Archive for August, 2025

The reinsurance market is maintaining structural discipline at this time, with the lack of meaningful new entrants seen as one driver. But rating agency AM Best has asked today whether the stronger foundations of the industry can prove durable this time, while also noting that the structural reset has benefitted ILS investors as well.

Swiss Re’s CEO Andreas Berger explained today that the company sees the current state of the reinsurance market as one where discipline is being maintained, which he believes is a new normal and must be sustained, while he also said that margins were particularly attractive for natural catastrophe risks in recent renewal rounds.

The Pacific Catastrophe Risk Insurance Company (PCRIC) has made a US $285,000 payout under a parametric insurance policy to the government of Samoa, after tsunami waves from the recent magnitude 8.8 earthquake off the coast of Russia impacted the country.

We now have attendees from more than 110 organisations registered for our upcoming catastrophe bond and insurance-linked securities (ILS) conference, Artemis London 2025. Held in London on September 2nd, the event will feature a full-day of in-depth discussion about the ILS market and valuable networking. Register to attend and join the crowd.

A recent report published by Natural Resources Defense Council (NRDC) highlights that allowing FAIR plans to sell catastrophe bonds can help provide U.S. states with another avenue to transfer risk, in addition to reinsurance.

Swiss Re has continued to grow across its natural catastrophe, property and specialty lines business through renewals this year so far, with 3% volume growth at the mid-year renewals, against a backdrop of continued price increases, but with rising loss assumptions, meaning a net price change of -2.4% at June and July.

In the latest twist in the long-running Vesttoo saga, where fraudulent collateral was found to be sitting behind reinsurance deals via letters of credit (LOC) that turned out to be forged, the creditors to the failed insurtech’s bankruptcy trust are now suing broker Aon and China Construction Bank, alleging fraudulent conduct and blaming them for […]

RenaissanceRe’s Capital Partners division saw its third-party investor capital under management surpass the $8 billion milestone for the first time ever, reaching $8.09 billion at June 30th 2025, which represents an increase of $940 million or 13% over the prior twelve months.

Beazley’s Group Chief Underwriting Officer Paul Bantick explained this morning how the company has prepared itself to respond to the evolving cyber threat landscape, laying out the importance of its reinsurance and cyber insurance-linked securities (ILS) protection, while also providing an insight into its exposure to recent events.

In the latest annual report from Pool Re, the UK government-backed mutual terrorism reinsurance facility, its leadership explained how the third successful sponsorship of a terror catastrophe bond this year helps to distance the taxpayer from potential losses, while placing risk back into the private markets.