Insurance linked securities news, ILS news

RenaissanceRe’s third-party capital and insurance-linked securities management unit Capital Partners generated just over $83 million of fee income for the company in the second-quarter of 2026, while the reinsurer exhibited disciplined cycle management by underwriting fewer premiums and buying more retrocession in the period.

As the global financial services sector is currently undergoing a transitional shift which sees stablecoins moving from niche instruments into a key system of institutional finance, the Bermuda Monetary Authority (BMA) has outlined how the island’s insurance-linked securities (ILS) sector is well placed to benefit from this form of cryptocurrency.

As the buildout of AI and digital infrastructure continues to expand across the re/insurance industry, driving insurance-linked securities (ILS) into this emerging sector relies heavily on key structural advancements, including the development of standardised parametric triggers and portfolio aggregation mechanisms, according to Michael Moloney of Oliver Wyman.

Insurance-linked securities and reinsurance sidecar investments made by Eaton Vance through three of its mutual funds have risen significantly in the last half-year, increasing by more than 126% to reach almost $680 million by April 30th, with brand new allocations made to structures linked to Arch Capital, PartnerRe and QBE, as well as to one […]

Artex Axcell Re, the Bermuda domiciled Artex Risk Solutions operated risk transformer entity, has issued another new private catastrophe bond transaction, with $60 million of Artex Axcell Re (Series FE0004) notes coming to market.

GC Securities, the investment banking and capital markets arm of reinsurance broker Guy Carpenter, worked on 20 catastrophe bonds in the first-half of 2026, totalling $5 billion of limit, a record for the broker, according to CEO Dean Klisura.

The global insurance and reinsurance market may be seeing improved profitability and premium growth, but global consultancy Bain & Company believes gains are “largely cyclical and mask unresolved challenges” while the future winners are expected to be those that lower the cost of risk and expand access to coverage.

Hannover Re’s Bermuda-domiciled transformer vehicle Kaith Re Ltd. has issued another private catastrophe bond under its Seaside Re program, with a $14.94 million Seaside Re (Series 2026-61) deal that we expect will be exposed to US property catastrophe risks and provide reinsurance or retrocession for an unknown sponsor.

Franklin Templeton Investment Solutions, the hedge fund-focused arm of the global asset manager, has updated its stance on catastrophe bonds from ‘overweight’ to ‘strongly overweight’ for Q3 2026, citing the asset class’s attractiveness, while its stance on other ILS remains unchanged at ‘neutral’

The Canadian financial markets regulator, the Office of the Superintendent of Financial Institutions (OSFI), has now added natural catastrophe bonds to its rules on allowable forms of reinsurance that can reduce capital requirements for insurance risk.