Alternative capital forecast for 12%+ growth to $120bn in 2025: Guy Carpenter & AM Best
Third-party capital deployed in reinsurance through insurance-linked securities and other alternative structures is now forecast to have grown over 12% during the course of 2025 to a record $120 billion, as broker Guy Carpenter and AM Best lift their projection from the 7% expansion anticipated earlier this year. Back in August, read the full article →
Alt IMs shift into Lloyd’s and US sidecars sparks credit & liquidity risks: Fitch
As per a recent commentary from Fitch Ratings, alternative investment managers’ (Alt IMs) recent expansion into Lloyd’s syndicates and U.S. casualty sidecars is providing the reinsurance market with new third-party capital, however the agency warns that this also increases potential credit, liquidity, valuation, and governance risks. “Longer‑duration premium flows are being read the full article →
Bridge Street Re 2025-2 cat bond further enhances QBE’s capital management strategy: Killourhy
QBE Insurance Group’s sponsorship of its largest catastrophe bond sponsorship so far, the $400 million Bridge Street Re Ltd. (Series 2025-2) issuance, is set to diversify the firm’s capital providers while also further enhancing the company’s capital management strategy, according to Chris Killourhy, incoming Group Chief Financial Officer. As we’ve been reporting, read the full article →
Record levels of capital & benign 2025 hurricane season drive favourable dynamics at 1/1: Aon
Global insurance and reinsurance broking group Aon has reported that cedents benefited from favourable dynamics at the January 1st reinsurance renewals, aided by record levels of capital following another strong year for reinsurers, along with a benign 2025 Atlantic hurricane season which the firm says led to “competitive tension” in read the full article →
Greater market liquidity, a key challenge and opportunity for ILS in 2026: Swiss Re execs
As the insurance-linked securities (ILS) sector moves into 2026, one key challenge and opportunity that the market faces lies in the push for greater market liquidity, with senior executives from reinsurer Swiss Re noting that the space is still far from achieving robust daily pricing and dedicated liquidity providers. We recently read the full article →
Stone Ridge’s Longtail Re delivers 20% annualised ROE since inception: CEO Stevens
Longtail Re, the casualty reinsurance underwriting vehicle operated by asset manager Stone Ridge, has delivered a 20% annualised return-on-equity (ROE) since its inception in 2020, while also building a more than $6 billion asset portfolio, according to CEO Ross Stevens. In his latest letter to investors, Stone Ridge CEO Stevens explains read the full article →
Sidecar growth builds in ceded reinsurance, casualty, and MGA/capital-light platforms: Guy Carpenter
With reinsurance sidecars having emerged as a key capital instrument for re/insurers aiming to utilise third-party capital, the current growth and momentum within the space has been concentrated in ceded reinsurance strategies, casualty-focused portfolios; and MGAs, MGUs and capital-light entities, according to broker Guy Carpenter. In its 2026 1/1 reinsurance renewals read the full article →
Strategic portfolio management & capital allocation are key to navigate cycle: Hiscox Re & ILS
According to Hiscox Re & ILS, successful navigation of the reinsurance cycle requires proactive portfolio management, where strategic capital allocation plays a central role alongside diversification, retention strategy, and asset allocation, traits that are all the more important at phases in the market cycle such as we see today. In its read the full article →
January reinsurance renewal “accelerated softening” drives double-digit declines: Guy Carpenter
The January 1st 2026 reinsurance renewals saw "accelerated softening" as excess capital in the market weighed on rates, while property catastrophe renewals saw double-digit declines with investor appetite for insurance-linked securities a contributing factor, according to broker Guy Carpenter. Guy Carpenter is the first of the major reinsurance brokers to comment read the full article →
Best of Artemis, week ending December 28th 2025
Here are the ten most popular news articles, week ending December 28th 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 →





























