IFSCA to send SPI sidecar proposals to Indian government: Chairman K. Rajaraman

The International Financial Services Centres Authority (IFSCA) will be sending proposals to the Government of India regarding the regulator’s proposed framework that would allow re/insurers to set up reinsurance sidecars in a special purpose insurance (SPI) framework, Chairman K. Rajaraman announced at the Global Conference of Actuaries 2026 earlier this week. IFSCA’s SPI framework was […]

157 Re represents a ‘cornerstone’ of Arundo Re’s capital management: Mathieu Halm

With Arundo Re recently completing its eighth vintage of its 157 Re reinsurance sidecar, Mathieu Halm, Board Secretary and Chief Retrocession & Alternative Capital Officer of the firm recently told Artemis how the vehicle has become a reliable and central alternative capital vehicle for the firm, and how the company sees it as one of the […]

QBE now sees alternative capital as important lever for sustainable returns: CEO & CFO

QBE, the global re/insurer, sees alternative reinsurance capital as an important lever to allow the company to deliver sustainable returns in the mid-teens, according to its CEO Andrew Horton and CFO Chris Killourhy, with recent catastrophe bond and casualty sidecar initiatives seen as early deals to help in building a profile within ILS markets. It’s […]

CA FAIR Plan lifts target 75% to $350m for second Golden Bear Re wildfire cat bond

The California FAIR Plan Association is looking to upsize its second catastrophe bond sponsorship by 75%, with now $350 million of capital markets backed wildfire reinsurance protection sought from the Golden Bear Re Ltd. (Series 2026-2) cat bond issuance, Artemis has learned. The California FAIR Plan Association returned to the catastrophe bond market for its second sponsorship earlier […]

Cyber ILS still an effective alternative capital solution for large-scale, systemic risk: S&P

While 2025 was a quieter year for the cyber insurance-linked securities (ILS) space, S&P Global Ratings emphasised that the market still remains an effective alternative capital solution that offers insurers an effective way to transfer large-scale, systemic cyber risk to the capital markets. In a recent report published by the rating agency, analysts acknowledge that […]

NCIUA seeks $400m Cape Lookout Re 2026-1 cat bond, its second with resilience feature

The North Carolina Insurance Underwriting Association (NCIUA) is back in the catastrophe bond market with an initial target to secure $400 million of annual aggregate named storm reinsurance protection from a new Cape Lookout Re Ltd. (Series 2026-1) issuance, which will be its second with an embedded resilience bond feature, Artemis can report. A year ago, the […]

Global data center expansion presents clear role for ILS and capital markets: Aon

With growing capacity demands within AI and other cloud computing services leading towards a surge in data centers, this rapid expansion also presents a clear role for insurance-linked securities (ILS) and the capital markets, according to broker Aon. In its recent reinsurance renewals report, Aon outlined that the rapid expansion of data centers represents a […]