retro

Gallagher Re’s new Arthur Re Ltd. platform for index-trigger catastrophe bond transactions demonstrated how it can deliver on efficiency and speed to market with the recent $150 million Arthur Re Ltd. – Quercian Re 2026-1 issuance for first-time cat bond sponsor Oak Global, executives have said.

With Oak Global successfully securing its debut catastrophe bond, the $150 million Arthur Re Ltd. – Quercian Re 2026-1 issuance, executives from the firm have highlighted how it marks an important moment in the development of the company and demonstrates its ability to access new forms of capital.

A recent series of stress tests conducted by S&P Global Ratings on a number of different insurers and reinsurers, to see how they would withstand a 1-in-250-year catastrophe event has showcased the importance that both reinsurance and retrocession bring towards managing catastrophe risks.

Oak Global, the specialist Lloyd’s underwriting company, has successfully priced its debut catastrophe bond sponsorship, securing a 100% upsized $150 million of retrocessional protection from the capital markets from its Arthur Re Ltd. – Quercian Re 2026-1 cat bond issuance, while the notes priced below initial guidance, Artemis has learned.

Aon, the global insurance and reinsurance broking group, has announced that it has appointed both Jimmy Mitchell and Adam Rimmer as brokers within the firm’s Global ReSpecialty team, effective immediately.

Global reinsurer Swiss Re has now secured $250 million of US named storm per-occurrence based retrocessional protection through its Matterhorn Re Ltd. (Series 2026-2) catastrophe bond transaction, while the spreads settled at the low-end of reduced guidance, Artemis has learned.

As the insurance-linked securities (ILS) market continues to expand, Augment Risk is positioning parametric triggers not merely as a peripheral alternative, but as a central, diversifying asset class defined by its structural independence from traditional indemnity-based retrocession, a shift the firm believes is fundamental to unlocking the next phase of third-party capital allocation.

At the January reinsurance renewals SCOR grew its North America catastrophe risk book, seeing pricing as still attractive and also expecting other opportunities to deploy more capacity there this year, while the reinsurer also expanded its Risk Partnerships business where third-party capital partners participate.

Bermuda-based insurance and reinsurance firm Lancashire Insurance Holdings is very pleased with the outcome of its outwards reinsurance at the January 1, 2026 renewals, with the firm’s Chief Underwriting Officer (CUO) Paul Gregory particularly highlighting a strategic reduction in the firm’s aggregate attachment point.

UK government backed mutual terrorism reinsurance firm Pool Re has completed the placement of its 2026 retrocession placement, securing £2.75 billion of aggregate excess of loss cover, which also includes new cover for non-damage business interruption (NDBI).