Hannover Re sees ILS capital as sustainable reinsurance addition, source of growth: Horstmann
Speaking earlier today during Hannover Re’s Baden-Baden media briefing, Patrick Horstmann Managing Director, and Head of insurance-linked securities (ILS) at the firm, emphasised that the German reinsurer sees ILS capital as a sustainable addition to the global reinsurance market and a key area of growth for the company. Hannover Re has been steadily growing in […]
ADB aims to expand catastrophe bond usage across Asian regions: Kessler
The Asian Development Bank (ADB) is actively promoting catastrophe bonds for sovereign disaster risk financing across the region, but Thomas Kessler noted last week that this will require cooperation across governments, research and modelling institutions, insurers and the ILS investor base. Speaking in Bermuda at the Convergence 2026 conference last week, Thomas Kessler, Principal Disaster […]
World Bank confirms signing of Nepal quake catastrophe bond mandate
The World Bank has now confirmed that it has partnered with Nepal to explore the issuance of a parametric earthquake catastrophe bond for the country. The World Bank confirmed that it and Nepal have signed a mandate agreement to explore the development of a catastrophe bond, which would be designed to enable Nepal to access […]
Insurance-linked securities expand the horizon for impact investing: Smith, Sage Advisory
Speaking yesterday at the ILS Bermuda Convergence 2026 conference, Bob Smith, President & Co-CIO of fixed income and alternative solutions manager Sage Advisory, explained that he sees insurance-linked securities as an asset class that can expand the horizon of impact investing. Smith is a strong proponent for investing into catastrophe bonds and other natural catastrophe […]
Nepal government approves World Bank earthquake cat bond mandate agreement
According to reports from Nepalese news sources, the country’s government Council of Ministers has approved signing a Mandate Agreement for the Nepal Earthquake Catastrophe Bond project with the World Bank. Back in July, we reported that the World Bank had begun working on a proposed project to deliver a parametric earthquake catastrophe bond for Nepal, […]
El Niño could reshape catastrophe risk for insurers and reinsurers, Moody’s says
The 2026 El Niño could alter catastrophe risk across multiple regions and perils, creating implications for insurers and reinsurers as they assess potential changes in insured losses, portfolio accumulation and diversification, according to Moody’s, the global risk assessment firm that provides credit ratings, research, data, and analytical tools for financial markets. The company’s latest assessment […]
VisionFund teams with Global Parametrics on two-peril Amazon Basin parametric insurance
VisionFund, the financial inclusion arm of World Vision, working alongside with Global Parametrics and co-financed by the InsuResilience Solutions Fund, will design a two-peril parametric meso-insurance product for World Vision offices in Bolivia, Brazil, Colombia and Peru, as part of the wider Amazon Basin Initiative. According to the announcement, this move aims to address increasingly […]
PICC P&C appears to have returned for its second Great Wall Re catastrophe bond
Chinese domestic insurer PICC Property and Casualty Company Limited seems to have returned to sponsor its second catastrophe bond using its Hong Kong domiciled special purpose insurer Great Wall Re Limited, as information of a new tranche of notes has appeared albeit with very limited details available at this time. According to securities market data […]
APAC ILS and parametric markets poised for growth as capital needs shift: Marsh Re’s Gallagher
While both the insurance-linked securities (ILS) and parametric markets remain nascent in parts of Asia-Pacific compared to other regions, the potential to expand is clear, leading broker Marsh Re’s APAC Chief Executive Officer (CEO), Tony Gallagher, to forecast that these markets will build out. Speaking to Artemis at this year’s Rendez-Vous de Septembre in Monte […]
Brazil’s SUSEP proposes LRS reforms, cat bonds, parametrics for catastrophe protection
Brazil’s regulator the Superintendence of Private Insurance (SUSEP) has published a range of proposals designed to bolster the country’s financial and insurance protection against natural catastrophes, with reforms and further developments in insurance-linked securities (ILS) set to be part of the continuing discussions. Having convened a working group of industry, regulatory bodies and experts to […]