Airmic: Parametric solutions go mainstream as data improvements drive demand
UK corporates face an increasingly complex risk landscape. Weather extremes, supply chain fragility, infrastructure dependencies and fast-moving operational risks now sit alongside traditional property exposures. As risk managers seek solutions that respond quickly, flexibly and transparently, parametric insurance has rapidly emerged as a powerful complement to traditional indemnity insurance. Thanks to advances in data availability, […]
IA’s Stephen Yiu hails ILS a ‘blue ocean’ opportunity for Hong Kong’s insurance brokers
As insurance-linked securities (ILS) continues to gain momentum in Hong Kong, Stephen Yiu, JP Chairman of the Hong Kong Insurance Authority (IA) believes that the market is a “blue ocean” for Hong Kong’s insurance brokers, and an opportunity not to be missed. Yiu, speaking at the CIB Annual Conference, explained that increasingly frequent and severe […]
Abu Dhabi regulator seeks input on potential ILS framework, synthetic sidecar concept
The financial regulator in Abu Dhabi is asking for stakeholder and industry feedback as it considers developing a framework to support growth of an insurance-linked securities market there, while also seeking input to a concept for a “synthetic sidecar” structure that would sit within a regulated insurance entity. The Financial Services Regulatory Authority (FSRA) of […]
Germany’s insurers pitch Elementar Re catastrophe reinsurance risk pool
Germany’s insurance industry has introduced a proposed natural catastrophe reinsurance vehicle called Elementar Re, intended to serve as a backdrop for primary insurers facing increasing losses associated with climate risk. The concept, which was released by the German Insurance Association (GDV), centers around pooling high-risk residential properties, and adding a state-supported layer of protection for […]
Galapagos Capital uses SSPE structure to issue R$100m Brazil ILS transaction
Global investment company Galapagos Capital has announced the issuance of up to R$100 million in Insurance Risk Letters (LRS), which are the Brazilian regulatory regime version of insurance-linked securities (ILS), marking the second ever ILS issuance in Brazil, and the first from Galapagos Capital. Recall at the end of 2024, Galapagos Capital received authorisation from Brazil’s […]
Parametric insurance enters the mainstream as climate risks surge
Once seen as a niche tool for specialized risks, parametric insurance is accelerating into the mainstream insurance market, driven by rising climate volatility, better data, and a growing appetite for clear, fast-payout protection. That was the consensus among senior underwriting and technology leaders speaking at the Insurance Innovators Summit 2025 in London this week. During a panel […]
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 […]
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 […]
WFP calls for disaster risk financing expansion amid cat-driven food insecurity
At COP30, the United Nations World Food Programme (WFP) warned that a 1°C rise in global temperatures could thrust an additional 70 million people into food insecurity across the 45 countries where it operates, highlighting the urgent need to expand disaster risk financing. The programme continued, “Extreme weather is exacerbating a global hunger crisis, as […]
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 […]