Cyber ILS primed for future growth if traditional capacity constraints emerge: S&P
While ample traditional reinsurance capacity is keeping the cyber ILS market limited for now, the underlying risk modeling and investor confidence in the asset class continues to grow. According to a new report from rating agency S&P, these evolving capabilities are laying the groundwork for alternative capital, which could play a much larger role should […]
Cedents increasingly seek reinsurers with access to multiple capital sources: Guy Carpenter’s Paretchan
The growth of alternative capital is giving buyers more flexibility to build diversified reinsurance programmes, with cedents increasingly seeking partners able to access both traditional and alternative sources of capacity, Guy Carpenter’s Jennifer Paretchan recently told Reinsurance News. Speaking following the release of the firm’s July 2026 reinsurance renewal report, Paretchan noted the expansion of […]
Reinsurance sidecars remain key in 2026, as third-party capital deployment holds stable: Aon Securities
Reinsurance sidecars remain a key theme in 2026, with third-party capital deployment holding broadly stable despite a rapidly evolving landscape of perils and structures, according to Aon Securities, the broker-dealer and investment banking arm of the broking firm. Writing in the broker’s latest reinsurance market report, Aon Securities observed that increased investor appetite is helping […]
Ledger Investing reports continued demand for casualty ILS amid softening property cat market
Against the softening property catastrophe market, casualty remains the most focal alternative within the insurance-linked securities (ILS) space, but also the hardest to successfully close, according to Ledger Investing, who reports that while capital is actively seeking diversification, casualty rate adequacy remains intact, and the market is working deliberately to standardise. The insurtech and casualty […]
Insurance capacity constraints for data centres to drive ILS use: S&P
With capacity constraints likely to limit the insurance industry’s ability to fully insure hyperscale data centre projects, given their scale and complexity, a new report from S&P notes that this will drive greater use of self-insurance through captive insurers, and potentially, alternative capital such as insurance-linked securities (ILS). The rating agency’s latest report suggests that […]
Diversity of reinsurance, cat bond, ILS, aggregate options a strength for insurers: KBRA
In the current softening market environment where reinsurance capital is abundantly available, primary carriers are benefiting from a greater diversity of protection options, across traditional reinsurance, insurance-linked securities and a growing availability of aggregate covers, rating agency KBRA has explained. KBRA sees this wider range of risk transfer options as “a strength” for primary insurance […]
Australia’s APRA makes access to alternative reinsurance (cat bonds and ILS) simpler
The Australian Prudential Regulation Authority has now updated its regulatory framework to make access to alternative reinsurance solutions simpler and easier for insurers in the country, with targeted changes that will support access to catastrophe bonds and other insurance-linked securities (ILS) for potential sponsors there. We reported back in November 2024 that the Australian Prudential Regulation Authority […]
Singapore’s MAS launches consultation for PCC and collateralised reinsurance structure
An awaited consultation process on the regulatory framework for a Protected Cell Company (PCC) structure that can be used for collateralised reinsurance arrangements, including sidecars, and efficient insurance-linked securities (ILS) issuance has now been launched by the Monetary Authority of Singapore (MAS). The Monetary Authority of Singapore (MAS) published the consultation documents today, asking market […]
Catastrophe bond market records that were broken in H1 2026
The first-half of 2026 saw another record period of issuance in the catastrophe bond market, as the use of cat bonds to source reinsurance protection continues to increase and the investor base appetite for new cat bond investment opportunities grows. Beyond the new issuance high-bar that was set, numerous other records fell in H1. Having […]
Swiss Re sets top Matterhorn Re 2026-3 retro cat bond target of $345m as pricing falls twice
Swiss Re is now aiming to secure as much as an upsized $345 million of broad North American peak peril retrocessional protection through its new Matterhorn Re Ltd. (Series 2026-3) catastrophe bond offering, while the price guidance for the notes has now been lowered twice, Artemis can report. The global reinsurance giant returned to the catastrophe bond market […]