Institutional capital now core market infrastructure, as value chain unbundles: Aon
Institutional capital has matured into a structural component of global reinsurance infrastructure, accounting for nearly a fifth of total global reinsurance capital market capacity in the first-half of 2026 as the traditional underwriting value chain continues to unbundle, according to broker Aon. In a recent article, the broker highlights that advancing data analytics and flexible […]
Hong Kong targets PCC structure for efficient ILS issuance, wants to invigorate ILS investment
Hong Kong’s new five-year plan highlights insurance-linked securities business and the ongoing development of its ILS regulatory regime as key strategic goals, with a PCC structure being explored for more cost-efficient ILS and catastrophe bond issuance, as well as ways to invigorate the investor side as well. The inaugural Five-Year Plan of the Hong Kong […]
Cat 5 Florida hurricanes could drive $300bn plus insurance market loss: Swiss Re
Under certain scenarios, a category 5 hurricane ploughing into Miami or Tampa Bay has the potential to drive more than US $300 billion of losses across the global insurance and reinsurance market, Swiss Re’s Institute said today, while also explaining the importance of reinsurance and ILS capital in protecting the state. In addition, the research […]
ILS offers diversification when traditional stock/bond relationships falter: Omnigence Asset Management
Given insurance-linked securities’ (ILS) ability to offer a bounded allocation whose premium compensates for real and imperfectly correlated tail risk, a new paper by Omnigence Asset Management suggests that ILS remains one of the most credible candidates for diversification when traditional stock-bond relationships falter. In the firm’s recently published report, executives outlined that the diversifying leg […]
Capital markets, ILS well-structured to absorb data centre nat cat risks: Howden
The global data centre build-out is creating unprecedented risk concentrations in natural disaster zones, and pushing traditional insurance capacity to its limits. Howden sees this as a prime opportunity for the capital markets, as catastrophe peak risk remains the foundations of the insurance-linked securities (ILS) asset class. According to Howden’s new report, in the US, […]
CCRIF lifts parametric risk pool coverage another 14.5% to $1.8bn for current policy year
CCRIF SPC, the regional parametric risk pool for the Caribbean and Central America has announced that it has expanded its coverage to US $1.8 billion for the current policy year, a 14.5% increase from the $1.57 billion the organisation reported in early June, showcasing that demand for parametric coverage significantly outpaced expectations. This total also represents a […]
28% of reinsurance buyers expect to increase alternative capital use in 2027: Moody’s
For the insurance-linked securities (ILS) market, one of the most promising findings of Moody’s Ratings annual survey of reinsurance buyers is that 28% of respondents said they anticipate increased use of alternative capital sources in 2027. At a time when the ILS market has grown strongly and catastrophe bond issuance has soared, while the routes […]
Swiss Re highlights growing catastrophe protection gap as nat cat losses rise 5-7% annually
Reinsurance giant Swiss Re has highlighted how growing natural catastrophe risk remains a significant driver of reinsurance demand, as insured nat cat losses continue to follow a 5–7% annual growth rate, driven by increasing exposures, rising asset values and changing hazard patterns. Crucially, this rise in societal exposure underscores an expanding catastrophe protection gap, as […]
CalPERS ramps up cat bond and ILS investments to near $2.5bn valuation at mid-year 2026
CalPERS, the largest public pension fund in the United States, has continued to expand its investments in catastrophe bond and insurance-linked securities fund strategies with the combined valuation of its allocations to the asset class nearing $2.5 billion at the mid-point of 2026, an increase of around 70% just in the first-half of this year. […]
Reinsurance offers strong diversification with total return potential: US Bank
A recent report authored by wealth managers at US Bank, the fifth-largest commercial bank in the United States, has outlined key opportunities for qualified investors in the reinsurance market, with the firm particularly highlighting how reinsurance offers effective diversification with total return potential, making a strong case for its inclusion alongside traditional assets due to […]