ILS and reinsurance increasingly working together: Wong-Fupuy, AM Best
Third-party capital in the reinsurance market reached record highs in 2024, as broker Guy Carpenter, alongside rating agency AM Best estimated that it reached a substantial $107 billion at year-end, however, a key driver of the increase is the continued growth of the insurance-linked securities (ILS) market, which is the major component of third-party capital across reinsurance. […]
New capital, coupons, cash from maturities. All drive strong cat bond execution in 2025
The catastrophe bond market has seen very attractive execution on behalf of sponsors so far this year, with a number of factors driving this that have all resulted in abundant capital being available to settle new cat bond issuances, typically at larger sizes and lower pricing. As we’ve explained, new catastrophe bond issuance in 2025 […]