60% of institutional investors intend to increase ILS allocations: Gallagher Securities survey
A survey of institutional investors recently undertaken by Gallagher Securities found that 60% are intending to increase their allocations to insurance-linked investments, with catastrophe bonds and similar insurance-linked securities (ILS) seen as the main type of assets in focus. The survey found that institutional investors are currently showing a clear preference for insurance-linked investment structures […]
Ariel SSPE launching as third Brazilian insurance-linked securities structure
Ariel Sociedade Seguradora de Propósito Específico S.A. (Ariel SSPE) will be the third insurance-linked securities (ILS) structure in Brazil, harnessing the country’s regulations to become an independent issuer of Letra de Risco de Seguro (Insurance Risk Letters), Brazil’s own brand of ILS instrument. Pre-authorisation approval has already been granted by the Superintendence of Private Insurance […]
New York metro has largest exposure concentration to hurricane risk in US: Cotality
According to research data from Cotality, a global provider of property information, analytics and technology-enabled data solutions, the New York metropolitan area has the largest concentration of homes exposed to hurricane-related risks in the United States. In the firm’s recently published 2026 Hurricane Risk Report, Cotality estimates that more than 3.27 million homes across New […]
Jamaica secures new parametric hurricane cover via World Bank cat bond
The Government of Jamaica has returned to the catastrophe bond market for a third time with an issuance from the World Bank’s International Bank for Reconstruction and Development (IBRD), renewing a key part of its disaster risk financing infrastructure after its second catastrophe bond was triggered and paid out in full following Hurricane Melissa in 2025. […]
PwC expects deeper ILS integration and greater alignment of interests: Arthur Wightman
As the insurance-linked securities (ILS) market persistently acts as a moderating force, helping to create a more managed reinsurance cycle, PwC expects deeper integration and greater alignment of interests between alternative capital and rated balance sheets, according to Arthur Wightman, Territory Leader of PwC Bermuda. At PwC Bermuda’s offices in Hamilton, Bermuda, Artemis spoke with […]
Jamaica now targets upsized $200m of parametric insurance from new catastrophe bond
The Government of Jamaica has raised the target size for its third catastrophe bond, now aiming to secure $200 million of parametric named storm and hurricane insurance protection from the World Bank facilitated IBRD CAR Jamaica 2026 issuance, market sources have told Artemis. Jamaica returned for its third catastrophe bond sponsorship at the end of April, initially targeting […]
Rochdale sees elevated industry-loss warranty (ILW) demand as mutual fund returns 11.27%
The City National Rochdale Select Strategies Fund delivered a net return of 11.27% for the year ended January 31st 2026 and its investment adviser said demand for industry-loss warranty (ILW) protection has been elevated, leading it to expect promising opportunities for 2026 portfolio construction. The City National Rochdale Select Strategies Fund is a mutual insurance-linked […]
ADB cat bonds an ‘important proof point’ of Munich Re’s Public Sector objectives: Roth
After assisting the Asian Development Bank (ADB) in the issuance of its first catastrophe bond offerings, Michael Roth of Munich Re has highlighted how the transactions are an important proof of the reinsurer’s Capital Partners Public Sector objectives. We reported in late April, that the Asian Development Bank’s (ADB) first catastrophe bonds had been priced in […]
Icosa to add Dell’Amore as a Portfolio Manager for growing cat bond fund
Icosa Investments AG is adding experienced insurance-linked securities and catastrophe bond investments specialist Raffaele Dell’Amore as a new Portfolio Manager for its growing Icosa Cat Bond Fund strategy, Artemis has learned. We understand Dell’Amore will be employed by both Icosa Investments AG, which distributes the Icosa Cat Bond Fund UCITS strategy, as well as its […]
Alternative capital redesigning reinsurance, but still has challenges to face: Guy Carpenter
Alternative capital is rewriting the rules of reinsurance, and while it seems it is here to stay, its rapid integration brings distinct structural challenges, a recent Guy Carpenter report highlights. The ‘Convergence of Financial and Reinsurance Capital: How catastrophe bonds, sidecars, and financial investors are redesigning the architecture of global reinsurance’ report examines the accelerating […]