capital markets

According to Munich Re’s CEO, price pressure in reinsurance from alternative capital and insurance-linked securities (ILS) investors is “simply non-existent” with no major build-up of ILS capital seen and Joachim Wenning also does not believe reinsurance is soft.

Aspen, the global re/insurer, saw fee income earned for managing third-party investor capital rising faster still in the second-quarter of 2025, as third-party, ILS and alternative reinsurance capital management unit Aspen Capital Markets continued to expand its footprint.

This morning we are pleased to announce a keynote speech from the Bank of England and also to reveal the agenda outline for our upcoming catastrophe bond and insurance-linked securities (ILS) conference, Artemis London 2025. Held in London on September 2nd, there are just a few weeks to go. Register to attend here.

Fermat Capital Management has shuttered the long-standing GAM FCM Cat Bond Fund, an offshore strategy it took over as part of its recent separation with asset manager GAM, with substantially all of the investors having now moved to its newer offshore Fermat Cat Bond Fund, Artemis can report.

White Mountains reported that in the first six months of 2025, its investment into the Outrigger Re collateralized reinsurance sidecar, that supports its P&C insurance and reinsurance subsidiary Ark, was impacted by the Los Angeles wildfires, which contributed to a pre-tax income of just $0.3 million for the sidecar in the period, as well as […]

Blackstone has again demonstrated its appetite to source insurance and reinsurance-linked opportunities for private capital clients with a newly announced life and annuities flow reinsurance sidecar-like structure established for F&G Annuities & Life, Inc. and backed by $1 billion of capital from Blackstone managed funds.

W. R. Berkley Corporation, the US headquartered insurance holding company, has continued to make greater use of its Lifson Re collateralized reinsurance sidecar structure through the second-quarter of 2025, with written premiums ceded to the sidecar now up by 76% year-on-year for the first-half, at $362 million.

At a Board meeting of the Texas Windstorm Insurance Association (TWIA) yesterday, members discussed the evolution of the property insurer of last resort’s funding under new state legislation, concluding that it may result in TWIA opting to reset and perhaps even redeem early some of its catastrophe bonds.

We are delighted to announce four more expert speakers who are joining our upcoming catastrophe bond and insurance-linked securities (ILS) conference, Artemis London 2025. Held in London on September 2nd, there is now under one month to go until the event. Register to attend here.

Keeping reinsurance attachment points stable at their current levels where they had been reset to during the recent hard market is seen as the most critical factor in reinsurance profitability, with analysts from Berenberg stating this is equivalent to a 20% to 30% benefit in terms of pricing.