IRB (Re), the Brazilian reinsurance company, has renamed its special purpose insurer and issuer of Letra de Risco de Seguro, the local brand of insurance-linked securities, to align it with the group name, now becoming IRB (SSPE). IRB (Re) was the first sponsor of a structure under Brazil’s Sociedades Seguradoras
Hannover Re is continuing to build-out its Bermuda-based insurance-linked securities (ILS) platform Hannover Re Capital Partners in 2026, with funds deployed for partnering investors already, the team being strengthened and a goal to onboard more investors while establishing new structures to support a range of investment opportunities. The global reinsurance
Catastrophe bond market yields may have declined over the last two years, but specialist Swiss insurance-linked securities investment manager Euler ILS Partners believes this is a normalisation, or a return to more historically normal pricing, rather than a structural shift in demand. The catastrophe bond market continued to expand through
A new report from Sage Advisory Services, the fixed income and alternative solutions manager, has highlighted that through ILS and catastrophe bonds’ ability to allocate capital across regions and perils, these instruments make a strong case for impact investing to move beyond mitigation and into resilience. The report, authored by
During a recent media briefing, Hon. Andre Ebanks, MP, Premier & Minister for Financial Services and Commerce, highlighted how the Cayman Islands’ application for US National Association of Insurance Commissioners (NAIC) Qualified Jurisdiction Status (QJS) could further boost the territory’s appeal for ILS, while also creating opportunity for the island
As Twelve Securis continues to expand its presence across Asia, which includes setting up two new distribution partnerships in Taiwan, Vittorio Sangiorgio, who serves as Head of Investment Solutions at the specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has emphasised how the region offers many opportunities for the ILS market
Fermat Capital Management has launched a new strategy specifically for investors in New Zealand, with the Fermat Cat Bond PIE Fund becoming the first cat bond fund structured in the tax efficient Portfolio Investment Entities format. In recent year’s, the specialist catastrophe bond and insurance-linked securities (ILS) investment manager has
The Inter-American Development Bank (IDB) has successfully arranged its first sovereign parametric catastrophe swap transaction, securing $20 million of hurricane risk transfer for Belize, underwritten by global reinsurance firm Swiss Re. This first of its kind transaction to be facilitated by the Inter-American Development Bank (IDB) is seen as an
A national adaptation plan produced for the government of south Pacific island nation Samoa calls for scaling up of parametric protection across the region, as well as for existing risk pools to cover more perils, while also suggesting a regional catastrophe bond should be planned to provide risk capacity in