ILS funds news, insurance linked securities or ILS fund news

Everest Group, the global insurance and reinsurance specialist, benefited from a $35 million dividend payment from its Mt. Logan Re Ltd., third-party capitalised sidecar-like structure in 2025, while also earning $7 million of income from its investment into specific Mt. Logan Re cells.

While the insurance-linked securities (ILS) business at Hiscox Capital Partners has seen its headline assets under management (AUM) figure rise, this underplays the fact deployable ILS capital has risen more thanks to returns of older capital being outpaced by new flows, and Hiscox Group’s CEO believes the deployable total will keep growing.

Hiscox Capital Partners, the division of Hiscox Re that encompasses insurance-linked securities (ILS) investments and quota-share partnerships, lifted its ILS assets under management (AUM) to $1.5 billion at January 1st 2026, as $330 million of inflows over the last year served to increase deployable capital for the unit.

Plenum Investments, the Zurich based specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has reached a new milestone with more than US $2 billion of assets under management across its funds and strategies for the first time.

With the insurance-linked securities (ILS) sector continuing to expand, institutional investor appetite within the space has been resurgent. A new paper from consultancy firm bfinance acknowledges that manager selection within the market involves distinct challenges, with unique investment risks and notable operational complexity to consider.

Challenger Life, a large Australian life and retirement income underwriter and investor, has reported that its investments into insurance-linked securities (ILS), which are predominantly catastrophe bonds, beat their benchmark in the last six months of record for the firm.

The Florida State Board of Administration has further diversified its insurance-linked securities (ILS) allocations made on behalf of the Florida Retirement System Pension Plan, with $400 million invested across a quota share reinsurance strategy managed by Tangency Capital and a specialty lines opportunity managed by Nephila Capital.

This morning it has been announced that Nuveen, a US asset manager subsidiary of TIAA, is set to acquire Schroders for around £9.9 billion, creating a significant global group with around US $2.5 trillion of assets under management, but notably for our market with the Schroders brand to be retained.

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.

Catastrophe bond fund strategies in the UCITS format have started 2026 positively, delivering an average return of 0.53% for January, according to the Plenum CAT Bond UCITS Fund Indices.