Monte Carlo Reinsurance Rendez-Vous news

The reinsurance market continues to provide attractive conditions for underwriting and Chris Parry, the Global Head of Capital Partners at RenaissanceRe told us the company expects this to provide ongoing opportunities for ILS investors, which will help the insurance-linked securities (ILS) sector to keep growing.

For institutional investors and allocators, when it comes to selecting an insurance-linked securities (ILS) manager the decision needs to be based on more than just performance, with a range of factors also critical to consider, according to Lorenzo Volpi, Deputy CEO of Leadenhall Capital Partners.

At the Monte Carlo Rendez-vous event there was little talk among reinsurance companies about pulling back on property catastrophe underwriting but there was an expectation of some more flexibility being given to cedents, equity analysts at Peel Hunt have reported.

Having recently launched its structured solutions product suite and enhanced whole account quota share capabilities, Anthony McKelvy, Co-Founder of collateralized reinsurance firm Northern Re spoke to Artemis at RVS in Monte Carlo to discuss how these offerings go beyond traditional quota share, transforming the way cedents access capital and engage with investors.

While 2025 has been quiet so far in the 144A cyber catastrophe bond market, interest in this risk class continues to rise and Brittany Baker, VP of Solution Consulting at CyberCube told us that investors are increasingly working the peril into their investment and fund mandates to be ready when the next issuance comes.

Speaking with Artemis at the Monte Carlo Rendez-vous event, Jarad Madea, Chief Executive Officer, Howden Capital Markets & Advisory explained that the insurance-linked securities (ILS) asset class is “still in a good spot” with attractive returns possible  for investors and a clear evolution in the market’s discipline.

After meeting with reinsurance industry executives in Monte Carlo at the Rendez-vous event this year, analysts at KBW have said the indicated range of expectations for property catastrophe reinsurance pricing at the January 2026 renewals is from flat to down 15%, with a desire to keep growing in the market seen as likely to drive […]

According to James Boyce, CEO of Global Specialties at Guy Carpenter, buyers of aggregate retrocession are beginning to see more favourable conditions, with capacity expanding, more reinsurers entering the market, and oversupply on the rise, all of which are trends that could translate into lower retentions and greater choice.

With P&C insurance premiums rising rapidly over the last two decade and an increasing proportion of the risk finding its way down the market chain to reinsurance and retrocessional sources of capital, Jérôme Jean Haegeli, Group Chief Economist at Swiss Re said the industry has experienced a renaissance.

After a challenging few years that began with the hurricane-heavy season of 2017, the insurance-linked securities (ILS) market has entered a sustained period of strong returns. The rebound is also reshaping recruitment trends, with rising demand being seen for talent in business development and analytics, according to 20Twenty Search’s Jason Sykes.