Insurance linked securities news, ILS news

RenaissanceRe’s key position in third-party capital management and property-catastrophe reinsurance has cemented its competitive edge, according to S&P Global Ratings, which has revised the outlook on the Bermuda-based reinsurer and its subsidiaries to positive from stable.

Amid a range of promotions, Hudson Structured Capital Management Ltd. (HSCM), the reinsurance, insurtech, insurance-linked securities (ILS) and transportation focused investment manager, has announced that Gokul Sudarsana has been promoted to become a Partner at the firm.

The Fidelis Partnership (TFP) a privately owned, Bermuda-domiciled managing general underwriter, has appointed reinsurance and insurance-linked securities (ILS) veteran Erik Manning from BMS Re as Head of Ceded Reinsurance.

Zenkyoren, the Japanese National Mutual Insurance Federation of Agricultural Cooperatives, continues to target $100 million or more in aggregate Japan earthquake reinsurance from its latest catastrophe bond, but we’re told the price guidance for the new Nakama Re Pte. Ltd. (Series 2025-1) issuance has now tightened towards the lower-end of initial guidance.

Hong Kong headquartered global reinsurance company Peak Re is back in the catastrophe bond market, with a target to secure $50 million or more in retrocession from this Black Kite Re Limited (Series 2025-1) issuance across a broader range of perils than its first cat bond covered.

Tangency Capital Ltd., an investment manager in the insurance-linked securities (ILS) space with a focus on reinsurance quota share instruments, has expanded its assets under management to $2.3 billion in 2025 and is seeing continued demand from its reinsurer counterparts, according to COO Dominik Hagedorn.

The two US Coastal named insurance companies administered by Cabrillo Coastal General Insurance Agency, are sponsoring their first 144A catastrophe bond, with a currently $310 million Chartwell Re Ltd. (Series 2025-1) issuance seeking named storm reinsurance coverage across their main states of operation, Artemis has learned.

As fear engulfs financial markets across the world in the wake of US tariff announcements and the resulting stock market declines, despite institutions like the Bank of England expressing concern about an awakening of the basis trade and some reports of hedge funds selling assets to pay margin calls, at this time sources say the […]

French reinsurer SCOR has cited the benefits of early issuance as being a key factor behind the successful placement of its latest catastrophe bond, saying this helped them access currently favourable market conditions with the recent $240 million Atlas Capital DAC (Series 2025-1).

Tropical Storm Risk (TSR) has released its April forecast update for the upcoming 2025 Atlantic hurricane season and lowered the number of named storms it calls for by one, but also provides its guidance for landfalling storms, saying that it forecasts there could be 2 hurricane landfalls in the United States this year.