Insurance Linked Investments

Global reinsurance broker Gallagher Re has announced that it has appointed Scott Cobon from Artex Risk Solutions as Head of Strategic Solutions in Bermuda, where he will work closely with Gallagher Securities, the firm’s insurance-linked securities (ILS) and capital markets broker-dealer division.

The combined assets under management of the dedicated mutual catastrophe bond and insurance-linked securities (ILS) funds managed by the Pioneer Investments team has continued to rise, with the total now over $2.5 billion, while the pure cat bond fund strategy delivered a 12.82% return and the interval ILS fund 18.66%.

QBE Re, the international reinsurance arm of the global insurance group, has sponsored its first casualty reinsurance sidecar vehicle, securing over $550 million in fully collateralised quota share reinsurance through George Street Re, with the transaction backed by institutional investors Culpeper Capital Partners and Calidris Investment Partners.

As per reinsurance broker Howden Re, industry loss warranties (ILWs) are expected to return to more normalised growth in 2026, as the January 1st reinsurance renewals showed rates falling by 10% to 20%.

Radix Insurance Linked Strategies (Radix ILS), the Bermuda-based third-party capital manager and tech-first reinsurance capacity deployment company, has announced the hiring of Nicolas Plianthos as its Chief Operating Officer (COO), bringing years of insurance management and operational expertise to the firm.

There is just one month to go until our upcoming ILS NYC 2026 insurance-linked securities conference and today we have revealed the topics for each of the panel sessions. Please register soon to guarantee your place at the conference, as tickets continue to sell ahead of prior year’s.

Catastrophe bond market insurance risk spreads, or the discount margin, increased by roughly 6% in the month of December 2025, as spread widening returned to more seasonal norms lifting the overall yield of the catastrophe bond market to 8.80%.

MS Amlin has now confirmed the expansion of its Phoenix Re securitized sidecar vehicle, lifting it to $115 million for the 2026 underwriting year, as the company continues with the insurance-linked securities strategy into its now sixth year.

Leadenhall Capital Partners, the London headquartered specialist insurance linked securities (ILS) and reinsurance related investments manager, has expanded its Partnership to thirteen by admitting two long-standing employees, Yuko Hoshino and Anthony Mensa Bonsu.

The insurance-linked securities (ILS) fund sector gained 0.81% on average for November 2025, lifting the group of cat bond and ILS funds tracked by the ILS Advisers Fund Index to an average 11-month return of 10.40%.