Casualty insurance-linked securities news

In a year where Price Forbes Capital Markets saw strong activity and involvement in deals, it was casualty insurance-linked securities (ILS) that were the standout area of traction and CEO of the unit Adam Champion noted that the Bermuda market’s strength is compelling and easy to showcase to investors.

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.

According to Howden Re, the dynamics of supply and demand in the US casualty reinsurance market led to predominantly stable conditions during the January 2026 renewals. But the firm also highlighted that rising use of casualty insurance-linked securities (ILS) and sidecars in the US contributed to enhancing clients’ negotiating power throughout the season.

Culpeper Capital Partners is looking to scale its casualty ILS presence as part of a broader move to grow the asset class over the coming years. Moving beyond its inaugural casualty sidecar with QBE Re, firm leaders revealed to Artemis that they are already building a 2026 pipeline that includes a whole-account retrocessional deal and […]

Specialised reinsurance broker Willis Re has identified increased activity in private insurance-linked securities (ILS), catastrophe bonds, and industry loss warranties (ILWs) as notable trends within the ILS market during 2025.

As the reinsurance sidecar market keeps growing, GC Securities is placing significant emphasis on this sector as a major focus for 2026, while the firm also sees a need for greater attention on helping clients secure aggregate capacity for secondary perils, executives from the firm told Artemis in a recent interview.

QBE Re, the international reinsurance arm of the global insurance group, has sponsored its first casualty reinsurance sidecar vehicle, securing over $550 million in fully collateralised quota share reinsurance through George Street Re, with the transaction backed by institutional investors Culpeper Capital Partners and Calidris Investment Partners.

Ascot Group, the specialist global re/insurance underwriter, has appointed Ashleigh Edwards as Group Head of Ceded Reinsurance, where she will oversee the firm’s global ceded reinsurance strategy and harmonize it with Leadline Capital Partners, the company’s third-party capital management platform.

Fergus Re, the Bermuda based collateralized reinsurer that writes business for investors that have an appetite for returns from quality casualty risk underwriting business, has announced the appointment of Sharmini Samuels as Chief Underwriting Officer, effective January 1, 2026.

Longtail Re, the casualty reinsurance underwriting vehicle operated by asset manager Stone Ridge, has delivered a 20% annualised return-on-equity (ROE) since its inception in 2020, while also building a more than $6 billion asset portfolio, according to CEO Ross Stevens.