reinsurance

Aon has called on insurance and reinsurance companies to optimise their capital stack and align it with their strategy, including through the use of alternative and ILS capital structures, in a market where an analytics-driven approach is critical to delivering efficiency, flexibility and returns.

Here are the ten most popular news articles, week ending September 14th 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.

In a recent report, rating agency AM Best points to the potential for expansion of the collateralized reinsurance and private insurance-linked securities (ILS) space, not least as catastrophe bond risk-adjusted spreads tighten this year.

Catastrophe data aggregator PERILS AG has lowered its insurance industry loss estimate for Cyclone Alfred to AU $1.922 billion, down 14% from its second loss estimate of AU $2.250 billion issued in June 2025, three months after the event.

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.

The outstanding market for collateralized reinsurance sidecar structures has accelerated its growth over the year to June 30th 2025, reaching a new record high of $17 billion at that time, representing around 70% expansion of this ILS market segment in just one year, an Aon Securities estimate shows.

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.

The insurance and reinsurance industry is facing historically high pressure to reinvent its business model in order to stay relevant, according to PwC, and as you might expect capital, how it’s managed and how it’s deployed, as well as its efficiency, is seen as a catalyst for growth.

We are told that global reinsurance company Swiss Re is now aiming to upsize its new Matterhorn Re Ltd. (Series 2025-3)  North America earthquake catastrophe bond by one-third to $100 million, while pricing has declined to the low-end of the revised ranges.