Insurance linked securities news, ILS news

The overall catastrophe bond market yield or coupon available to investors continued to rise through May, as expected seasonal spread widening lifted total returns to 9.42% by May 29th. But this remains ~14% behind the level seen a year earlier due to softer pricing across reinsurance and cat bonds, the latest data from Plenum Investments […]

As alternative capital continues to grow, it’s currently estimated share of 20% of the global re/insurance industry is largely an underestimation, according to Guy Carpenter’s Laurent Rousseau, who argues that current market conditions would suggest that it will increase further before it stabilises or shrinks.

With Mangrove Property Insurance recently securing its debut catastrophe bond transaction, the $111 million Buttonwood Re Ltd. (Series 2026-1) issuance, Stephen Weinstein, Chief Executive Officer and Founder of the firm has highlighted how the inaugural catastrophe bond represents “an important milestone” for the company.

Netherlands headquartered European insurance group Achmea is back in the catastrophe bond market again, looking to secure at least €75 million in collateralized European windstorm reinsurance protection from the capital markets with a Windmill III Re DAC (2026-1) issuance, Artemis can report.

The target investment allocation range for the Mt. Logan Capital Management, Ltd. quota share structure named Scenery Re has been increased for the insurance-linked securities (ILS) portfolio managed by PGGM, the Dutch pension fund investment manager, on behalf of its end-client pension PFZW.

Howden Capital Markets & Advisory (HCMA), the insurance and reinsurance broker’s investment banking and insurance-linked securities (ILS) specialist unit, has announced the hire of Adil Imani from Verisk, who joins as an ILS focused Vice President.

American Integrity Insurance Company has renewed a solid $409.1 million increase in reinsurance limit this year, helped by its latest catastrophe bond transaction, resulting in a reinsurance tower that now extends to $2.99 billion.

Verisk, the data analytics and technology provider, has announced a major update to its Tropical Cyclone Model for the United States, delivered through its new cloud-native Synergy Studio platform, providing a more realistic assessment of individual risk and portfolio exposure across insurance, reinsurance, and capital markets.

Another new Japanese denominated private catastrophe bond arrangement has been issued by Artex Axcell Re, the Bermuda based Artex Risk Solutions operated transformer entity, with the roughly US $3.8 million Artex Axcell Re (Series FE0005) transaction potentially another renewal of a recently matured private cat bond deal.

Insurance-linked securities investment fund strategies, across catastrophe bonds and private ILS, delivered an average return of 0.53% for the month of April 2026, according to the ILS Advisers Fund Index which saw all tracked strategies reporting so far as positive for the month.