Insurance linked securities news, ILS news

Despite the softening of the reinsurance market seen at the January renewals, 2026 is still expected to be among the more profitable years in reinsurance, as still higher attachment points and improved portfolio quality will support returns, according to Euler ILS Partners, the Swiss specialist insurance-linked securities investment manager.

With global reinsurance firm Hannover Re now having licensed its new insurance-linked securities (ILS) operation Hannover Re Capital Partners (HCP) in Bermuda, the company has revealed that Bermuda P&C leader Michael Eberhardt takes on the CEO position while Head of ILS Patrick Horstmann is a Director of the new unit.

Despite the significant Los Angeles wildfire losses at the start of 2025, reinsurance pricing at the January 1, 2026, renewals came in softer than anticipated just months ago. According to Moody’s Ratings, the combination of those losses failing to provide price support and a benign Atlantic hurricane season led to a more pronounced softening in […]

Signal Iduna Reinsurance Ltd. (SI Re), the Swiss based reinsurance company that invests in insurance-linked securities (ILS) for their diversification and return effects, expanded its ILS investments which include catastrophe bonds during the last year to US $111.5 million.

Coming off a substantial year for the catastrophe bond market, Aon Securities, the capital markets and insurance-linked securities division of the insurance and reinsurance broker, reported that its Catastrophe Bond Total Return Index generated a return of 11.6% for 2025.

The ongoing winter storm event and freezing temperatures that are affecting tens of millions of people across the United States have the potential to contribute to the gradual erosion of aggregate limits in certain catastrophe bonds, investment manager Twelve Securis has highlighted.

We understand that the price guidance has been lowered slightly for the new Veraison Re Ltd. (Series 2026-1) catastrophe bond issuance, while the target remains $350 million in fully-collateralized US earthquake reinsurance protection for the ceding insurer GeoVera entities.

Recent developments in the reinsurance and ILS sector are enabling a surge of investor interest in longer-tailed risks, such as casualty lines, due to notable advances in risk management technology and innovation, according to Aditya Dutt, President of Aeolus Capital Management.

Leadenhall Capital Partners, the London headquartered specialist insurance linked securities (ILS) and reinsurance related investments manager, has experienced particularly strong inflows of new capital across all its ILS fund strategies, growing its assets under management (AUM) to $5.72 billion by the end of 2025.

Speaking last week in Mumbai, India at the 2026 IFSCA-IRDAI Global Reinsurance Summit, Shri K. Rajaraman, chairman, IFSCA, highlighted how the regulator is working on a framework that would enable re/insurers to set up reinsurance sidecars in a special purpose insurance (SPI) framework, and standardise parametric solutions to attract global institutional capital.