Insurance cover growing broadly in line with increasing natural catastrophe risk: Swiss Re
While the global natural catastrophe insurance protection gap is estimated to have risen to US $424 billion in 2025, new research from Swiss Re’s Institute suggests that insurance coverage is growing at a rate broadly in line with the increasing catastrophe exposure. Swiss Re said that both insurance and adaptation efforts are critical to narrowing […]
El Niño shifts ILS probabilities in hurricane season, but supply-demand dictates spreads: Solidum
As per Solidum Partners, the onset of an El Niño pattern does not translate into a straightforward rule of thumb for ILS managers and their clients. While a less active hurricane season typically implies downward pressure on nominal spreads, the firm highlights that a broader array of market forces, including capital supply-demand dynamics and total […]
Reinsurance, retro key to managing catastrophe risks under climate disaster stress tests: S&P
A recent series of stress tests conducted by S&P Global Ratings on a number of different insurers and reinsurers, to see how they would withstand a 1-in-250-year catastrophe event has showcased the importance that both reinsurance and retrocession bring towards managing catastrophe risks. “The insurance industry faces an escalating threat from extreme weather. Hurricane Ian […]
PFZW allocation target rises for Mt. Logan strategy, shrinks for Munich Re & Swiss Re sidecars
The target investment allocation range for the Mt. Logan Capital Management, Ltd. quota share structure named Scenery Re has been increased for the insurance-linked securities (ILS) portfolio managed by PGGM, the Dutch pension fund investment manager, on behalf of its end-client pension PFZW. This comes as two of the private collateralized reinsurance sidecar structures that […]
SEADRIF and FAO launch first parametric drought insurance pilot in Lao PDR
The SEADRIF Insurance Company and the Food and Agriculture Organization of the United Nations (FAO) have launched an anticipatory drought insurance pilot in Lao People’s Democratic Republic (Lao PDR), the first time a Southeast Asian government has secured parametric insurance specifically designed to deploy pre-arranged finance ahead of drought impacts. According to SEADRIF, the insurance […]
Jamaica Govt praise investor support for new cat bond, plan parametric CCRIF cover expansion
Jamaica’s Prime Minister and Minster for Finance and Public Services both praised global investor support for the $200 million IBRD CAR Jamaica 2026 catastrophe bond, with the third cat bond a key pillar in the countries fiscal resilience and disaster risk financing, while also revealing they plan to expand parametric coverage under CCRIF. Speaking yesterday the Jamaica […]
Korean Re secures targeted $75m multi-peril retro through second Solomon Re cat bond
Korean Re, the global reinsurance company headquartered in the country of its name, has now secured the targeted $75 million of multi-peril retrocession from its Solomon Re Ltd. (Series 2026-1) catastrophe bond sponsorship, with the notes pricing at top and bottom ends of guidance, Artemis can report. Nearly three years ago, Korean Re sponsored its debut catastrophe […]
Galapagos Capital SSPE issues largest LRS at R$126m, the fourth under Brazil’s ILS regime
Gálapagos Capital Sociedade Seguradora de Propósito Específico S.A., the Brazil based SSPE or special purpose reinsurance vehicle that can issue Letra de Risco de Seguro (Insurance Risk Letters) and is owned by global investment company Galapagos Capital, has completed issuance of the largest transaction under Brazil’s insurance-linked securities regime so far. Gálapagos Capital SSPE has […]
56% of planned US data centres are in catastrophe exposed locations: MS Amlin
A new analysis from Lloyd’s global specialist re/insurer MS Amlin has revealed that 56% of the 670 planned US data centre projects representing nearly $800 billion in investment, are located in states that are highly exposed to either hurricanes, severe convective storms, earthquakes or winterstorms. MS Amlin’s analysis examined over 670 data centre projects that […]
ILS valuation now a ‘core determinant’ of market credibility, Smyth, Nascent Group
In recent years, the insurance-linked securities (ILS) market has expanded from a niche property catastrophe tool into a broader and more complex asset class, and with that evolution, valuation has also moved from a reporting exercise into a core determinant of market credibility, according to Andy Smyth of Nascent Group. Smyth, the former EY executive, […]