Insurance linked securities news, ILS news

A strong insurance-linked securities (ILS) manager is distinguished over a full market cycle by their ability to maintain discipline, limit drawdowns during severe events and ability to avoid reaching for yield late in the cycle, according to Francois Divet, Head of ILS Team at BNP Paribas Asset Management.

NJM Insurance has now successfully secured the upsized $250 million of northeast US named storm reinsurance from the capital markets with its new Lower Ferry Re Ltd. (Series 2026-1) issuance, with all three tranches of notes pricing below initial guidance, Artemis can report.

Euler ILS Partners, the specialist Swiss insurance-linked securities (ILS) investment manager, has appointed former senior Swiss Re executive and ILS specialist Martin Bisping to become the new Chairman of its Board of Directors.

Mercury General Corporation (Mercury Insurance), the California headquartered insurer, is now aiming to upsize its second 144A catastrophe bond sponsorship, with the target for fire reinsurance limit from the Luca Re Ltd. (Series 2026-1) issuance now having risen to between $125 million and $175 million, Artemis can report.

New Zealand’s Natural Hazards Commission Toka Tū Ake (NHC), formerly known as New Zealand’s Earthquake Commission (EQC), took advantage of attractive reinsurance buying conditions at its 2026 renewal to lift the top of its reinsurance tower by 20% to $12.3 billion.

After working with Gálapagos Capital SSPE on a recent R$126 million offering of Insurance Risk Letters (LRS), Avla Brazil CEO Felippe Astrachan has said that LRS opens a door that allows the company to explore different types of risks that are not traditionally covered by the insurance and reinsurance market, while also remaining optimistic about […]

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.

HCI Group, Inc., the insurance holding company, is tapping into the wave of interest in taking risk on-chain and issuing tokenized reinsurance securities as a way to access risk capital through a partnership with Oxbridge Re, that sees three tokens being offered to support risks held by its recently formed reinsurer Fortex Re.

The Colorado State University (CSU) tropical meteorology team has issued the first update to its seasonal forecast for the 2026 Atlantic hurricane season, now calling for slightly less activity in terms of named storms and hurricanes and giving reduced probabilities of landfall in key regions, citing the increased likelihood of a moderate to strong El […]

Today’s insurance-linked securities (ILS) market is significantly broader and more resilient than it was just several years ago. However, while the market is seeing growing interest in casualty, specialty, cyber, and hybrid structures, this evolution also means the ILS space is fundamentally more complex, according to Kathleen Faries, CEO of Artex Capital Solutions.