ILS funds news, insurance linked securities or ILS fund news

RenaissanceRe’s third-party capital and insurance-linked securities management unit Capital Partners is considered an “important source of resilience” for the company and a key differentiator, especially for clients that “value, scale, reliability and flexibility,” according to CEO Kevin O’Donnell.

For global re/insurance group Everest, the Mt. Logan Re third-party capital vehicle continues to build momentum throughout 2026, with its assets under management surpassing $2.6 billion, and according to Everest’s President and CEO, Jim Williamson, the vehicle continues to play an increasingly important role in the company’s capital model.

Nephila Capital’s insurance-linked securities (ILS) fund management revenues reported within parent Markel’s results rose by an impressive 59% year-on-year, to reach $40.5 million in the first-quarter of 2026.

RenaissanceRe reported a 209% increase in fee income earned from its range of reinsurance joint venture vehicles and insurance-linked securities structures in the first-quarter, while investors benefitted from meaningful income and opted to take profits after the strong performance of these strategies.

Eaton Vance, part of Morgan Stanley Investment Management, has benefitted from the strong return environment in insurance-linked securities and reinsurance sidecar investments, with its allocations seemingly all accruing positive value.

Howden Capital Markets & Advisory (HCMA), the capital markets and insurance-linked securities (ILS) specialist unit of broking group Howden, has launched a German entity in response to growing demand from European insurers and reinsurers for capital markets solutions and strategic transactions.

Stone Ridge Asset Management, the New York based alternative risk premia focused investment manager, has reported assets under management across its mutual catastrophe bond, insurance-linked securities and reinsurance fund strategies nearing $6.5 billion, now at their highest levels since late 2018.

Catastrophe bond funds in the UCITS format continued to expand their combined assets under management (AUM) through the first-quarter, surpassing the milestone $20 billion in February before declining slightly to just under $19.8 billion by the end of March 2026.

The Victory Pioneer CAT Bond Fund is approaching a new milestone of $2 billion in assets under management, while the combined AUM of the dedicated mutual and institutional insurance-linked securities (ILS) funds managed by the Pioneer Investments team is now over $5.2 billion.

UCITS catastrophe bond funds returned 0.35% on average through the period of February 27th to March 27th 2026, which has lifted their year-to-date performance to 1.35%, according to new data from the Plenum CAT Bond UCITS Fund Indices.