ILS funds news, insurance linked securities or ILS fund news

Nephila Capital, the insurance-linked securities (ILS) investment manager arm of Markel, has written 75% more in property catastrophe reinsurance premiums in the second-quarter of 2025, as the ILS manager continues to do more with less since its integration into the Markel business.

The Early Bird rate for our upcoming catastrophe bond and insurance-linked securities (ILS) conference, Artemis London 2025 expires at the end of this month, so register today to secure a ticket at the best possible price.

The executive leadership of Bermuda headquartered reinsurer RenaissanceRe have explained during an earnings call that the company has already recaptured most of the third-party reinsurance capital management fee income that had been deferred after the California wildfire loss activity experienced earlier in 2025.

Today it is our pleasure to reveal another wave of expert speakers set to appear at our upcoming catastrophe bond and insurance-linked securities (ILS) conference, Artemis London 2025. Held in London on September 2nd, the event will feature a full-day of in-depth discussion about the ILS market and valuable networking. Register to attend here.

Speaking during a second-quarter earnings call today, Kevin O’Donnell, CEO of Bermuda based underwriter and third-party reinsurance capital manager RenaissanceRe, said that he doesn’t see issues with capital wanting to enter the sector regardless of return.

Catastrophe bond funds structured in the UCITS format continued to rapidly expand through the second-quarter of 2025, with the sector as a whole having grown its combined cat bond assets under management by an impressive 24%, or over $3.31 billion, just since the end of last year.

RenaissanceRe, the Bermuda headquartered reinsurance company and third-party capital manager, has reported that its Capital Partners business generated record fee income from its range of joint ventures and insurance-linked securities (ILS) funds in the second-quarter of 2025, while profits shared with investors in the vehicles also rose to one of its highest levels ever.

Eaton Vance, part of Morgan Stanley Investment Management, has added to two of the insurance-linked securities (ILS) allocations it makes within its mutual fund range, with an upsized commitment to the Swiss Re Core Nat Cat Fund and a fresh investment into Munich Re’s sidecar vehicle Eden Re II made for 2025.

Alternative risk and reinsurance capital sources are playing a growing role in helping US managing general agents (MGA) grow their businesses, while also being present in their underwriting specialties and a new report from Conning says 51% of MGAs saw ILS funds providing capacity in their markets.

Franklin Templeton Investment Solutions, the more hedge fund focused part of the global asset manager, has maintained its strongly overweight conviction on the catastrophe bond asset class, finding their returns still appealing for investors despite generally lower yields than two years ago.