capital markets

According to ratings agency AM Best, underlying insurance-linked securities (ILS) capital expanded throughout 2024 due to a large quantity of investors reinvesting their earnings across the market, which further expanded deployable ILS capacity.

With a widening crisis protection gap evident around the world there is a need for a transformational expansion in the use of insurance and reinsurance mechanisms to transfer risks to the capital markets, according to a report from the High-Level Panel on Closing the Crisis Protection Gap.

Re/insurer MS Amlin has again returned to the capital markets for a fifth renewal of its collateralized catastrophe quota share reinsurance sidecar vehicle Phoenix Re and it takes the sidecar platform to its largest yet at $90 million for 2025.

The insurance-linked securities (ILS) and reinsurance investments portfolio of Dutch pension PFZW, which is managed by pension investment firm PGGM, delivered a 15.1% return for full-year 2024, while in asset terms the allocation was a little down year-on-year but flat through the fourth-quarter.

There are only two weeks left until our next catastrophe bond and insurance-linked securities (ILS) conference. Artemis ILS NYC 2025 is being held in New York on February 7th. With space now running low, please register to ensure you can join us at the event.

One of the imperatives for growth of the catastrophe bond market has always been the onboarding of new first time cat bond sponsors into the market and Artemis’ data indicates over 40 have been added to our catastrophe bond sponsor leaderboard in just over three years.

With the catastrophe bond and insurance-linked securities (ILS) market expected to continue growing by analysts at investment bank Jefferies, they say that this will necessitate a continued expansion further into new and secondary perils, to offer broader risk management for re/insurers and an increasingly diversified investment choice for allocators.

Greg Case, CEO and Andy Marcell, CEO of Risk Capital at insurance and reinsurance broker Aon, have highlighted that innovation and new alternative  sources of capital are required to protect communities and assets, in bridging the gap between economic and insured catastrophe and climate losses.

With just a few weeks left to register for our upcoming catastrophe bond and insurance-linked securities (ILS) conference, Artemis ILS NYC 2025 is being held in New York on February 7th, here’s a look at who you can meet on the day. Register here to ensure you can join us at the event.

Fermat Capital Management, the specialist catastrophe bond and insurance-linked securities (ILS) investment manager, reached a new milestone in terms of cat bond and ILS assets under management at the end of 2024, surpassing the $10 billion level for the first time.