LRS opens door to explore further risks, optimistic for Brazil’s ILS regime: Avla’s Astrachan
After working with Gálapagos Capital SSPE on a recent R$126 million offering of Insurance Risk Letters (LRS), Avla Brazil CEO Felippe Astrachan has said that LRS opens a door that allows the company to explore different types of risks that are not traditionally covered by the insurance and reinsurance market, while also remaining optimistic about the future […]
Today’s ILS market is significantly broader, more resilient. But complexity is rising: Artex’s Faries
Today’s insurance-linked securities (ILS) market is significantly broader and more resilient than it was just several years ago. However, while the market is seeing growing interest in casualty, specialty, cyber, and hybrid structures, this evolution also means the ILS space is fundamentally more complex, according to Kathleen Faries, CEO of Artex Capital Solutions. Faries’ comments […]
Total catastrophe bond issuance hits $16.1bn YTD in 2026. 144A cat bonds over $15.8bn
The total for settled catastrophe bond issuance across Rule 144A deals and the private cat bond transactions we have analysed so far in 2026 has reached $16.1 billion as of today, while settled 144A cat bond issuance alone currently stands at over $15.8 billion. Right now, based on latest sizes for the remaining cat bonds in […]
Pension funds in Chile gain appreciation for catastrophe bonds and are allocating: Report
Over the last few year’s we’ve noticed increasing interest in the insurance-linked securities asset class as an investment opportunity from institutions in Latin America and now pensions in Chile have reportedly begun allocating to catastrophe bonds. Helped by a number of years of consecutive strong performance, catastrophe bonds and ILS as an investable asset class […]
Moody’s warns that US could face $375bn uninsured flood losses from 1-in-100 year event
A new assessment by Moody’s shows that the United States faces a widening gap between growing flood risk and the take-up of flood insurance, potentially exposing the country to more than $375 billion in aggregated uninsured flood losses from a 1-in-100-year event. A recent report published by the firm, authored by Jennifer Chang, Senior Vice-President […]
Rule 144A cat bonds reach 80% adoption as Southeast inverts historical market norms: Gallagher Re’s Schwebach
Property catastrophe reinsurance programs in Southeast US states have undergone a fundamental shift. Far from a supplementary capital pool, the Rule 144A catastrophe bond market has evolved into a fundamental element of regional risk placement, an integration that has inverted historical market norms over the last five years, according to Adam Schwebach, Head of Property, […]
GIFT IFSC continues rapid growth as registrations and re/insurance activity rise
The latest quarterly bulletin from the International Financial Services Centres Authority (IFSCA) has highlighted the continued expansion of India’s Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC), describing it as a transformative element in the country’s financial sector strategy and its integration with global markets. The bulletin said the establishment of the International […]
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 […]
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 […]
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 […]