All of our news and analysis on the retrocessional reinsurance marketplace.
Retrocession is effectively reinsurance for reinsurers, so a tertiary layer of risk transfer away from the original risk, if you consider primary, reinsurance and then retrocession.
As reinsurance is insurance for insurers, retrocessional, or retro, protection is reinsurance for reinsurers.
The retrocession reinsurance market has increasingly come to depend on the capital markets and insurance-linked securities (ILS).
As of mid-year 2022, global retrocession capacity has been estimated to be as high as $60bn, around $20bn of which is indemnity based and the rest in other formats.
The alternative capital markets and ILS funds, or investors, play a significant role in global retrocession, as too do instruments such as catastrophe bonds and industry-loss warranties (ILW).
Munich Re, the reinsurance giant, said that it systematically opted not to renew certain business at the mid-year renewals particularly in property excess-of-loss, but the company forecasts favourable prices, as well as terms and conditions, can be “largely upheld” at the next significant renewal round, at January 1st 2027.
Read the full article
Today we are delighted to reveal the agenda outline, session topics and timings for our fast-approaching catastrophe bond and insurance-linked securities (ILS) market conference, Artemis London 2026. Join us on September 1st for a full-day of in-depth ILS market discussion and valuable networking. Register to attend the conference here.
Read the full article
Global reinsurance giant Swiss Re has reported this morning that the reinsurance renewal environment is challenging but said it is remaining disciplined. While premiums declined in natural catastrophe underwriting due to falling prices, the company cited broadly stable terms and conditions.
Read the full article
With less than a month to go until our next catastrophe bond and insurance-linked securities (ILS) market conference, we wanted to give you an idea of who you can meet if you register for Artemis London 2026. Join us on September 1st for a full-day of in-depth ILS market discussion and valuable networking. Register to […]
Read the full article
Insurance-linked securities investment fund strategies, across catastrophe bonds and private ILS, experienced their strongest month of returns this year so far in June 2026, averaging a return of 0.83%, according to the ILS Advisers Fund Index.
Read the full article
With just over one month until our next catastrophe bond and insurance-linked securities (ILS) market conference, tickets are selling fast and the Early Bird rate expires at the end of Friday this week. We have added four new expert speakers to the Artemis London 2026 website. Join us on September 1st for a full-day of […]
Read the full article
Global reinsurer SCOR said this morning it applied underwriting discipline at the “competitive” mid-year reinsurance renewals this year, growing in diversifying areas of the market, most notably in its alternative solutions business, while decreasing premiums written in non-cat US property lines, but remaining flat in US property catastrophe business.
Read the full article
Arch Capital Group, the Bermuda headquartered insurance and reinsurance specialist, has promoted insurance-linked securities and retrocession operations specialist Bryan Lynch to the role of Head of ILS Experience and Operations.
Read the full article
Conduit Re appears to have made further enhancements to its retrocession program around the mid-year as its North Atlantic hurricane probable maximum loss fell further and the company disclosed increased core retro limit, aggregate cover and protection against second and third events.
Read the full article
Our Early Bird ticket rate sold out faster than anticipated but we have added more and the rate still expires at the end of Friday this week. So there is still time to register for our next catastrophe bond and insurance-linked securities (ILS) market conference, Artemis London 2026, at the best possible price. Register to […]
Read the full article
