Insurance linked securities news, ILS news

Euler ILS Partners, the specialist Swiss insurance-linked securities (ILS) investment manager, has hired experienced capital raising specialist Alexander Loosley to its Executive Board, as Head of Capital Formation and Strategic Initiatives.

Institutional investors are increasingly turning to catastrophe bonds and other insurance-linked securities (ILS) as a reliable source of yield, diversification, and macroeconomic resilience, according to Mariagiovanna Guatteri,  CEO of Swiss Re Insurance-Linked Investment Advisors Corporation (SRILIAC).

Insurance holding company Ambac Financial Group, Inc. saw its Cirratta insurance distribution division enter 2025 with more than $1.5 billion of third-party capacity, sourced from a range of reinsurance market participants and third-party investors.

Artemis has partnered with Computershare to host a live webinar on June 17th 2025, in which our industry expert speakers will discuss conditions in the catastrophe bond and insurance-linked securities (ILS) market at mid-year 2025.

The Inter-American Development Bank (IDB) has announced plans to support Latin American and Caribbean nations in issuing catastrophe bonds and swaps, as part of a broader initiative aimed at strengthening financial resilience against natural disasters.

Zenkyoren, the Japanese National Mutual Insurance Federation of Agricultural Cooperatives, has now secured the targeted $100 million in aggregate Japan earthquake reinsurance from its latest catastrophe bond, with the Nakama Re Pte. Ltd. (Series 2025-1) notes now priced near the low-end of initial guidance.

AP2, or Andra AP-fonden, a Swedish state pension fund that is one of the largest in Europe at SEK 459 billion under management, saw its insurance-linked securities (ILS) allocation rise in value to around US $1.1 billion by the end of 2024, with the ILS asset class exceeding its long-term return expectations last year.

Nephila Capital, the specialist insurance-linked securities (ILS) and reinsurance investment manager unit of Markel, has promoted Bermuda-based employee Mark Richardson to the position of Head of Underwriting.

The first catastrophe bond for the Texas FAIR Plan Association (TFPA) is now in the market, with the insurer of last resort targeting $200 million or more in multi-peril reinsurance from the capital markets with its debut Bluebonnet Re Ltd. (Series 2025-2) issuance.

The Texas Windstorm Insurance Association (TWIA), the residual market property insurer for the State of Texas, is back in the catastrophe bond market with a target to secure at least $375 million of capital markets backed reinsurance from a Bluebonnet Re Ltd. (Series 2025-1) issuance, Artemis can report.