bn milestone in 2025
With the settlement today of two new catastrophe bonds, the 144A marketplace for new cat bond issuance has now just reached the $20 billion milestone in 2025, while including private deals the total amount of settled issuance tracked by Artemis this year is now $20.62 billion. $20 billion of full Rule 144A catastrophe bonds is […]
WFP calls for disaster risk financing expansion amid cat-driven food insecurity
At COP30, the United Nations World Food Programme (WFP) warned that a 1°C rise in global temperatures could thrust an additional 70 million people into food insecurity across the 45 countries where it operates, highlighting the urgent need to expand disaster risk financing. The programme continued, “Extreme weather is exacerbating a global hunger crisis, as […]