reinsurance

Inigo Insurance has returned to the catastrophe bond market to sponsor its fourth issuance, with a $100 million initial target for this Montoya Re Ltd. (Series 2025-1) deal, which is the first cat bond from Inigo to feature multiple tranches, one being a new subsequent event cover, Artemis has learned.

By the end of September this year, the amount of alternative capital in the reinsurance industry had increased by 5% over the nine-months of 2024, to reach another new high of $113 billion, helped by retained earnings and catastrophe bond market inflows, broker Aon has said.

Australian primary insurance group IAG has renewed its main catastrophe reinsurance tower to provide occurrence protection up to $10 billion, which is a reduction on the $10.5 billion tower purchased a year ago. But more notably, with a new volatility cover having been purchased last year the insurer has elected not to renew its aggregate […]

Equity analysts at UK investment bank Peel Hunt said they have factored in the potential for reinsurance rates to decline circa 35% over the next five years, explaining that it has factored a softening cycle into its outlook for the reinsurers it covers.

Having begun its Eden Re II Ltd. collateralized reinsurance sidecar placements with the largest Class A tranche of notes since 2019, global reinsurer Munich Re has now added the usual Class B issuance, but this tranche has been placed at just $85.5 million, which is the smallest size for that layer since right back in […]

Catastrophe bond fund strategies in the UCITS format have averaged a 13.62% return for full-year 2024, according to the latest data from the Plenum CAT Bond UCITS Fund Indices.

Property catastrophe reinsurance rates declined across the globe at the January 1st 2025 reinsurance renewals, with broker Guy Carpenter’s rate-on-line indices for the world, US, Europe and Asia Pacific all falling to start the new year.

TD Insurance, part of Canada’s TD Bank group, is now aiming to reduce the pricing for its debut MMIFS Re Ltd. (Series 2025-1) catastrophe bond deal, with the price guidance having fallen for the issuance that targets C$150 million in reinsurance from the capital markets for the company, Artemis can report.

Aetna, the health, medical and benefits insurance unit of CVS Health, is back in the insurance-linked securities (ILS) market and seeking what could become its largest issuance in the long-standing Vitality Re series, as the firm’s sixteenth transaction launches with a target for $250 million of reinsurance from a Vitality Re XVI Ltd (Series 2025) […]

Here are the ten most popular news articles, week ending January 5th 2025, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.