Insurance Linked Investments

Global reinsurance capital outpaced demand at the 2025 mid-year renewals, fostering a more competitive environment for buyers, according to Aon. The firm also estimated that insurance-linked securities (ILS) capital remained stable at $115 billion as of the end of the first quarter, underscoring the ongoing strength and resilience of alternative capital sources.

Across the insurance-linked securities (ILS) fund sector the month of May 2025 was a positive one, with the average across all private ILS and catastrophe bond funds tracked by the ILS Advisers Fund Index reaching a +0.79% return for the period.

We’ve reported before that the giant insurance-linked securities (ILS) portfolio managed by PGGM, the Dutch pension fund investment manager, on behalf of its end-client Dutch pension PFZW, had delivered a 15.1% net of costs return for calendar year 2024, on a Euro hedged basis.

Perren Capital Management Ltd., a Bermuda-based third-party capital reinsurance manager launched by Darren Redhead, has announced the hire of former Nephila Capital reinsurance controller Susan Richardson as the firm’s first Chief Operating Officer (COO).

Underscoring the potential impacts of climate change across the insurance-linked securities (ILS) market, ILS specialists at global asset management group Schroders have suggested that ILS managers should recalibrate risk assessments to reflect the climate change that has already occurred, and not just long-term projections.

Markel, the global specialty insurer, has promoted Nikki-Lynn Marshall to the role of Head of insurance-linked securities (ILS), after just six months in her previous role with the firm.

Regulator and supervisor the European Securities and Markets Authority (ESMA) has now published its awaited advice to the European Commission (EC) on its review of the UCITS Eligible Assets Directive (EAD), in which it says its conceptual view is that some alternative assets such as catastrophe bonds may sit better under a different framework than […]

As global financial markets reacted to the recent and continuing U.S. tariff threats, as well as macroeconomic and geopolitical uncertainty, catastrophe bonds once again proved their worth as a source of calm in the storm, according to Brookmont Capital Management, manager of the Brookmont Catastrophic Bond ETF (ILS).

Aeolus Capital Management Ltd., the specialist insurance-linked securities (ILS) and reinsurance investment manager, has announced a new research collaboration with Cornell University’s Department of Earth and Atmospheric Sciences, aimed at improving the modelling of hurricane tracks and assessing landfall risk with greater accuracy.

Across the entire roughly $4.49 billion reinsurance risk transfer tower of Florida’s Citizens Property Insurance Corporation the capital markets have taken their largest share proportionally in 2025, with around 87% of the total backed by catastrophe bonds, collateralized reinsurance markets and ILS fund managers.