Archive for April, 2026

Tower Hill Insurance Exchange is now targeting a second reduction in pricing for its new catastrophe bond sponsorship, maintaining the top-end $375 million target for reinsurance protection from the Winston Re Ltd. (Series 2026-1) issuance, while lowering price guidance again for all three tranches of notes on offer, Artemis can report.

Here are the ten most popular news articles, week ending April 19th 2026, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.

The Prudential Regulation Authority (PRA) of the Bank of England has confirmed that it will continue to work with the HM Treasury on further reforms to enhance insurance-linked securities (ILS) and catastrophe bond frameworks in the United Kingdom in order to amplify competitiveness within the market.

Twelve Securis, the specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has extended its long-standing collaboration with Bank J. Safra Sarasin to now include distribution across Italy and Spain.

Broking giant Aon has estimated that global insured catastrophe losses amounted to at least $20 billion in the first quarter of 2026, 6% above the 21st-century average, which came off the back of an economic toll of $37 billion, down sharply from $113 billion in the same period of 2025.

Zurich’s successful sponsorship of its $150 million Turicum Re Ltd. (Series 2026-1) issuance, which provides the firm with a multi-year and fully-collateralized source of US named storm and earthquake reinsurance protection, enables the company to re-establish its presence and reputation in the growing insurance-linked securities (ILS) market, Paolo Mantero, Head of Group Reinsurance has said.

During the SIFMA ILS conference in Miami yesterday a panel discussed the topic of data centre risk and some of the considerations that need to be kept in mind as the insurance-linked securities (ILS) market looks at these potentially meaningful opportunities.

While loss multiples across recent cyber catastrophe bonds have trended lower, rating agency AM Best suggests that while the novelty premium ascribed to earlier issuances is reducing, it stresses that such a premium has not gone away entirely.

The casualty insurance-linked securities and casualty reinsurance sidecar market is seen as primed for expansion, with speakers at today’s SIFMA ILS conference in Miami saying the aligned nature of the structures and the motivation of cedents to participate all suggest traction will persist.

As the global data centre build-out continues to gain traction across the re/insurance market, insurers are reportedly considering the insurance-linked securities (ILS) market to help support their capacity needs, a shift which follows a record opening quarter of catastrophe bond issuance for reinsurance broker Guy Carpenter, CEO Dean Klisura said today.