Performance, diversification, attractive relative value support ILS demand: Ruoff, Schroders Capital
As the insurance-linked securities (ILS) sector expands, investors are being drawn to the market by its strong performance over the past several years, its diversification benefits, and the attractive relative value currently offered by catastrophe bond spreads compared with those of other asset classes, according to Schroders Capital’s Stephan Ruoff. As the ILS sector moves […]
Twelve Securis launches new RT1-focused insurance-linked investment fund strategy
Specialist insurance-linked securities manager Twelve Securis has launched a new insurance-linked investment fund strategy that will primarily focus on Restricted Tier 1 (RT1) insurance debt instruments. According to the firm, the new strategy, which is called The Twelve Securis Credit Fund, aims to deliver attractive risk-adjusted returns by investing primarily in RT1 debt issued by […]
Catastrophe bond market records that were broken in 2025
Catastrophe bond market activity in 2025 resulted in a landmark year of issuance for the sector, as adoption of the cat bond as a structure for reinsurance protection and alternative asset class accelerated and expanded. Beyond the headline figures, such as 2025 being the first year to see over $20 billion of cat bond issuance, […]
ILS funds gain 0.81% in November, taking 11-month return to 10.40%: ILS Advisers Index
The insurance-linked securities (ILS) fund sector gained 0.81% on average for November 2025, lifting the group of cat bond and ILS funds tracked by the ILS Advisers Fund Index to an average 11-month return of 10.40%. November 2025 saw the average returns of the insurance linked securities fund sector falling back slightly, although still delivering well-above average […]
Reinsurance sidecar market hits $19.6bn. Property $17.9bn, casualty $1.7bn: Aon Securities
The outstanding market for collateralized reinsurance sidecar structures has continued to grow at pace thanks to investor interest in the structures, with the latest estimate from Aon Securities putting invested capital in sidecar vehicles at a new high of $19.6 billion. Aon’s latest estimate shows growth in both property and casualty reinsurance sidecars in the second-half of […]
Alternative capital hits $124bn. Consistent investor appetite to drive it higher still: Aon
Alternative reinsurance capital, so that deployed through insurance-linked securities and related collateralized structures, reached a new high of $124 billion as of September 30th 2025, according to Aon and the broker expects the growth trend to persist as third-party investors show “consistent” appetite for returns from the sector. In a just released new report from […]
Catastrophe bond market expected total return just 6% for 2026: Lane Financial
2026 begins with a “historically” soft market for the insurance-linked securities (ILS) sector, consultancy Lane Financial LLC said in a new analysis of market pricing and return potential, as catastrophe bond multiples have declined resulting in a forecast for the year ahead of a total return of just 6% after expected losses. Each year Lane […]
Thailand explores cat bonds as reinsurance capital to support disaster fund
The Thai General Insurance Association (TGIA) is backing an initiative to establish a permanent Natural Catastrophe Fund for the country in the first half of 2026, and is currently exploring the use of catastrophe bonds as a form of reinsurance capital to help support the fund, according to a report by the Bangkok Post. According […]
ILS to continue evolving into a central part of the world’s risk-transfer infrastructure: HCMA
As innovation and global participation within insurance-linked securities (ILS) accelerates, the market is expected to continue evolving into an increasingly central part of the globe’s risk-transfer infrastructure, according to executives at Howden Capital Markets & Advisory (HCMA). Artemis spoke with Philipp Kusche, Chairman of HCMA Europe & Co-Head of Global ILS, and Mitchell Rosenberg, Co-Head […]
Private ILS heads into Jan renewals with increased capacity and technical discipline: Doris, Twelve Securis
The private insurance-linked securities (ILS) market is approaching the January renewals from a strong standpoint, with capacity projected to be marginally higher, which may exert some pricing pressure. However, according to Cahal Doris, CIO Private ILS at Twelve Securis, the firm still expects to observe technical discipline within the market. Within the wider ILS market, […]