Aon expects more casualty reinsurance sidecar launches in 2025 and 2026
Broker Aon has said that interest in leveraging the reinsurance sidecar structure to support casualty exposures is continuing to build, with a number of new casualty reinsurance sidecars expected to launch later in 2025 and into 2026. Last year, Aon had said that it saw the reinsurance sidecar market as resurgent, read the full article →
Cedar Trace and Sage Advisory partner on ILS enhanced credit investment opportunities
Cedar Trace Group, the Bermuda based insurance, reinsurance and asset management specialist, has established a partnership with Austin, Texas based fixed income and alternative solutions manager Sage Advisory Services Ltd. Co., to deliver insurance-linked securities (ILS) enhanced credit opportunities to investors. Recall that, Cedar Trace is the new and recently adopted read the full article →
Reinsurance capital outstrips demand at mid-year renewals: Aon
Global reinsurance capital outpaced demand at the 2025 mid-year renewals, fostering a more competitive environment for buyers, according to Aon. The firm also estimated that insurance-linked securities (ILS) capital remained stable at $115 billion as of the end of the first quarter, underscoring the ongoing strength and resilience of alternative read the full article →
Private ILS fund returns strong again in May. Cat bond funds also positive: ILS Advisers
Across the insurance-linked securities (ILS) fund sector the month of May 2025 was a positive one, with the average across all private ILS and catastrophe bond funds tracked by the ILS Advisers Fund Index reaching a +0.79% return for the period. The ILS Advisers Fund Index tracks the performance of the read the full article →
PGGM / PFZW ILS portfolio gross return for 2024 was 25.2% unhedged
We've reported before that the giant insurance-linked securities (ILS) portfolio managed by PGGM, the Dutch pension fund investment manager, on behalf of its end-client Dutch pension PFZW, had delivered a 15.1% net of costs return for calendar year 2024, on a Euro hedged basis. That was impressive enough, for a significant read the full article →
Perren Capital Management hires former Nephila employee Susan Richardson as COO
Perren Capital Management Ltd., a Bermuda-based third-party capital reinsurance manager launched by Darren Redhead, has announced the hire of former Nephila Capital reinsurance controller Susan Richardson as the firm's first Chief Operating Officer (COO). Perren Capital Management was launched by Redhead towards the end of 2024 as his latest venture in read the full article →
Best of Artemis, week ending June 29th 2025
Here are the ten most popular news articles, week ending June 29th 2025, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish. Ten most read the full article →
Hurricane Erick insured losses expected to fall ‘well below’ Otis: AM Best
Estimated insured losses from Hurricane Erick, which struck Mexico’s Pacific coast last week, are expected to fall well bellow the US$1.97 billion insured losses from 2023’s Hurricane Otis, according to global ratings agency AM Best. In a new report, AM Best notes that losses from Erick are expected to be contained, read the full article →
Repeat of Hurricane Katrina today would cost insurers nearly $100bn: Swiss Re
According to an analysis from reinsurer Swiss Re, a repeat of 2005’s hurricane Katrina hitting in an identical manner using today’s exposure values and protective measures, could drive an insured loss close to $100 billion. A new report from Swiss Re explores whether the United States would be prepared today for read the full article →
ILS models need to reflect current climate conditions: Schroders
Underscoring the potential impacts of climate change across the insurance-linked securities (ILS) market, ILS specialists at global asset management group Schroders have suggested that ILS managers should recalibrate risk assessments to reflect the climate change that has already occurred, and not just long-term projections. In a recent commentary, authored by Mark read the full article →
