Catastrophe bond news

When deciding whether to access insurance-linked securities (ILS) and non-traditional sources of reinsurance capital, the question is no longer whether to engage. Rather it has shifted to identifying how to bring it into your capital model effectively and meet medium to long-term strategic goals, Jason Bolding, CEO of Gallagher Securities has said.

A survey of institutional investors recently undertaken by Gallagher Securities found that 60% are intending to increase their allocations to insurance-linked investments, with catastrophe bonds and similar insurance-linked securities (ILS) seen as the main type of assets in focus.

French reinsurance company SCOR has now secured the targeted $75 million of multi-peril fully-collateralized retrocession it was seeking from its new Atlas Capital DAC (Series 2026-1) catastrophe bond, while the notes priced at the low-end of initial guidance, Artemis has learned.

One Alliance North America Insurance Company, the US homeowners and commercial lines specialist underwriter and carrier that recently priced and secured a debut $115 million One Shield Re Ltd. (Series 2026-1) catastrophe bond, has said the upsized transaction supports its ability to protect policyholders and communities.

Property insurers in the State of Florida are expected to benefit from a more pronounced softening of reinsurance pricing and rates at the June 1 2026 renewals, which may serve to sustain the positive market momentum being seen since the legislative reforms, AM Best has explained.

Lockton Re, the reinsurance arm of the independent broking group, has announced the full deployment of its advisory and structuring capabilities dedicated to Brazil’s Letra de Risco de Seguro (LRS /Insurance Risk Letters) market, utilising locally licensed Special Purpose Securitisation Entities (SSPE).

The Texas Windstorm Insurance Association’s (TWIA) reinsurance renewal for 2026 is fully-committed by markets and expected to be signed in the next couple of days, while Allen Cashin of Gallagher Re said that the competitive auction-like process the broker employed has resulted in the “optimal structure at the lowest price.”

The two US Coastal named insurance companies administered by Cabrillo Coastal General Insurance Agency continue to target $100 million in named storm reinsurance from its Chartwell Re Ltd. (Series 2026-1) issuance, but both insurers are aiming to capitalise on investor appetite and have lowered the price guidance for the notes, Artemis has learned.

The Travelers Companies, the US property & casualty insurance giant, has now successfully priced what will be its largest catastrophe bond sponsorship ever, securing $750 million of multi-peril reinsurance protection from the new Long Point Re IV Ltd. (Series 2026-1) issuance, Artemis can report.

Listings of catastrophe bonds and other insurance-linked securities (ILS) soared in the first-quarter of 2026 for the Bermuda Stock Exchange (BSX) and it further grew its market share, as total cat bond and ILS listings on the BSX reached over $68.5 billion.