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 […]
Cat bond market helps CEA reduce its reinsurance attachment point and costs
Over the last year the California Earthquake Authority (CEA) has benefited from strong execution in the catastrophe bond market to lower both its reinsurance attachment point and costs associated with risk transfer. With now three catastrophe bonds sponsored so far in 2025, the California Earthquake Authority (CEA) has steadily increased the capital markets share of […]
ILS and cat bonds will help close India’s protection gap: FAIR panel
In a recent panel discussing how reinsurance strategies can expand insurance access in India, Mahipal Reddy, Executive Director, International Financial Services Centres Authority (IFSCA), GIFT City, Gujarat, suggested that the analytical framework already set in place for catastrophe bonds and insurance-linked securities (ILS) will drive the popularity of parametric solutions. At the 29th Federation of […]
Moody’s finalises, publishes new catastrophe bond and ILS rating methodology
Moody’s Ratings has now finalised and published its awaited new methodology for rating insurance-linked securities (ILS) such as catastrophe bonds. Moody’s Ratings had issued a discussion paper on insurance-linked securities (ILS) and cat bonds back in March 2025 and put out a call for feedback from market participants, to help clarify its understanding of ILS market dynamics […]
Monetary Authority of Singapore details non-APAC risk features of refreshed ILS grant scheme
The Monetary Authority of Singapore (MAS) has now confirmed details of the refresh and extension of its insurance-linked securities grant scheme, with grants now available to cover some of the upfront costs of issuance for catastrophe bonds covering risks outside of the Asia Pacific region, as well as for other ILS arrangements. The refresh and […]
Europe’s re/insurers turn to ILS and alternative capital amid market complexity: AM Best
At AM Best’s Europe Insurance Market & Methodology Briefing in London this week, analysts noted that insurers and reinsurers are managing capital more efficiently, with the growing role of insurance-linked securities (ILS) emerging as an increasingly important alternative capital strategy for risk management. During the event held on November 6th 2025, Timothy Prince, Director, Analytics […]
China regulator calls for domestic re/insurers to sponsor sidecars in Hong Kong
Chinese financial markets regulator the National Financial Regulatory Administration (NFRA) has issued guidance for domestic China market insurance and reinsurance companies to sponsor collateralised sidecar structures out of Hong Kong. Continuing to recognise the potential benefits to the domestic China insurance market of accessing third-party investor sources of international capital to fund growing reinsurance needs, […]
MAS to encourage livelier capital markets for alternative risk financing, strengthening Singapore’s insurance hub status
The central bank will extend its support to cover non-Apac risks and renewable energy products, while continuing to prioritise solutions that address the region’s needs. [SINGAPORE] The Monetary Authority of Singapore (MAS) has refreshed its insurance-linked security (ILS) grant scheme to offset issuance costs, encourage broader market participation and innovation, and support the growing demand […]
First $20bn catastrophe bond year now in sight for 144A & private issuance tracked by Artemis
With the catastrophe bond market pipeline growing for the fourth-quarter, Artemis is on course to track its first $20 billion year of issuance in 2025, as our extensive and long-standing data set of Rule 144A and private cat bond transactions now has that milestone in sight. The $20 billion of issuance in a single calendar […]
Singapore to extend ILS grant scheme to cover non-APAC cat bond risks again
Having made its insurance-linked securities (ILS) grant scheme more restrictive back in 2023, to only offer the grant to catastrophe bonds or ILS covering regional risks from Asia Pacific, Singapore is reversing that move and expanding the ILS grant offering once again to cover cat bond risks from other locations around the globe, it appears. […]