Alternative reinsurance capital

Gálapagos Capital Sociedade Seguradora de Propósito Específico S.A., the Brazil based SSPE or special purpose reinsurance vehicle that can issue Letra de Risco de Seguro (Insurance Risk Letters) and is owned by global investment company Galapagos Capital, has now issued its second arrangement under the Brazilian insurance-linked securities regime.

The recent launch of NovaCore’s new collateralized reinsurance sidecar NovaRe, backed by alternative investment firm New Mountain Capital, LLC, through the establishment of VictoryRe, reflects New Mountain’s conviction in specialty insurance and aligns with its strategy for building integrated and scaled businesses, Steve Klinsky, CEO and Founder has said.

Novacore, an independent managing general agent (MGA), has secured collateralized reinsurance support from a new sidecar structure backed by New York headquartered alternative investment firm New Mountain Capital, LLC, which alongside its affiliates has around $60 billion in assets under management.

Here are the ten most popular news articles, week ending April 12th 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.

This new video features another panel discussion from Artemis ILS NYC 2026, a session focused on the cat bond marketplace, from our tenth catastrophe bond and insurance-linked securities (ILS) conference in the ILS NYC series, held on February 6th 2026 in New York.

Howden Capital Markets & Advisory (HCMA), the capital markets and insurance-linked securities (ILS) specialist unit of broking group Howden, has launched a German entity in response to growing demand from European insurers and reinsurers for capital markets solutions and strategic transactions.

Catastrophe bond pricing has fallen by more than 20% year-on-year as of early March 2026, according to Gallagher Securities, with the company explaining that the softer pricing environment means that investors have been willing to allocate capital to riskier tranches of cat bond notes.

Equity analysts at Autonomous have indicated in a recent report that, with 2025 demonstrating significant growth in overall alternative capacity, 2026 is anticipated to experience moderate acceleration in the growth of third-party reinsurance capital.

Here are the ten most popular news articles, week ending April 5th 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.

Aon Securities, the broker-dealer and investment banking arm of the broking giant, believes catastrophe bond market and broader third-party reinsurance capital activities will remain robust through the rest of 2026, according to CEO Richard Pennay.