Swiss Re working on “future ideas” in ILS. May need less retrocession: CFO and CEO
Swiss Re is working on “future ideas” within its Alternative Capital Partners (ACP) division that focuses on insurance-linked securities and third-party capital management, the firm’s CEO said today. While its CFO explained more on the fact the company may need less external retrocession in 2026. As we reported this morning, Swiss Re has highlighted the role […]
Swiss Re highlights third-party capital investors as supporting nat cat growth
In announcing new targets and a refreshed strategy today, Swiss Re, one of the world’s largest reinsurance companies, has highlighted the role of third-party capital investors in helping to fuel its expansion into natural catastrophe risks over recent years, while also maintaining balanced exposure. Swiss Re explicitly said today, that the growth of its nat […]
Cat bond and ILS structural improvements to persist beyond this cycle: Twelve Securis
Despite catastrophe bond risk spreads having tightened and reinsurance rates being expected to decline at the renewals, specialist insurance-linked securities manager Twelve Securis says the relative value of the ILS asset class remains compelling for investors with structural improvements set to persist. The trend of spread tightening in the catastrophe bond market has been reinforced […]
PGGM / PFZW lift target ILS allocation range for PartnerRe’s Huygen sidecar
PGGM, the Dutch pension fund investor that invests in insurance-linked securities and reinsurance on behalf of its end-client Dutch pension PFZW, has revealed a meaningful increase in the target allocation size for its investment into the PartnerRe operated Huygens sidecar structure. PGGM first allocated to the Huygens structure, which we presume to be a private […]
ESMA policy officer says 10%+ of cat bonds in UCITS funds risks blurring lines with Alternative Investment Funds
Since the European Securities and Markets Authority (ESMA) published its technical advice to the European Commission (EC) on the UCITS Eligible Assets Directive (EAD) and what that could mean for catastrophe bonds in UCITS funds, the Authority has been notably silent on the matter. As we reported at the time, ESMA gave a conceptual view that […]
144A catastrophe bond issuance officially hits $20bn milestone in 2025
With the settlement today of two new catastrophe bonds, the 144A marketplace for new cat bond issuance has now just reached the $20 billion milestone in 2025, while including private deals the total amount of settled issuance tracked by Artemis this year is now $20.62 billion. $20 billion of full Rule 144A catastrophe bonds is […]
Beazley launches Bermuda platform with $500m to support ART / ILS expansion and growth
Beazley, the London headquartered specialty insurance and reinsurance company, has made a significant commitment to the Bermuda marketplace with the deployment of $500 million of capital to establish a new platform on the island to drive growth and expansion into the alternative risk transfer market, including ILS opportunities. Beazley announced its third quarter trading update […]
Rwanda explores layered disaster risk transfer, with cat bonds on the table
In what could mark a significant step for sovereign risk management in East Africa, Rwanda is weighing the use of catastrophe bonds within a new disaster risk finance (DRF) strategy according to the World Bank Group. Over 100 government officials, development partners and financial experts reportedly met in Kigali in October for a workshop to […]
Jamaica’s $150 million payout rekindles parametric concerns, but ILS market holds firm
Swiss Re head says investors have taken the Melissa redemption in stride Jamaica’s full US$150 million catastrophe bond payout after Hurricane Melissa, one of the largest sovereign cat-bond redemptions in recent years, is reverberating through the insurance-linked securities (ILS) market. The World Bank confirmed on Nov. 7, 2025 that Jamaica’s 2024 catastrophe bond, issued through its International […]
Alternative capital accelerates in 2025 as investor confidence grows: Artex
2025 has seen continued growth within the alternative capital markets, supported by steady expansion across property catastrophe and casualty lines, along with increased capital flowing into catastrophe bonds and collateralized reinsurance transactions, greatly reflecting investor confidence, according to Artex Risk Solutions. In its Fall 2025 state of the market report, executives from Artex noted, “the […]