Archive for August, 2026

CatIQ, the Toronto-based independent catastrophe insurance data provider, has published a final insurance industry loss estimate of CAD $2.80 billion from the severe flooding generated by the remnants of Hurricane Debby that impacted Ontario and Quebec between August 9th and 10th, 2024.

Over the first-half of 2026, Bermuda headquartered re/insurer Arch Capital reported a 27% reduction in net property catastrophe reinsurance premiums, while its senior executives noted higher cessions to reinsurance (likely retro) and third-party capital providers.

The global data centre insurance market is projected to grow from currently around US $11 billion to more than $24 billion by 2030, which comes as the market continues to drive an influx of infrastructure risks and opportunities, according to Allianz Commercial, the commercial insurance business of Allianz Group.

The Bermuda Stock Exchange (BSX) continues to optimise its process for listing new insurance-linked securities (ILS), with a streamlining announced that will allow for guaranteed next day listings, with same day possible in certain cases, for previously approved insurance-linked securities (ILS) programmes.

Hannover Re acknowledges reinsurance pricing is declining fastest in property catastrophe risks, but the company continues to find some growth opportunities here and expects price reductions will begin to decelerate now that rates have come down for two consecutive years, Sven Althoff said today.

Reinsurers are benefiting from maturing partnerships with alternative capital providers, helping them to consistently exceed their capital costs, a new report from rating agency AM Best has highlighted.

Mangrove Property Insurance Company, the Florida based specialist insurer, has announced the launch of Grove Re Ltd., the company’s first sidecar reinsurance vehicle, indicating a growing strategic goal to tap into efficient third-party capital sources.

Hannover Re has reported 7% higher first-half net income of EUR 1.4 billion for the first-half of 2026, while the reinsurance firm reported higher underwriting volumes at mid-year renewals amid continued price declines. Notably, with catastrophe losses below budget, only EUR 18 million was shared with insurance-linked securities (ILS).

With just a few weeks until our next catastrophe bond and insurance-linked securities (ILS) market conference, we have added three more expert speakers to the Artemis London 2026 website today. You must register soon to attend and join us on September 1st, for a full-day of in-depth ILS market discussion and valuable networking.

As the insurance-linked securities (ILS) and catastrophe bond markets continue to embrace artificial intelligence (AI), the technology has the potential to help expand the market into new sectors like data centre risks, according to Ethan Powell, Principal and CIO of Brookmont Capital Management.