Capital markets now a resident of the reinsurance industry: Laurent Rousseau, Marsh Re
Laurent Rousseau, CEO of Global Capital & Advisory, and Europe and IMEA at Marsh Re, said today that the capital markets are “no longer a visitor” but “now a resident” of the reinsurance industry, as investors increasingly allocate to the space. As reinsurance broker Guy Carpenter officially becomes Marsh Re, executives at the firm discussed […]
ILS continues to grow despite softer and more competitive reinsurance market: Moody’s Ratings
Strong investor demand and record catastrophe bond issuance, underpinned by increased participation by both insurers and reinsurers, is supporting the continued expansion of the insurance-linked securities (ILS) market, as Moody’s Ratings reports that carriers are using ILS more strategically in the competitive reinsurance market environment. Citing broking group Aon’s USD 144.5 billion total for the level […]
ILS capital is “foundational” in reinsurance, grows to $144.5bn with 5-year CAGR 8.3%: Aon
Insurance-linked securities (ILS) capital is now “foundational” within the global reinsurance market according to Aon, with alternative sources of capital now accounting for $144.5 billion of sector funds, with that figure rising by $3.5 billion just in the second-quarter of 2026. The latest insurance-linked securities market report from Aon Securities, the investment banking, structuring and […]
Underwriting discipline and risk transparency key as casualty ILS evolves: AM Best
As the casualty insurance-linked securities (ILS) market continues to expand, rating agency AM Best has indicated that market participants will need to remain focused on ensuring that both underwriting discipline and risk transparency develop simultaneously in order to keep pace with investor demand. While innovation in the capital markets can offer significant sources of capacity, […]
Why a blended reinsurance portfolio offers a compelling alternative to traditional ILS: Resolute Global Partners
As institutional investors seek resilient entry points into the re/insurance market, traditional collateralized ILS structures face ongoing challenges surrounding trapped capital and stacked fees. However, investment advisor Resolute Global Partners is presenting an alternative approach by integrating property treaty reinsurance, niche specialty risks, and primary U.S. insurance within a unified, vertically integrated platform. In a […]
Traditional reinsurance capital build-up more impactful to softening than ILS: AM Best
While the insurance-linked securities (ILS) market has been growing at a strong pace, thanks in the main to record levels of catastrophe bond issuance, rating agency AM Best believes that while this contributed to reinsurance market softening, the deployment of traditional capacity is still more impactful. While reinsurance market participants cite the growth of insurance-linked […]
Swiss pension Nest says ILS investments achieved “convincing results again” in 2025
Nest Sammelstiftung, or the Nest Collective Foundation, a Swiss pension that adopts sustainable investment strategies and allocates to insurance-linked securities through a number of ILS managers has reported that its allocation achieved “convincing results” again in 2025. Nest Sammelstiftung positions itself as an ecological-ethical pension investor, with one of the strategies it incorporates into its […]
UBS to marginally increase cat bond allocations, says remain attractive on relative basis
In a volatile market environment when some hedge fund and alternative strategies have suffered, UBS Asset Management’s team sees catastrophe bonds as one asset class worth increasing allocations to, given it the carry they can provide remains relatively attractive compared to other investments in credit and fixed income. The UBS Unified Global Alternatives team, which […]
Blackstone multi-strat alternatives fund makes its second direct cat bond investment
Blackstone Alternative Asset Management, the hedge fund solutions unit of Blackstone, has now made a second direct investment into a catastrophe bond through one of its flagship muti-strat alternatives funds. Back in May 2025 we reported that the Blackstone Alternative Multi-Strategy Fund had made its first direct investment into a catastrophe bond, having previously only allocated […]
BTG Pactual sets up SSPE (Brazil ILS structure) to issue Letras de Risco de Seguro (LRS)
BTG Pactual, a major global investment bank and asset manager headquartered in Brazil, has established an insurance-linked securities (ILS) structure named BTG Pactual Sociedade Seguradora de Propósito Específico S.A. (BTG Pactual SSPE) to issue Letras de Risco de Seguro (Insurance Risk Letters), Brazil’s own-brand of ILS instrument. BTG Pactual becomes the fourth owner of an […]