News and articles about Industry loss warranty (ILW) contracts. Industry loss warranty contracts are typically a fully-collateralised reinsurance transaction, often known as simply an ILW.
Industry loss warranty contracts provide mainly retrocessional reinsurance protection, on an industry-loss trigger basis and can be structured as a derivative or swap, or a traditional reinsurance arrangement.
Industry loss warranties (ILW’s) are popular hedging tools for global reinsurance firms, enabling them to hedge their broad industry exposure to major catastrophe losses using a contract that pays out based on the industry-wide loss experience from an event.
Interactive Brokers’ ForecastEx platform has partnered with Reask, the catastrophe modelling and climate analytics specialist, which will see Reask supply settlement data for its live hurricane contracts, enabling capital providers to enter and exit live catastrophe exposure in real time.
Read the full article
The Ambassador US mutual fund strategy operated by Embassy Asset Management, that allocates its capital to catastrophe bonds and private insurance-linked securities (ILS) that we believe to be largely ILW’s, has reached a new milestone with its net assets under management practically at $1 billion.
Read the full article
Members Capital Management Limited (MembersCap) executives told us the company has recently launched its first catastrophe bond fund strategy to expand its offering to clients, while also disclosing that it was the investor behind a recent innovative industry-loss warranty (ILW) transaction.
Read the full article
In a reinsurance and retrocession market environment where prices have softened considerably but underwriters can still find attractive returns, broker Howden Re urges cedents to ensure their resilience by looking across the full-range of capital solutions and forms, to maintain flexibility and optionality through cycles.
Read the full article
Verisk, a data analytics and technology provider to the global insurance, reinsurance and insurance-linked securities (ILS) industry, has announced the promotion of Harry White to lead its Property Claim Services (PCS) unit.
Read the full article
Reinsurance broker Lockton Re has successfully executed what the firm believes is the first industry-loss warranty (ILW) that combines property catastrophe and cyber risk triggers within a single limit structure for a protection buying client.
Read the full article
Demand for industry-loss warranty (ILW) protection saw progressive momentum throughout Q2 2026, culminating in a peak during the mid-year reinsurance renewals. At the same time, after a record opening half to the year, catastrophe bond activity is expected to be very active in Q4, a new commentary from SCOR Investment Partners has highlighted.
Read the full article
The Ambassador US mutual fund strategy operated by Embassy Asset Management that allocates to catastrophe bonds and private insurance-linked securities (ILS) that we believe to be largely ILW’s, has grown its assets under management further to reach almost $900 million as of this week.
Read the full article
Gallagher Re’s new Arthur Re Ltd. platform adds another dimension to the reinsurance broker’s global retrocession offering, and according to Jason Bolding, Global CEO of Gallagher Securities, the platform allows the firm to bring clients more flexible capital solutions while streamlining the issuance process for index-based catastrophe bonds.
Read the full article
The City National Rochdale Select Strategies Fund delivered a net return of 11.27% for the year ended January 31st 2026 and its investment adviser said demand for industry-loss warranty (ILW) protection has been elevated, leading it to expect promising opportunities for 2026 portfolio construction.
Read the full article
