reinsurance

Global P&C insurer AmTrust Financial Services has now secured its latest catastrophe bond, at the 50% upsized top-end target size to source $150 million of northeast US named storm reinsurance protection from the capital markets with its new Solis Re Ltd. (Series 2025-1) issuance, at a spread fixed at the low-end of guidance.

UBS Asset Management currently sees a little more value in collateralized reinsurance than in catastrophe bonds, while in recent months it benefited from positive revisions to wildfire loss reserves at an ILS manager it allocates to.

Mercury General Corporation, the California headquartered insurer, has entered the 144A catastrophe bond market for the first time, seeking $100 million or more in reinsurance from the capital markets with a Luca Re Ltd. (Series 2025-1) issuance that will cover it for wildfire and fire-following earthquake losses in its home state, Artemis has learned.

In a rapidly evolving re/insurance landscape, Vantage Risk is positioning itself at the forefront of innovation and adaptability, particularly in the insurance-linked securities (ILS) space.

Catastrophe data aggregator PERILS has lowered its estimated insured losses from Cyclone Alfred to AU $2.250 billion, down 12% from the initial loss estimate of AU $2.568 billion issued in April 2025, six weeks after the event.

Hudson Structured Capital Management’s (HSCM) Rachel Bardon has been appointed to the newly-created role of Chief Underwriting Officer (CUO) at Compre, the Bermuda-domiciled international specialty reinsurance group, effective September 1st, 2025.

With property catastrophe reinsurance pricing having now softened from its recent hard market highs, there is an expectation that ceding companies and buyers will look to take the opportunity to secure more protection lower down in the working layers of their reinsurance towers, analysts at Jefferies have stated.

Ledger Investing, the insurance technology (insurtech) and insurance-linked securities (ILS) focused company, has announced the appointment of John Kulik as Senior Reinsurance Actuary on its Broker Team.

Property Claim Services (PCS), the unit of Verisk that is a provider of industry loss estimates and loss data to the reinsurance and ILS industry globally, has hired Harry White as its new Head of Commercial Strategy, while also naming Ted Gregory as its new Head of Research and Operations.

European insurers are increasingly revisiting aggregate catastrophe cover to protect against high-frequency events, with alternative capital providers showing greater interest in supporting these structures, according to Hamish Dowlen, Managing Director and Head of EMEA at Gallagher Re.