Collateralized reinsurance news

Florida’s Citizens Property Insurance Corporation is planning to call its $1.1 billion of Everglades Re II Ltd. (Series 2024-1) catastrophe bonds in advance of its renewal, to enable it to take advantage of current market conditions and may sponsor issuance of around $600 million of new cat bonds this year to make a saving on […]

Florida’s property insurer of last resort Citizens Property Insurance Corporation began 2026 with 67% less exposure, while the firm also projects it will need $3 billion of traditional reinsurance and / or catastrophe bonds for the 2026 hurricane season.

Everest Group, the global insurance and reinsurance specialist, benefited from a $35 million dividend payment from its Mt. Logan Re Ltd., third-party capitalised sidecar-like structure in 2025, while also earning $7 million of income from its investment into specific Mt. Logan Re cells.

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.

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.

With Arundo Re recently completing its eighth vintage of its 157 Re reinsurance sidecar, Mathieu Halm, Board Secretary and Chief Retrocession & Alternative Capital Officer of the firm recently told Artemis how the vehicle has become a reliable and central alternative capital vehicle for the firm, and how the company sees it as one of […]

QBE, the global re/insurer, sees alternative reinsurance capital as an important lever to allow the company to deliver sustainable returns in the mid-teens, according to its CEO Andrew Horton and CFO Chris Killourhy, with recent catastrophe bond and casualty sidecar initiatives seen as early deals to help in building a profile within ILS markets.

Zurich, the European headquartered global re/insurance company, has renewed its catastrophe reinsurance at January 1st, placing more of its aggregate catastrophe treaty for 2026 to provide additional frequency protection, while finding market conditions stable and pricing favourable.