capital markets

Despite the significant Los Angeles wildfire losses at the start of 2025, reinsurance pricing at the January 1, 2026, renewals came in softer than anticipated just months ago. According to Moody’s Ratings, the combination of those losses failing to provide price support and a benign Atlantic hurricane season led to a more pronounced softening in […]

Coming off a substantial year for the catastrophe bond market, Aon Securities, the capital markets and insurance-linked securities division of the insurance and reinsurance broker, reported that its Catastrophe Bond Total Return Index generated a return of 11.6% for 2025.

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.

Integral ILS Ltd., an independent alternative investment manager focused on natural catastrophe insurance and reinsurance investments, has experienced strong growth in assets under management over the last year, starting January 2026 with $3.5 billion in committed AUM.

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.”

Coming off a robust 2025, ILS investment manager Tangency Capital Ltd has expanded its AUM to $3.6 billion. However, while Co-Founder and CIO Michael Jedraszak remains cautious about maintaining the firm’s current growth trajectory amidst softening rates, he forecasts a steady flow of capital into the sector as long as the broader ILS space remains […]

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.