ILS still in a good spot where attractive returns can be made: HCMA CEO Madea
Speaking with Artemis at the Monte Carlo Rendez-vous event, Jarad Madea, Chief Executive Officer, Howden Capital Markets & Advisory explained that the insurance-linked securities (ILS) asset class is “still in a good spot” with attractive returns possible for investors and a clear evolution in the market’s discipline. Leading Howden Group’s activities in capital markets structuring, […]
Education and acceptance fuel wave of new sponsors in cat bond market: Adderley, Appleby
With the catastrophe bond market seeing eleven new sponsors enter the space so far this year, the trend highlights how involvement in the market has become more acceptable, and how sponsors are increasingly comfortable with cat bonds overall, according to Brad Adderley, Partner at global law firm Appleby. Artemis spoke to Adderley at RVS in […]
Private cat bond issuance in 2025 surpasses last year, with $24.4m of new Eclipse Re notes
Private catastrophe bond issuance in 2025 has now surpassed the full-year total from 2024, as three new series of notes issued by the Eclipse Re Ltd. transformer vehicle have come to light and taken this year’s figure to over $465 million. 2024 saw a dip in the volume of issuance coming from private catastrophe bonds, or […]
Legacy market matures. Alternative capital and ILS play increasing role: PwC report
As PwC released its sixteenth Global Insurance Run-Off Survey report today, we took a look at what the legacy reinsurance sector is saying about the growing use of alternative capital in the space, as well as how legacy solutions are now serving insurance-linked securities (ILS) funds and investors as well. PwC releases its legacy report […]
Alternative and traditional reinsurance capital, it’s not either or, it’s both: Baertschi, Swiss Re
Urs Baertschi, CEO of P&C Reinsurance at Swiss Re, today emphasised that the company’s third-party capital markets focused Alternative Capital Partners (ACP) division remains an important part of the services and capabilities offered to its clients, while also saying that when it comes to the reinsurance sector’s capital pools, it’s not a case of “either […]
Regardless of the cycle, SCOR will continue to sponsor cat bonds: Jean-Paul Conoscente
Speaking at global reinsurer SCOR’s briefing at RVS 2025 in Monte Carlo, Jean-Paul Conoscente, Chief Executive Officer (CEO) of SCOR Global P&C, said that the firm will continue to sponsor catastrophe bond issuances regardless of the market cycle. In April, SCOR sponsored its twentieth cat bond, the $240 million Atlas Capital DAC (Series 2025-1) which provides the […]
Cat bonds continue to perform strongly, casualty securitization expanding: AM Best
Speaking today at a briefing held in Monte Carlo at the Rendez-vous event, Angela Yeo, Senior Director, Analytics at global ratings agency AM Best has highlighted how investors’ appetite for catastrophe bonds has helped the space continue to grow. With third-party capital deployed in reinsurance anticipated to grow by almost 7% this year, with AM […]
ILS operational capabilities key. Not considering AI simply not an option: Ramseier, Twelve Securis
For the insurance-linked securities (ILS) asset management sector, operational capabilities are going to be key, while the transformative potential of artificial intelligence (AI) means it must be considered, Dr. Urs Ramseier, CEO of Twelve Securis told Artemis in an interview just before the Monte Carlo Rendez-vous event. Twelve Securis, being born out of the merging of […]
Premise of alternative capital has always been to complement reinsurance: S&P’s Josefs
Speaking in Monte Carlo today at a S&P Global Ratings briefing during the annual reinsurance event, Maren Josefs, Credit Analyst at S&P Global, said it may be time to rethink the name alternative capital, as it was really always designed to complement the traditional reinsurance market and in recent years has become increasingly aligned and […]
Property cat softening to continue. Attachments may fall. ILS investors likely disciplined: Fitch
Speaking today at a briefing held in Monte Carlo at the Rendez-vous event, Fitch Ratings analysts said the expectation is that property catastrophe reinsurance rates will keep softening and attachments may decline somewhat, but through this they anticipate discipline from the ILS investor base. The Fitch Ratings analysts are anticipating the property catastrophe reinsurance market […]