Reinsurance News
collateralised reinsurance
Retained earnings lift global reinsurer capital to record $720bn in Q1’25: Aon
1st July 2025
Analysis by insurance and reinsurance broking group Aon estimates that global reinsurer capital increased by almost 1%, or $5 billion in the first quarter of 2025 to $720 billion, driven by growth in traditional capital as the alternative portion remained at a record high. In 2024, global reinsurer capital grew by ... Read the full article
ILS and collateralised reinsurers dominate Florida Citizens 2025 renewal
24th June 2025
Final lines for Florida Citizens Property Insurance Corporation's 2025 risk transfer programme reveal that insurance-linked securities (ILS) and collateralised markets make up the majority of the new reinsurance placed, and the total tower for the year ahead. Yesterday, we reported that Citizens, Florida's insurer of last resort, had successfully secured ... Read the full article
Reminder: Register for the Artemis live webinar on cat bond and ILS market trends at mid-year 2025
10th June 2025
Artemis, our insurance-linked securities (ILS) focused sister publication, is hosting a webinar on June 17th, 2025, at 10am EST in the US (3pm BST UK), in collaboration with Computershare, during which market experts will discuss the state of the catastrophe bond and related ILS sector at mid-year 2025. Read the full article
Register for Artemis’ live webinar on the state of the cat bond and ILS market at mid-year 2025
8th May 2025
Registration is open for a live and free-to-attend webcast hosted by Artemis, our insurance-linked securities (ILS) focused sister publication, in collaboration with Computershare, which will delve into the state of the catastrophe bond and related ILS marketplace at mid-year 2025. This webinar, which will last for approximately ... Read the full article
Reinsurers positioned reasonably well for 2025 after 1.1 renewals: Vickers, Gallagher Re
23rd January 2025
Speaking with Reinsurance News in a recent video interview, James Vickers, Chairman of reinsurance broker Gallagher Re's International division, said that after the January 1st renewals, reinsurers are well placed but the question for companies for the rest of the year is what they can do about growing their ... Read the full article
Cat bond demand extremely strong, collateralised reinsurance returning: Gallagher Securities
16th January 2025
For various buyers of protection, the insurance-linked securities (ILS) market remains an integral part of their overall reinsurance purchasing decision, and demand for the catastrophe bond product was extremely strong in 2024, while demand for collateralised reinsurance is also returning, according to Gallagher Securities, the insurance-linked securities (ILS) and capital ... Read the full article
Fidelis secures $375m of collateralized reinsurance via latest cat bond
30th December 2024
Fidelis Insurance Bermuda Limited (FIBL) has successfully closed a new catastrophe bond, Herbie Re Ltd. (Series 2024-2), which provides the firm with $375 million of collateralized reinsurance protection against U.S., DC, Puerto Rico, and Virgin Islands named storm and earthquake risks. This latest transaction marks the sixth series of notes ... Read the full article
Artemis Live ILS Market Outlook 2025 webinar – Watch the full replay
27th November 2024
Our insurance-linked securities (ILS) focused sister publication, Artemis, has now published the full video of its ILS Market Outlook 2025 live webinar, during which experts from across the industry dissected the state of the catastrophe bond and broader ILS marketplace with a view to next year. The ... Read the full article
Starwind partners with Stone Point to launch collateralized reinsurer Fractal Re
4th October 2024
TIH subsidiary, Starwind Specialty Insurance Services, LLC, in partnership with Stone Point Credit, has launched Fractal Re Ltd., a new collateralized reinsurer with $270 million of raised capital, designed to provide capacity across Starwind’s diversified portfolio of casualty programs. Leading institutional and industry investors, including minority investments from Nationwide, Enstar Group, ... Read the full article
Everest expands its alternative capital business with launch of Mt. Logan Capital Management
18th July 2024
Bermuda-based insurer and reinsurer Everest Group has unveiled a new structure for its alternative reinsurance capital business, transforming it into a multi-vehicle capital management platform via the launch of Mt. Logan Capital Management, Ltd. (MLCM). The new platform aims to provide broad access and increase attractive opportunities for investors. MLMC, which includes ... Read the full article
Strong pricing levels for reinsurance propelled ILS market in 2023: AM Best
19th March 2024
According to rating agency AM Best, the strong pricing levels for reinsurance capital was one factor that helped generate a record-breaking year for the insurance-linked securities (ILS) market in 2023. Throughout last year, reinsurance pricing rose in numerous business lines, and notably in property catastrophe, which is where much of the ... Read the full article
AXIS and Stone Point launch casualty-focused collateralized reinsurer Monarch Point Re
29th September 2023
Bermuda-based insurer and reinsurer, AXIS Capital Holdings Limited, has partnered with Stone Point Credit Advisers LLC to launch Monarch Point Re, a new, Bermudian collateralized reinsurer with over $400 million of capital raised. The more than $400 million of equity includes a $75 million investment from a subsidiary of AXIS and ... Read the full article
Build America Mutual obtains $150m of reinsurance with third Fidus Re ILS deal
16th November 2022
Specialist financial guarantee insurer Build America Mutual (BAM) has secured $150 million of fully collateralized reinsurance via a third issuance through its Bermuda special purpose insurer (SPI), Fidus Re. Following this transaction, BAM's claims-paying resources now total more than $1.4 billion. Seán W. McCarthy, Chief Executive Officer of BAM, commented, “Volatile market ... Read the full article
Collateralised reinsurers dominate Florida Citizens renewal, again
1st July 2022
Providers of collateralised reinsurance, notably insurance-linked securities (ILS) market players, have once again taken the largest slice of Florida Citizens Property Insurance Corporation’s reinsurance program. For 2022, Florida Citizens was looking to secure anywhere up to $3.64 billion of risk transfer and reinsurance from across the traditional reinsurance and catastrophe bond ... Read the full article
Essent Guaranty secures $558mn from capital markets
24th June 2021
Essent Group subsidiary Essent Guaranty has obtained $557.9 million of fully collateralised excess of loss reinsurance coverage. The coverage is on mortgage insurance policies written in August 2020 through March 2021 from Radnor Re 2021-1 Ltd., a newly formed Bermuda special purpose insurer. Radnor Re 2021-1 Ltd. has funded its ... Read the full article
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