reinsurance

Kin Insurance’s sponsorship of its fourth and largest catastrophe bond, the $335 million Hestia Re Ltd. (Series 2026-1) issuance, reinforces the company’s commitment to protecting policyholders for years to come, Chief Insurance Officer Angel Conlin has said today.

White Mountains reported that the Outrigger Re collateralized reinsurance sidecar, which supports its P&C insurance and reinsurance subsidiary Ark, continued to deliver positive income through the first-quarter of 2026, as even without having made a fresh sidecar investment for this year, benefits still flow for the company.

AkinovA, the technology-led re/insurance platform focused on expanding access to underwriting capital for large corporate risks, including via capital markets participation, has appointed Matthew Gilpin as Group Chief Operating Officer (COO).

Fuse International, an AI-powered commercial insurance intelligence platform, has announced the global expansion of Watch, a live peril dashboard designed to streamline risk management by consolidating global catastrophe data into a single workspace.

US primary insurer Allstate has returned to the catastrophe bond market with its typical May sponsorship of a cat bond to provide it with multi-peril Florida collateralized reinsurance protection, initially targeting a $200 million or greater Sanders Re III Ltd. (Series 2026-2) issuance, Artemis understands.

People’s Trust Insurance Company, the Florida homeowners specialist insurer, is now targeting mid-guidance pricing for the $100 million of named storm reinsurance it aims to secure from the capital markets through its debut GWS Re Limited (Series 2026-1) catastrophe bond issuance, Artemis can report.

Global reinsurer SCOR has reported starting the year with higher net income and return on equity, while the company continues to prune in certain liability classes, but maintains its stance on price adequacy in property catastrophe risks by growing into what it acknowledges is a competitive marketplace.

Recent reforms made by Prudential Regulation Authority (PRA) to increase the UK’s share of the global insurance-linked securities (ILS) market, has led to belief that the UK regime offers a highly competitive platform that compares well with other alternative jurisdictions across the globe, Pool Re CEO Tom Clementi told Artemis.

The California Earthquake Authority (CEA) is back in the catastrophe bond market to sponsor its first issuance of this year, with an initial target to secure $300 million of fully-collateralized earthquake reinsurance from this new Sutter Re Ltd. (Series 2026-1) issuance, Artemis can report.

Berkshire Hathaway reduced its underwriting of property reinsurance in the first-quarter of the year and its CEO Greg Abel said during the firm’s annual meeting on Saturday that competition and capital is flowing into the industry, leading the company to be more cautious as it looks to sustain adequate underwriting returns on risks assumed.