According to a new report from specialist insurance-linked securities (ILS) manager Twelve Securis, as the investment environment within ILS continues to evolve and spreads normalise from recent highs, the margin for error is narrowing, making execution quality more important than ever. The firm outlines that within this environment, sustained performance
Flood specialist JBA Risk Management has launched an enhanced version of its Global Flood Model, which introduces a variety of key features, such as enhanced hazard maps, a wide range of future climate event sets, and improvements to both processing speed and exposure disaggregation. As per the firm, these developments
Two new private catastrophe bond arrangements have been issued by Artex Axcell Re, the Bermuda based Artex Risk Solutions operated transformer entity, with almost $48.26 million of notes sold to investors across the two series, Artemis has learned. These are the first two private cat bond issuances we’ve seen so
A new AM Best report suggests that proposed changes to how the Hong Kong Insurance Authority (HKIA) assesses non-life insurers’ capital requirements, particularly for natural catastrophes, man-made risks, and offshore reinsurance business, could strengthen Hong Kong’s position as a global hub for reinsurance and risk management. According to the rating
As the insurance-linked securities (ILS) market continues to expand, Augment Risk is positioning parametric triggers not merely as a peripheral alternative, but as a central, diversifying asset class defined by its structural independence from traditional indemnity-based retrocession, a shift the firm believes is fundamental to unlocking the next phase of
The Australian Prudential Regulation Authority (APRA) has released its Insurance Climate Vulnerability Assessment (Insurance CVA), a prudential stress test showing how climate-driven pressures on insurance premiums could significantly widen the home insurance protection gap and weaken the resilience of Australia’s financial system. APRA’s Insurance CVA examined how home insurance coverage
While public and private insurance-linked securities (ILS) offer distinct pathways to insurance risk premia, the choice between them involves more than just a calculation of risk and return. According to Mark Gibson, Senior Investment Director at Schroders Capital, the true dividing line for investors is the degree of liquidity and
The US pension fund of global beverage and food giant the Coca Cola Company saw its investments into insurance-linked securities (ILS) increase in value in the last year to $266 million, reaching their highest level since 2022. The Coca Cola fund ILS allocation is one of the pensions investing in insurance-liked
Hannover Re has facilitated another private catastrophe bond arrangement, as its Bermuda-domiciled transformer vehicle Kaith Re Ltd. has issued a $20 million Seaside Re (Series 2026-71) transaction that is exposed to US property catastrophe risks and will provide reinsurance or retrocession for an unknown sponsor. Hannover Re continues to play an increasingly important