Catastrophe bond soft market not yet at 2017 levels, but could last another year: Lane Financial
The current soft market in catastrophe bonds and insurance-linked securities (ILS) is not yet at the depressed levels seen in 2017, analysis from consultancy Lane Financial LLC shows. But the company suggests the soft cat bond market could last another year, if 2026 continues to run loss-free. In its last analysis of the catastrophe bond […]
Cat bond capacity must follow genuine opportunity as issuance surges: Icosa’s Dell’Amore
As Rule 144A property catastrophe bond issuance continues to surge, spreads have also been compressed through a combination of reinsurance rates softening and high levels of capital and investor appetite, given this, Dr. Raffaele Dell’Amore, Partner at Icosa Investments AG, has stressed to Artemis that market capacity must follow genuine opportunity, rather than capital outstripping demand. […]
Casualty sidecar growth to continue. Collateralized reinsurance to see greater flexibility: AM Best
The reinsurance sidecar market is expected to continue expanding thanks to notable momentum being seen in casualty sidecar structures, according to rating agency AM Best. The firm also highlights that the broader collateralized reinsurance space is poised for future expansion due to greater flexibility in structure, modeling, and perils. The property and casualty sidecar market is a […]
Reinsurance rate declines may slow by 2028, soft market floor may not be found till 2030: Jefferies
Analysts from Jefferies are not confident that reinsurance leadership teams are fully-acknowledging how fast rates have been softening and believe that the focus will shift to terms and conditions from 2028, while a soft market floor may not be found until 2030. The equity analyst team at investment bank Jefferies have a view that the […]
Interconnected systemic risks highlight need to expand ILS capacity: Swiss Re & LSE
A new joint analysis published by Swiss Re Institute and LSE has highlighted how artificial intelligence (AI) and supply chains are opening new pathways to systemic stress as risks become increasingly interconnected, which is driving a need for expanded capacity and leading them to highlight ILS as a crucial capital source. Data from the research, […]
ILS should be seen as a source of ‘strategic possibility’ not just capital: Aeolus’ Dutt
Aditya Dutt, President of Aeolus Capital Management, has indicated that the re/insurance industry is not making full use of the insurance-linked securities (ILS) investor base by treating the market as just a source of capital, where it should also be viewing it as a source of “strategic possibility”. Dutt spoke on a recent webinar briefing […]
Despite softening spreads, cat bond risk premium remains among widest available: Sage Advisory
Despite softening spreads driven by record inflows of capital, catastrophe bonds continue to offer one of the widest net risk premia available across financial markets, according to a new report from Andrew Poreda, Vice President and Senior Research Analyst at Sage Advisory Services. In the report, Poreda also highlights that catastrophe bonds delivered a steady […]
Direct institutional investor allocations to reinsurance grew at fastest rate in 2025: Marsh Re
Allocations to reinsurance grew fastest among direct institutional investors in 2025, outpacing the growth rate of assets deployed at independent insurance-linked securities managers and reinsurer sponsored managers, according to recent data from broker Marsh Re. The reinsurance sector has a record amount of excess capital at this time, with this expected to grow further by […]
Investors should consider ILS for diversification and strong risk-return profile: PGGM’s Takken-Somers
Institutional investors that have not yet chosen to allocate capital into insurance-linked securities (ILS) should be considering to do so given the diversification benefits that it offers, as well as its attractive risk-return profile, according to Eveline Takken-Somers, Head of Insurance Linked Investments, at Dutch pension fund service provider, PGGM. Speaking during a webinar briefing […]
ILS diversity never been larger, market must continue expanding opportunities: Anger, Marsh Securities
The diversity and size of the ILS investor base has never been larger, according to Cory Anger, Managing Director at Marsh Securities, who believes that the market remains extremely healthy, while emphasising the need to continue expanding investment opportunities further. Marsh Securities is the global capital and advisory unit within Marsh Re, that handles insurance-linked […]