Industry loss warranties news

Franklin Templeton Investment Solutions, the hedge fund-focused arm of the global asset manager, has moderated its stance on catastrophe bonds from ‘strongly overweight’ to ‘overweight’. Despite this shift, the manager maintains that the asset class remains attractive.

The Ambassador catastrophe bond focused US mutual fund strategy operated by Embassy Asset Management has grown its total insurance-linked securities (ILS) assets under management to more than US $700 million or the first time, while the strategy delivered an 11.61% return for the last year of record.

As per reinsurance broker Howden Re, industry loss warranties (ILWs) are expected to return to more normalised growth in 2026, as the January 1st reinsurance renewals showed rates falling by 10% to 20%.

As per broker Guy Carpenter’s 1/1 reinsurance renewals report, there was a notable rise in demand for property retrocession lines during the January renewals, with the company noting that ongoing growth in supply contributed to some price reductions and broader coverage.

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, while adopting a neutral stance on all other insurance-linked securities (ILS).

The Ambassador US mutual catastrophe bond fund strategy operated by Embassy Asset Management has continued to expand its total insurance-linked securities (ILS) assets under management, with further growth in the last quarter of record which has continued since, lifting the funds AUM to just over $607 million at this time.

Stefano Nicolini, a well-known specialist industry loss warranty (ILW) focused reinsurance broker, has joined Moody’s broker and insurance-linked securities (ILS) focus team as a Director of Sales, where he will be tasked with helping market participants utilise Moody’s catastrophe models and technology solutions.

Beazley’s Group Chief Underwriting Officer Paul Bantick explained this morning how the company has prepared itself to respond to the evolving cyber threat landscape, laying out the importance of its reinsurance and cyber insurance-linked securities (ILS) protection, while also providing an insight into its exposure to recent events.

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.

The Ambassador US mutual catastrophe bond fund strategy operated by Embassy Asset Management grew its total insurance-linked securities (ILS) assets under management by approximately 23% in the last quarter of record. Its cat bond holdings have continued to grow taking the fund’s AUM to $537 million by the end of June.