Private insurance-linked securities news

With the Monetary Authority of Singapore (MAS) now having launched its awaited consultation on a Protect Cell Company (PCC) structure that will be suited to efficient insurance-linked securities issuance, collateralised reinsurance and sidecars, Regional Director George Ong of Aon has highlighted the opportunity this presents.

An awaited consultation process on the regulatory framework for a Protected Cell Company (PCC) structure that can be used for collateralised reinsurance arrangements, including sidecars, and efficient insurance-linked securities (ILS) issuance has now been launched by the Monetary Authority of Singapore (MAS).

The Monetary Authority of Singapore (MAS) has signalled that a long-awaited consultation on new laws to establish a Protected Cell Company (PCC) structure that could be used for collateralised reinsurance arrangements and efficient insurance-linked securities (ILS) issuance is coming soon.

A new private catastrophe bond has come to market via an Aon operated White Rock Insurance entity that we believe to be domiciled in Guernsey, with a $14.85 million tranche of Raptor Re 2026-1 notes privately placed with qualified investors.

CalPERS, the largest public pension fund in the United States, had previously disclosed investments in catastrophe bond and insurance-linked securities (ILS) fund strategies valued at $1.451 billion at the end of 2025, but new documents seen by Artemis show that the giant investor had further room to grow in the asset class.

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.

Paul Barker, Partner and Chief Investment Officer, Private ILS at alternative investment manager Elementum Advisors, LLC, explores how the specialist insurance-linked securities (ILS) manager positions itself within a competitive landscape, and how its approach has adapted amid an increasingly sophisticated investor base.

Hiscox Capital Partners, the division of Hiscox Re that encompasses insurance-linked securities (ILS) investments and quota-share partnerships, has won a US $1 billion mandate from giant Australian investor TCorp, which is the sovereign investment manager for the New South Wales (NSW) public sector, according to a report.

Our latest video features another panel discussion from Artemis ILS NYC 2026, a session focused on the expanding range of investment opportunities in the ILS asset class, from our tenth catastrophe bond and insurance-linked securities (ILS) conference in the ILS NYC series, held on February 6th 2026 in New York.

Twelve Securis, the specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has extended its long-standing collaboration with Bank J. Safra Sarasin to now include distribution across Italy and Spain.