Singapore’s MAS launches consultation for PCC and collateralised reinsurance structure
An awaited consultation process on the regulatory framework for a Protected Cell Company (PCC) structure that can be used for collateralised reinsurance arrangements, including sidecars, and efficient insurance-linked securities (ILS) issuance has now been launched by the Monetary Authority of Singapore (MAS). The Monetary Authority of Singapore (MAS) published the consultation documents today, asking market […]
GSSP funding to strengthen SEADRIF climate and disaster risk finance across Southeast Asia
The Global Shield Solutions Platform (GSSP) is providing support to the Southeast Asia Disaster Risk Insurance Facility Insurance Company (SEADRIF) to expand Climate and Disaster Risk Finance and Insurance (CDRFI) capabilities across the region. This collaboration aims to assist member nations in enhancing their resilience and response strategies for climate-driven events. With the funding of […]
Catastrophe bond market records that were broken in H1 2026
The first-half of 2026 saw another record period of issuance in the catastrophe bond market, as the use of cat bonds to source reinsurance protection continues to increase and the investor base appetite for new cat bond investment opportunities grows. Beyond the new issuance high-bar that was set, numerous other records fell in H1. Having […]
Next stage of ILS growth requires international and peril diversification: Howden Re
The insurance-linked securities (ILS) market remains in a strong position, but expanding into international markets and less conventional perils will be critical for the market’s next stage of growth, according to executives at reinsurance broker Howden Re, who note that this expansion is vital both to unlock diversification benefits and to help close global protection […]
FCDO commits additional £3m to Natural Disaster Fund Technical Assistance Facility
The Foreign, Commonwealth and Development Office (FCDO), which leads the UK’s diplomatic, development and consular work globally, has committed an additional £3 million to the Technical Assistance Facility (NDF TA Facility), operated by the Natural Disaster Fund (NDF), a blended risk transfer vehicle designed to mitigate climate-related challenges and build resilience for low-and-middle-income countries. The […]
Casualty sidecars claim 10% of market capacity as long-tail assets boost investor yields: S&P
A new report from S&P Global Ratings highlights a structural shift in the sidecar market, as casualty reinsurance sidecars have grown to account for approximately 10% of total sidecar capacity. Driven by a wave of recent high-profile launches these vehicles are attracting alternative capital by offering returns largely uncorrelated with broader financial markets. Unlike traditional […]
Economic losses from Venezuela quakes to exceed $10bn, insured impact still unknown: Verisk
The Catastrophe and Risk Solutions group at Verisk has estimated that economic losses from the June 24, 2026 earthquakes in Venezuela will likely exceed USD 10 billion, with a higher degree of uncertainty than usual in estimating the insured share of industry losses due to Venezuela’s macroeconomic conditions, elevated inflation, low insurance penetration, and sanctions-related […]
Swiss Re sets top Matterhorn Re 2026-3 retro cat bond target of $345m as pricing falls twice
Swiss Re is now aiming to secure as much as an upsized $345 million of broad North American peak peril retrocessional protection through its new Matterhorn Re Ltd. (Series 2026-3) catastrophe bond offering, while the price guidance for the notes has now been lowered twice, Artemis can report. The global reinsurance giant returned to the catastrophe bond market […]
Non-life insurance-linked securities capital hit record $142bn after Q1: Gallagher Securities
The amount of non-life alternative reinsurance capital from catastrophe bonds and insurance-linked securities (ILS) grew by more than 5% just in the first-quarter of the year, with Gallagher Securities estimating $7 billion of incremental capital was added, to take non-life ILS capital outstanding to $142 billion at the end of Q1 2026. It sets a […]
Cambridge underscores its ILS advisory capability, sees asset class as valuable diversifier
Cambridge Associates, the global investment firm that provides specialist advisory and portfolio construction services, highlights insurance-linked securities, seeing the asset class as a valuable diversifier for client portfolios. In a world full of uncertainty, the company believes liquid diversifiers, such as catastrophe bonds and ILS are increasingly a relevant asset class for institutional portfolios. Cambridge […]