Collateralized reinsurance news

A new report from S&P Global Ratings highlights a structural shift in the sidecar market, as casualty reinsurance sidecars have grown to account for approximately 10% of total sidecar capacity. Driven by a wave of recent high-profile launches these vehicles are attracting alternative capital by offering returns largely uncorrelated with broader financial markets.

Insurance-linked securities investment fund strategies, across catastrophe bonds and private ILS, delivered another positive month of performance in May 2026, averaging a return of 0.43%, according to the ILS Advisers Fund Index

As the sidecar market continues to expand, the traditional view of these vehicles as pure, non-correlated diversifiers is shifting. The growing adoption of casualty and multi-line exposures introduces long-tail dynamics that are inherently tied to broader macroeconomic factors like social and economic inflation. However, according to Kroll, for investors, this transition transforms the valuation process […]

The Victory Pioneer CAT Bond Fund has now surpassed the $2 billion in assets under management milestone, extending its AUM to $2.2 billion by June 30th 2026. The combined AUM across dedicated mutual and institutional insurance-linked securities (ILS) funds managed by the Pioneer Investments team has now grown to over $5.8 billion.

Stone Ridge Asset Management has grown assets under management across its mutual catastrophe bond, insurance-linked securities and reinsurance fund strategies by more than 8% in the last quarter of record, with additional AUM growth in the following weeks taking them to around $7 billion, a new all-time high.

The extent to whether catastrophe bonds have truly become a mainstream investment product was a key discussion point during Artemis’ 2026 Bermuda ILS Executive Roundtable, in which experts from across the ILS sector discussed whether rated bonds, pooled ILS offerings, and enhanced secondary liquidity are ready to unlock vast new sources of traditional capital.

The Monetary Authority of Singapore (MAS) has signalled that a long-awaited consultation on new laws to establish a Protected Cell Company (PCC) structure that could be used for collateralised reinsurance arrangements and efficient insurance-linked securities (ILS) issuance is coming soon.

Florida’s Citizens Property Insurance Corporation once again benefited from meaningful ILS manager and capital markets support for its traditional reinsurance needs in 2026, with these third-party capital investors taking 52% of the placement, while Nephila Capital was the largest single participant.

As our next catastrophe bond and insurance-linked securities (ILS) market conference Artemis London 2026 moves closer, we’re delighted to announce four more expert speakers. Join us in London on September 1st for a full-day of in-depth discussion about the ILS market and valuable networking, register to attend the conference here.

Florida’s Citizens Property Insurance Corporation has now finalised its reinsurance risk transfer tower of almost $2.82 billion for 2026, securing $691 million of traditional reinsurance at the June 1 renewals, to add to its $2.125 billion of outstanding catastrophe bond protection.