Collateralized reinsurance news

Vantage Risk’s third-party reinsurance capital and investments platform has again delivered higher fee income to the benefit of its now owner, Bill Ackman linked Howard Hughes Holdings, with $13 million of fee income generated by its insurance-linked securities style partnerships with investors in Q3 2026 and $15 million of total net income from the ILS […]

W. R. Berkley Corporation, the US-headquartered insurance holding firm, has continued to make greater use of its Lifson Re collateralized reinsurance sidecar structure, with written premiums ceded to the sidecar now up year-on-year at $406 million for the first nine months of 2026.

AXIS Capital, the global specialty insurance and reinsurance underwriter, has seen the fee income it earns through third-party strategic capital partner arrangements continue to rise in the third-quarter of 2026, with insurance-linked securities, quota share and the new Capacity Solutions division all contributing.

Ahead of the Singapore International Reinsurance Conference (SIRC), executives from Howden Re and Howden Capital Markets & Advisory (HCMA) emphasized that regional cedents should incorporate alternative capital into their broader toolkits to negotiate deeper partnerships and maximize optionality as reinsurers seek growth across Asia-Pacific (APAC).

Nephila Capital, the specialist ILS manager, delivered high revenues and profitability during the third-quarter of 2026 for parent company Markel Group’s financial segment, signifying another step forward in a multi-year effort to develop innovative risk transfer solutions that match investor demand, according to Andrew Crowley, Co-President of Markel Group.

Insurance-linked securities investment fund strategies, across catastrophe bonds and private ILS, delivered another strong month of returns in September 2026 with their upward momentum continuing, as the average ILS fund performance reached 1.55%, the latest data from the ILS Advisers Fund Index shows.

Nephila Capital’s insurance-linked securities (ILS) fund management business continues to deliver in 2026, as revenues reported within parent Markel’s quarterly results showed yet another increase of nearly 40% to $42.2 million for the third-quarter, even as the soft reinsurance market becomes increasingly evident in the volume of premiums fronted to Nephila’s reinsurers.

Hannover Re has continued to expand its collateralised fronting business this year, growing it 10% so far in 2026 according to executives from the company. While we’ve also learned that under its Hannover Re Capital Partners unit two insurance-linked securities fund strategies are planned for launch.

HCI Group, Inc., the insurance holding company, has confirmed that only one of its three reinsurance towers has been impacted after receiving claims from Hurricane Isaias, while the company also expects one of its tokenized reinsurance securities to be affected by losses from the storm too.

Speaking earlier today during Hannover Re’s Baden-Baden media briefing, Patrick Horstmann Managing Director, and Head of insurance-linked securities (ILS) at the firm, emphasised that the German reinsurer sees ILS capital as a sustainable addition to the global reinsurance market and a key area of growth for the company.