Reinsurance News

ILS

ILS or insurance-linked securities (ILS) are the asset class where insurance and reinsurance risks are securitized or transformed to become investable for large institutions.

Read all of our insurance-linked securities (ILS) news below.

SCOR gets $75m of multi-year nat cat reinsurance with latest cat bond

28th May 2026

SCOR, the France-based global reinsurance group, has completed the sponsorship of a new catastrophe bond, Atlas Capital DAC Series 2026-1, securing USD 75 million in multi-year protection against a range of natural catastrophe risks. The issuance provides cover for named storms across the United States and the Caribbean, earthquakes in the ... Read the full article

One Alliance North America enters cat bond market with $115m issuance through One Shield Re

22nd May 2026

One Alliance North America Insurance Company, formerly known as Universal North America Insurance Company, has entered the catastrophe bond market through One Shield Re Ltd., its newly established Bermuda-based Special Purpose Insurer. One Shield Re issued $115 million of Series 2026-1 Class A notes, providing three years of fully collateralized ... Read the full article

Lockton Re launches Brazil ILS platform

22nd May 2026

Lockton Re, the reinsurance business of independent insurance broker Lockton, has announced the launch of a dedicated insurance-linked securities (ILS) platform for Brazil. The reinsurance broker has fully deployed its advisory and structuring capabilities through locally licensed Special Purpose Securitization Entities (SSPE) dedicated to Brazil's Letra de Risco de Seguro (LRS) ... Read the full article

Hippo expands multi-peril coverage to include wildfire with latest catastrophe bond

19th May 2026

Hippo, a technology-native insurance group, has announced the closing of Mountain Re Ltd. (Series 2026-1), a $100 million catastrophe bond which provides multi-year collateralized reinsurance protection against a broad range of U.S. perils. Sponsored by Spinnaker Insurance Company, a wholly owned subsidiary of Hippo, the issuance consists of a $100 ... Read the full article

Alternative capital redesigning reinsurance, but still has challenges to face: Guy Carpenter

13th May 2026

Alternative capital is rewriting the rules of reinsurance, and while it seems it is here to stay, its rapid integration brings distinct structural challenges, a recent Guy Carpenter report highlights. The ‘Convergence of Financial and Reinsurance Capital: How catastrophe bonds, sidecars, and financial investors are redesigning the architecture of global reinsurance’ ... Read the full article

Schroders Capital and Hannover Re introduce tokenised infrastructure for ILS investments

24th April 2026

Schroders Capital, the private markets division of global asset manager Schroders, and Hannover Re, an international reinsurance provider, have launched a tokenised capability within Schroders Capital’s Private Debt & Credit Alternatives (PDCA) insurance-linked securities (ILS) platform. The announcement includes the completion of what is described as the first real-world collateralised reinsurance ... Read the full article

BMA reports sustained growth in alternative capital and ILS market

20th April 2026

The Bermuda Monetary Authority (BMA), the organisation responsible for regulating Bermuda’s financial services sector, has released data for Q4 2025 showing continued expansion in the island’s alternative capital and insurance-linked securities (ILS) market. According to the figures, Bermuda remains a significant global centre for alternative capital and ILS activity. By the ... Read the full article

Zurich closes $150m cat bond covering U.S. named storms and earthquakes

17th April 2026

Large insurer Zurich has returned to the catastrophe bond market, successfully closing a $150 million catastrophe bond covering U.S. named storms and earthquakes through the Turicum Re 2026-1 issuance. This Turicum Re Ltd. Series 2026-1 issuance is the first Rule 144A natural catastrophe bond sponsored by Zurich since late 2012. Turicum ... Read the full article

Catastrophe bond issuance hits $6.7bn in Q1’26 after record 2025: Artemis

16th April 2026

Catastrophe bond and related insurance-linked securities (ILS) issuance hit $6.7 billion in the first quarter of 2026, as a Q1 record 35 transactions came to market from a host of repeat and three first time sponsors, reports Artemis. The Artemis Q1 2026 catastrophe bond and ... Read the full article

Enstar and Artex to provide exit solutions for Artex’s ILS vehicles

16th April 2026

Global legacy specialist Enstar Group and Artex Capital Solutions, a provider of insurance-linked securities (ILS) insurance management and alternative risk solutions, have partnered to offer streamlined exit solutions for investors in the Artex ILS transformation vehicles, providing investors with access to a diversified suite of prospective and retrospective exit products ... Read the full article

Florida-based Olympus launches inaugural $120m cat bond

15th April 2026

Florida-based homeowners insurance specialist Olympus Insurance has entered the catastrophe bond market for the first time, completing a $120 million multi-year issuance through the newly established Abacab Re Ltd. that provides capital markets-backed reinsurance protection against Florida named storm risk. Initially launched at $100 million in size, with a price guidance ... Read the full article

Hamilton launches casualty reinsurance sidecar backed by Sixth Street

15th April 2026

Hamilton Insurance Group, a Bermuda-based underwriting and insurance platform focused on specialty insurance and reinsurance, has established a reinsurance sidecar to support capacity within its casualty reinsurance portfolio. The structure is expected to operate over multiple years, with total ceded premiums estimated at approximately $300 million across its lifespan. Investment capital ... Read the full article

EU‑wide risk‑sharing framework to help address nat cat insurance protection gap: Morningstar DBRS

14th April 2026

The European Insurance and Occupational Pensions Authority (EIOPA) and the European Stability Mechanism (ESM), have announced a proposal for a Europe‑wide risk‑sharing framework to address the natural catastrophe insurance protection gap while safeguarding private‑sector involvement. Released on 9 April 2026, the proposal arrives at a pivotal moment, as escalating climate driven ... Read the full article

Parametrix places $35m cloud outage cat bond for Hannover Re

8th April 2026

Parametrix, a provider of cloud monitoring, modelling and insurance services, has placed its third and largest cloud outage catastrophe bond, Cumulus Re III, attracting a greater number of investors than its predecessors and providing sponsor Hannover Re with $35 million of retrocessional protection for 2026–27. The parametric bond, first reported ... Read the full article

SI Re appoints Simon Parten as ILS Portfolio Manager

7th April 2026

SIGNAL IDUNA Reinsurance Ltd (SI Re), the Swiss based reinsurer, has announced the appointment of Simon Parten as ILS Portfolio Manager, effective 1st June 2026. In his new role, Parten will further develop SI Re's Insurance-Linked Securities (ILS) portfolio, which serves as a key diversifier within the company’s reinsurance book. He brings ... Read the full article