Throes of soft reinsurance market still 2–3 years away: Peel Hunt
The specialty re/insurance market may be starting to soften, but the inflection point into a full soft market remains two to three years away, according to a new report from Peel Hunt. This conclusion follows a series of in-depth meetings the firm’s analysts held with insurance and reinsurance underwriting management teams read the full article →
Markel promotes Nikki-Lynn Marshall to Head of ILS
Markel, the global specialty insurer, has promoted Nikki-Lynn Marshall to the role of Head of insurance-linked securities (ILS), after just six months in her previous role with the firm. At this time, we aren't aware of any specific details that have been announced in regard to what Marshall’s responsibilities will be read the full article →
Mercury raises Luca Re cat bond target, now seeks up to $150m California fire protection
Mercury General Corporation, the California headquartered insurer, is aiming to upsize its debut 144A catastrophe bond market, raising the target to secure as much as $150 million in reinsurance from the Luca Re Ltd. (Series 2025-1) issuance to cover wildfire and fire-following earthquake losses in its home state, Artemis can read the full article →
ESMA conceptually takes view cat bonds may sit better under a new AIF wrapper framework
Regulator and supervisor the European Securities and Markets Authority (ESMA) has now published its awaited advice to the European Commission (EC) on its review of the UCITS Eligible Assets Directive (EAD), in which it says its conceptual view is that some alternative assets such as catastrophe bonds may sit better read the full article →
Descartes expands US flood coverage with new parametric insurance offering
Descartes Underwriting, the parametric risk transfer specialist, has announced the launch of a new fully customisable Flood-at-Location parametric flood insurance product for U.S. commercial customers. Backed by extensive research in flood modeling and advanced sensor systems, Descartes explained that its new offering upends the traditional approach to flood insurance, aiming to read the full article →
Ariel Re secures Titania Re 2025-1 cat bond with wildfire included at upsized $150m
Ariel Re, the Bermuda headquartered global reinsurer, has now secured the upsized $150 million of multi-peril retrocessional reinsurance protection from its fifth catastrophe bond, Titania Re Ltd. (Series 2025-1), Artemis can report. This latest cat bond from Ariel Re is the first time that the reinsurer has included wildfire risk as read the full article →
Florida Citizens exposure shrinks 43% in last year as depopulation accelerated
The CEO of Citizens Property Insurance Corporation has hailed the ongoing recovery of Florida's property insurance market, explaining that the insurers policy count now stands some 45% lower than its most recent peak and exposure down 43% in just one year, while market conditions suggest this trend will continue. Having peaked read the full article →
Grenada renews parametric insurance coverage with CCRIF for 2025/26
The Government of Grenada has renewed its annual parametric insurance coverage with the Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company (CCRIF SPC) for the 2025/2026 policy year, for a total cost of roughly US$1.828 million, plus applicable fees. This renewal provides the Caribbean country with protection against a range of read the full article →
Cat bonds stood firm as tariff tensions and volatility shook global markets: BCM
As global financial markets reacted to the recent and continuing U.S. tariff threats, as well as macroeconomic and geopolitical uncertainty, catastrophe bonds once again proved their worth as a source of calm in the storm, according to Brookmont Capital Management, manager of the Brookmont Catastrophic Bond ETF (ILS). While equities, corporate read the full article →
Aeolus partners with Cornell University to advance hurricane track modeling
Aeolus Capital Management Ltd., the specialist insurance-linked securities (ILS) and reinsurance investment manager, has announced a new research collaboration with Cornell University’s Department of Earth and Atmospheric Sciences, aimed at improving the modelling of hurricane tracks and assessing landfall risk with greater accuracy. The partnership will focus on a quantitative study read the full article →
