reinsurance

Private catastrophe bond issuance in 2025 has now surpassed the full-year total from 2024, as three new series of notes issued by the Eclipse Re Ltd. transformer vehicle have come to light and taken this year’s figure to over $465 million.

In the property catastrophe reinsurance segment, German reinsurer Hannover Re is anticipating that competition will intensify further if the market only experiences losses that fall largely with their natural catastrophe budgets.

Hong Kong-headquartered reinsurer Peak Re is expanding its third-party capital offerings as interest in insurance-linked securities (ILS) continues to gain momentum in Hong Kong, according to the company’s Head of Third-Party Capital, Iain Reynolds.

Seasonal spread tightening effects accelerated in August 2025 driving the overall yield of the catastrophe bond market down approximately 0.60% in the month to 10.22%, as the insurance risk spread, or discount margin, compressed due to the hurricane season.

Urs Baertschi, CEO of P&C Reinsurance at Swiss Re, today emphasised that the company’s third-party capital markets focused Alternative Capital Partners (ACP) division remains an important part of the services and capabilities offered to its clients, while also saying that when it comes to the reinsurance sector’s capital pools, it’s not a case of “either […]

German reinsurer Deutsche Rückversicherung AG (Deutsche Rück) is exploring potential risk absorbers and additional vehicles, while also keeping an open mind towards alternative capital instruments, according to Chief Executive Officer (CEO) Achim Bosch.

Having begun the process to establish a Bermuda based insurance-linked securities (ILS) platform named Hannover Re Capital Partners, global reinsurance firm Hannover Re is having “very positive” investor conversations so far, Executive Board Member Silke Sehm said today in Monte Carlo.

Jean-Jacques Henchoz, Chairman of the Board of BMS Group and former CEO of Hannover Re, gave an impassioned plea for the reinsurance industry today to make inroads into narrowing protection gaps, seeing innovation, technology and a culture of experimentation as key, while the capital markets are a vital tool to achieve this.

While the property catastrophe reinsurance market entered into a phase of measured softening in the first half of 2025, Klaus Sapelza, CUO of Lumen Re has highlighted how this is not a full pricing reversal, while also stating that maintaining strict selectivity in risks underwritten remains critical in the current environment.

Yesterday in Monte Carlo, Munich Re board member Stefan Golling told a media briefing that alternative reinsurance capital and the catastrophe bond market in particular, are not helping to narrow the insurance protection gap, while highlighting the reinsurers’ independence from third-party capital.