Archive for February, 2026

Northern Re’s recent $150 million capital raise marks a significant step in the expansion of its technology-enabled platform. According to the firm’s founding brothers, Anthony and Peter McKelvy, Northern Re is navigating a shift in the reinsurance landscape where investors are increasingly prioritising operational transparency over purely financial objectives.

Munich Re has demonstrated the power of a large diversified reinsurance and insurance group in beating its profit target for 2025, while showing its desire to retain more of the economics of its re/insurance business by slashing its retrocession arrangements and scrapping its collateralized reinsurance sidecar programme.

Catastrophe data aggregator PERILS has provided its first insurance industry loss estimate for the Victoria Bushfires which took place between January 7th and 13th 2026, at AU$786 million.

Bruce Lucas, the CEO of Slide Insurance Company, said today that the firm’s new $320 million Purple Re Ltd. (Series 2026-1) catastrophe bond came in with risk-adjusted pricing that was down more than 20% year-on-year, while his company expects to benefit from more reinsurance synergies as it has ambitious expansion plans.

Universal Insurance Holdings, Inc. has already placed approximately 90% of its first-event catastrophe reinsurance tower and has secured additional multi-year cover to run through the 2027 hurricane season, the firm’s CEO Stephen Donaghy said today.

Fixed income financial services investment specialist Cohen & Company Inc. has announced that its controlled subsidiary, Cohen & Company Financial (Europe) S.A. (CCFESA), has raised €481.5 million for its PriDe IV subordinated insurance debt funds.

While the insurance-linked securities (ILS) business at Hiscox Capital Partners has seen its headline assets under management (AUM) figure rise, this underplays the fact deployable ILS capital has risen more thanks to returns of older capital being outpaced by new flows, and Hiscox Group’s CEO believes the deployable total will keep growing.

The International Financial Services Centres Authority (IFSCA) will be sending proposals to the Government of India regarding the regulator’s suggested framework that would allow re/insurers to set up reinsurance sidecars in a special purpose insurance (SPI) structure, Chairman K. Rajaraman announced at the Global Conference of Actuaries 2026 earlier this week.

Northern Re, the collateralized reinsurance company that provides investors with access to the returns of its long-tail casualty underwriting business, has announced raising an additional $150 million in committed capital from existing and new institutional investors, which now brings the company’s total platform capacity to $325 million.

Allstate has now successfully priced its new catastrophe bonds to provide the largest amount of reinsurance limit it has ever secured in a single visit to the market, with $1.2 billion of multi-peril reinsurance confirmed from the dual issuances of Sanders Re IV Ltd. (Series 2026-1A) and Sanders Re III Ltd. (Series 2026-1B) cat bond […]