Alternative capital hits $121bn record high. Cat bonds and sidecars the key growth drivers: Aon
The amount of alternative capital in reinsurance supplied by insurance-linked securities (ILS) strategies and structures has reached a new high of $121 billion as of the middle of 2025, which Aon Securities notes was driven by strong catastrophe bond growth and supported by ongoing expansion of the sidecar sector as well. Aon Securities, the specialist […]
Risk management, tech, maturing ILS partnerships subdue the reinsurance cycle: AM Best
The reinsurance market cycle has become more subdued thanks to sound risk management practices, strategic use of technology and a maturing partnership with alternative capital (ILS), according to rating agency AM Best. Commenting this morning on the fact reinsurance firms met their costs of capital for the second year in a row in 2024, AM […]
Strong alternative reinsurance capital market growth to persist into 2026: Fitch
The recent growth trend in the alternative reinsurance capital market is forecast to persist into 2026, as supply of capital from investors and demand from sponsors seeking risk transfer remain robust, Fitch Ratings has said. The rating agency also notes how alternative capital and insurance-linked securities (ILS) market growth has resumed in sidecars as well […]
All indications point to continued catastrophe bond market growth: AM Best
Record levels of catastrophe bond market issuance in 2025 are reshaping the pricing landscape, AM Best believes, but the rating agency sees no sign of a slow-down ahead, as “all indications point to continued growth.” Insurance-linked securities (ILS) market capacity is at an all-time high and projected to end 2025 by having grown to around US […]
Alt capital & ILS an ‘increasingly important’ component of property cat reinsurance: Berenberg
According to equity analysts from Berenberg, alternative capital and insurance-linked securities instruments have become an increasingly important component of property catastrophe reinsurance limit, notably in the United States as cedants see value in diversified sourced capital. As the annual Monte Carlo reinsurance Rendezvous event in September nears, it’s safe to assume that property catastrophe risk […]
Hannover Re to expand direct ILS activities, launch Capital Partners platform in Bermuda
Hannover Re, the global reinsurer, is establishing a Bermuda based insurance-linked securities (ILS) platform named Hannover Re Capital Partners, as it looks to round-out its offering to ILS investors and the market, while creating a new avenue to manage and deploy third-party capital to augment its business activities, we understand. Artemis has learned that this […]
Egypt eyes cat bonds for economic protection and insurance market growth
A study undertaken by The Insurance Federation of Egypt has highlighted how the use of catastrophe bonds can help protect the country’s economy and society from natural catastrophe events, while also opening new opportunities for its insurance market. We’ve reported in the past how Egypt has looked to implement an insurance-linked securities (ILS) framework across […]
India urged to develop its own insurance-linked securities (ILS) regulatory framework
An expert panel has recommended that India develops its own insurance-linked securities (ILS) regulatory regime through its International Financial Services Centres Authority (IFSCA), which would include exploring the issuance of instruments such as catastrophe bonds. The panel, the Working Group (WG), which consists of industry experts, particularly within Alternative Risk Transfer (ART) arrangements, has published […]
Brazil’s ILS structure opens a new chapter for its re/insurance market: Fitch
Following the completion of Brazil’s first-ever insurance-linked securities (ILS) issuance earlier this year, analysts at Fitch Ratings have highlighted how the country’s ILS framework marks the beginning of a new chapter for its re/insurance market. Back in May, Brazilian reinsurer IRB (Re), via its wholly owned subsidiary, Andrina Special Purpose Insurance Entity (SSPE) sponsored the country’s […]
Third-party capital projected to grow 7%, hit $114bn in 2025: AM Best & Guy Carpenter
According to the latest projection from rating agency AM Best and broker Guy Carpenter, third-party capital deployed in reinsurance is anticipated to grow by almost 7% this year, projected to end the year at a new high of $114 billion. Third-party capital, that largely represents the capacity deployed by insurance-linked securities (ILS) fund managers and […]