Insurance-linked investments

Ascot Group, the specialist global re/insurance underwriter, has now confirmed the earlier news on the launch of a new casualty reinsurance sidecar partnership, with the Wayfare Re vehicle expected to be capitalised by equity investments from Antares Capital and Ascot, at a transaction size of approximately $500 million.

Everest Group, the global insurance and reinsurance specialist, acknowledged rising competition across reinsurance, but its CEO Jim Williamson highlighted that pricing on its mid-year renewal portfolio was roughly flat, with preferential rates and terms achieved, while he sees the property catastrophe market as still disciplined and the market as still “very hard”.

According to report from the Wall Street Journal, Ascot Group, the specialist global re/insurance underwriter, is partnering with credit focused investor Antares Capital to launch a Bermuda based reinsurance sidecar vehicle named Wayfare Re, that the report suggests will have a casualty focus.

Nephila Capital, the insurance-linked securities (ILS) investment manager arm of Markel, has written 75% more in property catastrophe reinsurance premiums in the second-quarter of 2025, as the ILS manager continues to do more with less since its integration into the Markel business.

Japan Post Insurance has now agreed its planned $2 billion investment into a new reinsurance co-investment vehicle, or sidecar, to gain access to the strategic returns from business activity of KKR’s U.S. life, retirement and annuities insurance and reinsurance company, Global Atlantic Financial Group.

The Early Bird rate for our upcoming catastrophe bond and insurance-linked securities (ILS) conference, Artemis London 2025 expires at the end of this month, so register today to secure a ticket at the best possible price.

SageSure, the specialist catastrophe-exposed property managing general underwriter (MGU), has sponsored its debut reinsurance sidecar transaction under Seawall Re Ltd., securing $50 million of third-party retro support from investors for its captive reinsurance vehicle Anchor Re.

Jens Ziser, Managing Director, Treaty Reinsurance at Ecclesia Re, the reinsurance broker of Ecclesia Group, has expressed his belief that insurance-linked securities (ILS) pertaining to casualty risks will play a vital role in the capacity strategy of the future.

Two new companies have been registered in Bermuda that use the name Radix Re, Artemis has learned, a non-life underwriting entity and a holding company structure. We suspect these entities may be for Radix Insurance Linked Strategies (Radix ILS), the Bermuda-based third-party capital manager and reinsurance capacity deployment company.

Broking giant Aon has reported that its organic revenue generated from insurance-linked securities (ILS) placements grew by double-digits in the second-quarter of 2025.