Reinsurance sidecars news

Ahead of the Singapore International Reinsurance Conference (SIRC), executives from Howden Re and Howden Capital Markets & Advisory (HCMA) emphasized that regional cedents should incorporate alternative capital into their broader toolkits to negotiate deeper partnerships and maximize optionality as reinsurers seek growth across Asia-Pacific (APAC).

BlackRock’s 15th annual survey of the global insurance industry found that insurance capital solutions have become a critical part of how insurers manage their businesses, highlighting that third-party capital partnerships can help allocate risk and capital more effectively, while preserving the capacity to compete, invest in growth, and meet policyholder obligations.

As the collateralized reinsurance sidecar market continues to expand, and momentum builds around the data centre build-out, Jarad Madea, Chief Executive Officer of Howden Capital Markets & Advisory (HCMA) told Artemis that those are key areas where HCMA sees future opportunities as the industry begins to head into 2027.

Symetra Life Insurance Company, a provider of life, retirement and employee benefit insurance products, has partnered with Teachers Insurance and Annuity Association of America (TIAA) to launch Mariner Re Ltd., a new Class E licensed reinsurer domiciled in Bermuda, that will initially act as a kind of life and annuity reinsurance sidecar for the company.

As casualty sidecars continue to gain traction, rating agency AM Best has highlighted that clear exit mechanics, high-quality collateral, and transparent risk transfer are critical to lowering tail risk capital charges for sponsors, warning that uncertain exit terms or weak collateral can leave cedents holding unexpected residual risk.

PICC Property and Casualty Company Limited has now reported that its new US $12 million issuance of insurance-linked securities under its Great Wall Re Limited special purpose insurer is actually a quota share reinsurance sidecar, the first in Hong Kong, designed to provide protection to its offshore wind power property insurance book on the Chinese […]

Casualty insurance-linked securities transactions are complex and require strong alignment, which makes finding strategic partners and understanding their motivations key, while at the same time given the complexity of arrangements such as casualty sidecars, realistic timelines are important, Philippe Trahan of Calidris Investment Partners said yesterday.

While the insurance-linked securities (ILS) market stands as foundational source of reinsurance capital and continues to expand across various products, regions and perils, ILS Bermuda has highlighted the island’s central role in driving the global sector forward.

The Bermuda Stock Exchange (BSX) has now listed in total 169 new catastrophe bond notes and insurance-linked securities structures in the first three-quarters of 2026, maintaining its global position as ILS listings leader and becoming home to the vast majority of listed ILS issuance so far this year.

Holdings in insurance-linked securities fund structures and reinsurance sidecars made by Eaton Vance through three of its mutual funds have risen in value to approximately $777 million over the last quarter of record, as the asset manager allocated more to its investment in the Swiss Re Core Nat Cat Fund and added a new allocation […]