Near-miss for Mexico’s parametric catastrophe bond on Friday’s M7.3 earthquake

After a magnitude 7.3 earthquake struck just off the southern coast of Mexico on Friday, analysis suggests this event was a near-miss for attaching the parametric trigger of one tranche of notes from the country’s World Bank facilitated IBRD CAR Mexico 2024 catastrophe bond transaction.\ The magnitude 7.3 (M7.3) earthquake struck off the coast of Mexico west-south-west […]

UK captives framework to grant businesses greater flexibility, says Aon’s Walker

Leon Walker, Europe, Middle East, and Asia (EMEA) Captives Leader for global re/insurance broker Aon, believes an established captives framework in the United Kingdom has the potential to provide businesses with greater flexibility in their use of captive solutions. To recap, the Financial Conduct Authority and Prudential Regulation Authority have placed an open call for […]

ILS is key for mobilising risk capital for energy transition investment: Beazley

A new study by Beazley, the London headquartered specialty insurance and reinsurance company, has highlighted how insurance-linked securities (ILS) and various alternative risk transfer solutions are key for mobilising risk capital for the energy transition. Beazley’s latest Spotlight on Energy Transformation 2026 observes that the insurance industry is becoming a core enabler of the energy […]

Cyber ILS primed for future growth if traditional capacity constraints emerge: S&P

While ample traditional reinsurance capacity is keeping the cyber ILS market limited for now, the underlying risk modeling and investor confidence in the asset class continues to grow. According to a new report from rating agency S&P, these evolving capabilities are laying the groundwork for alternative capital, which could play a much larger role should […]

World Bank starts work on up to $190m Nepal parametric quake catastrophe bond project

The World Bank has begun work on a proposed project to deliver a parametric earthquake catastrophe bond for Nepal, targeting US $80 million to US $190 million of fully-collateralized disaster risk financing from the capital markets for the South Asian country. The Nepal Catastrophe Bond Project appears to be in its nascent stages, with preparatory […]

Cedents increasingly seek reinsurers with access to multiple capital sources: Guy Carpenter’s Paretchan

The growth of alternative capital is giving buyers more flexibility to build diversified reinsurance programmes, with cedents increasingly seeking partners able to access both traditional and alternative sources of capacity, Guy Carpenter’s Jennifer Paretchan recently told Reinsurance News. Speaking following the release of the firm’s July 2026 reinsurance renewal report, Paretchan noted the expansion of […]