Alternative reinsurance capital

In order for the global insurance and reinsurance industry to meet the significant risk capital needs of the AI infrastructure and data centre build-out opportunity, securitization and third-party capital are going to be critical, Dean Klisura, CEO of Guy Carpenter said today.

David Flandro of reinsurance broker Howden Re expects alternative, or third-party capital’s important role in the catastrophe space, and increasingly in casualty / specialty lines, to continue.

Recent developments in the reinsurance and ILS sector are enabling a surge of investor interest in longer-tailed risks, such as casualty lines, due to notable advances in risk management technology and innovation, according to Aditya Dutt, President of Aeolus Capital Management.

Speaking last week in Mumbai, India at the 2026 IFSCA-IRDAI Global Reinsurance Summit, Shri K. Rajaraman, chairman, IFSCA, highlighted how the regulator is working on a framework that would enable re/insurers to set up reinsurance sidecars in a special purpose insurance (SPI) framework, and standardise parametric solutions to attract global institutional capital.

Arundo Re, the France headquartered international reinsurer, has announced the launch of the eighth vintage of its 157 Re reinsurance sidecar, with the 2026 issuance seeing new investors supporting the structure including Mutuelle Centrale de Réassurance.

Registration of new collateralized insurer class of companies in Bermuda soared to its highest level ever in 2025, helping lift catastrophe bond and insurance-linked security (ILS) related registrations above the prior year, while new cat bond issuance structures also rose compared to 2024.

Here are the ten most popular news articles, week ending January 25th 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.

Beazley has announced this morning that its board has rejected the acquisition proposal from Zurich Insurance Group, saying that the offer “materially undervalues Beazley and its longer-term prospects as an independent company.”

As market conditions soften and rate reductions accelerate, AM Best has revised its global reinsurance sector outlook to stable from positive, also cautioning that ILS capital could exert even more pressure on the market, although still viewing the situation as largely disciplined on the underwriting front.

Yesterday the news broke that global giant Zurich Insurance Group has made a number of proposals to acquire London headquartered specialty insurance and reinsurance company Beazley and it’s worth considering what this could mean for cyber, ILS and the use of third-party capital by these firms.