Reinsurance News

White Mountains has reported that its investment into the Outrigger Re collateralized reinsurance sidecar, which supports its P&C insurance and reinsurance subsidiary Ark, delivered pre-tax income of $45 million in 2025, of which $55 million was attributable to the 2025 underwriting year, partially offset by a loss of $10 million from the 2024 underwriting year.

The global market for insurance-linked securities (ILS) is entering a new phase of stability. Following the key January 1, 2026 reinsurance renewal season, Aditya Dutt, President of Aeolus Capital Management, suggests that the sector has transitioned from a period of high volatility into a more disciplined, self-regulating era.

Malta has streamlined the accounting requirements for Reinsurance Special Purpose Vehicles (RSPVs), a move expected to significantly bolster the country’s insurance-linked securities (ILS) market. According to Malta-based law firm Ganado Advocates, these changes offer a more proportionate regulatory environment for complex risk vehicles.

In the increasingly volatile world of catastrophe risk, the primary hurdle for third-party capital has rarely been the risk itself, but rather the tail; the years-long process of loss adjustment and trapped capital that follows a major event. However, CelsiusPro is making the case that parametric insurance offers a cleaner alternative for institutional investors, according […]

For global insurance and reinsurance group Everest, the Mt. Logan Re third-party capital vehicle is starting off the year strong, with its assets under management surpassing $2.5 billion as of January 1, 2026, and according to Everest’s President and CEO, Jim Williamson, the vehicle is expected to take on a more prominent role in the […]

The London insurance and reinsurance market need to build on the success seen with the Lloyd’s insurance-linked securities structure London Bridge 2 PCC, as ILS remains a real opportunity to support market growth despite the UK ILS regime having stalled, Chris Lay, Chair of the London Market Group (LMG) trade body has said.

Markel Group has attributed meaningful growth in fronting by its insurance division in 2025 to the premium growth of property catastrophe programs for its insurance-linked securities management unit Nephila Capital, while ILS fee income also increased for the year.

Large European reinsurer Hannover Re expanded its retrocession protections by around 17%, or EUR 200 million to EUR 1.4 billion at the January 1st, 2026, reinsurance renewals, with increased capacity for its capital markets backed K-Cessions quota share sidecar facility, and a new parametric earthquake cover.

Kevin O’Donnell, the CEO of reinsurer and third-party reinsurance capital manager RenaissanceRe, said today that none of the firm’s investor supported joint-ventures entered 2026 any smaller than they were last year, leading to an expectation of relatively stable fee income ahead.

SCOR, the Paris-headquartered global reinsurance company, took advantage of the highly competitive retrocession market at the January 1st, 2026, reinsurance renewals, optimising its placements as it benefited from reduced pricing, according to Jean-Paul Conoscente, P&C CEO at SCOR.