Catastrophe bonds and insurance-linked securities news

Global non-life alternative reinsurance capital increased by 9%, or USD 12 billion in the first half of 2026 to a record USD 147 billion, driven by favourable returns and net inflows of capital, as total reinsurance capital rose by 5% in the period to a high of USD 688 billion, according to reinsurance broker Gallagher […]

The performance of insurance-linked securities investment fund strategies, across catastrophe bonds and private ILS, has continued to rise through July 2026 with the month delivering the best returns of the year so far for the asset class, as measured by the ILS Advisers Fund Index.

Insurance-linked securities (ILS) capital is now “foundational” within the global reinsurance market according to Aon, with alternative sources of capital now accounting for $144.5 billion of sector funds, with that figure rising by $3.5 billion just in the second-quarter of 2026.

Verisk, a data analytics and technology provider to the global insurance, reinsurance and insurance-linked securities (ILS) industry, has announced the promotion of Harry White to lead its Property Claim Services (PCS) unit.

Fermat Capital Management recently hit new milestones for two of its dedicated catastrophe bond fund strategies, taking the pair to more than $3 billion of assets under management each, while achieving those levels of assets at a particularly rapid pace, Artemis can report.

Brookmont Capital Management, LLC, is set to move the listing venue for its Brookmont Catastrophic Bond ETF (ILS) strategy to the Texas Stock Exchange as it hopes to onboard the first lead market maker to the fund within weeks.

American Coastal Insurance Company (AmCoastal Insurance) returned to the catastrophe bond market in recent weeks, Artemis can reveal, as a new $25.5 million Armor Re II Ltd. (Series 2026-2) issuance has been placed in the market, which appears likely to be a buy-down of the sponsors’ first-event reinsurance retention.

While the insurance-linked securities (ILS) market has been growing at a strong pace, thanks in the main to record levels of catastrophe bond issuance, rating agency AM Best believes that while this contributed to reinsurance market softening, the deployment of traditional capacity is still more impactful.

Artex Axcell Re, the Bermuda domiciled Artex Risk Solutions operated risk transformer entity, has brought another new private catastrophe bond transaction to market, with $20 million of Artex Axcell Re – PI0055 Grantham notes successfully issued and placed.

Fitch Ratings anticipates the growth of the alternative reinsurance capital and insurance-linked securities (ILS) market will continue in 2027, as risk-adjusted returns remain attractive to investors and sponsor demand for capacity remains high, despite the backdrop of reinsurance rate softening.