Cat bonds & reinsurance: archive
Every Cat bonds & reinsurance story in Insurance, newest first. 118 stories
1 story
Munich Re lifts 2026 profit target to €6.6 billion
Preliminary third-quarter profit of about €1.7 billion beat the €1.479 billion consensus; the reinsurer cut written volume 9.1% at the July renewals.
3 stories
Gallagher Re counts six quarters without a $10bn-plus insured catastrophe
Nine-month insured losses of about $92bn were 29% below the 2016–2025 average, and dedicated reinsurance capital reached a record $688bn into January renewals.
Gallagher Re puts nine-month insured catastrophe losses at $92bn, lowest since 2019
Severe convective storms drove nearly 60% of insured catastrophe losses, and Hurricane Isaias is excluded from the nine-month total.
Chubb CEO Evan Greenberg flags 'naive capacity' in casualty sidecars on Q3 call
Evan Greenberg said sidecars, broker facilities and investor-backed MGAs are adding capacity as property price pressure spreads to casualty lines.
1 story
Hurricane Isaias is 2026's only Atlantic hurricane, with insured losses up to $4.5bn
ACE through October 14 ran at 18 against a 123 full-season average, according to the Lloyd's Market Association's Matthew Bellamy.
3 stories
Brit names James Winn to lead Bermuda reinsurance platform
He succeeds Jonathan Stephenson at Brit Re, subject to approvals, with the move expected near year-end.
Fidelis Partnership names Greg Bowman Bermuda CEO and two underwriting leads
Royal Gazette Bermuda Re reports Mark Herget and Danny Mereu take Bermuda underwriting roles; Helen Wilson starts as reinsurance CUO in January.
W.R. Berkley casualty reinsurance net premiums written fell 25% in Q3 2026
The line wrote $144.2 million against $192.7 million a year earlier, and management guided to roughly 10% to 20% further shrinkage.
2 stories
DOXA launches property reinsurance MGU targeting quota share capacity
James Femia, who spent 22 years at SiriusPoint and its predecessor, joins DOXA Re as president.
Perils AG estimates €3.3bn insured loss from August European convective storms
The initial estimate covers storms in France, Germany, Switzerland and Italy, AM Best reported on October 19.
1 story
Three modelers put Isaias insured losses at $1bn-$3bn, excluding offshore energy
Moody's says the three refineries nearest the storm stayed running, leaving shut-in offshore production as an operating cost rather than insured damage.
3 stories
KCC pegs Isaias insured losses at $3 billion; AM Best sees an earnings event
AM Best says the Category 2 storm will not deplete surplus enough to squeeze Florida capacity or push pricing.
Thirteen syndicates launch at Lloyd's as approved capital rises to £36.2bn
Lloyd's 2025 report logged more than 50 serious underwriting inquiries, and cyber reinsurer Envelop has in-principle approval to convert its special purpose arrangement into a syndicate.
KCC puts Hurricane Isaias insured losses at $3 billion, top of modeled range
The estimate covers wind and storm surge damage and excludes losses paid by the National Flood Insurance Program.
4 stories
Karen Clark & Co estimates $3bn in private US insured losses from Hurricane Isaias
The flash estimate covers residential, commercial and industrial property and automobiles, and excludes boats, offshore properties and National Flood Insurance Programme losses.
AM Best: KCC and Gallagher Re estimate Hurricane Isaias insured losses
The AM Best headline puts the estimate in the low billions of dollars; the available article text describes a low- to mid-single-digit range.
Hurricane Isaias insured losses estimated at up to $4bn; Fitch sees earnings event
Verisk estimates onshore property losses at $1 billion to $2 billion, and Euler estimates total industry losses at $2 billion to $4 billion.
Better data has eased ILS climate concerns, Cambridge Associates and New Holland say
Speakers at ILS Convergence 2026 in Hamilton said scrutiny has moved to how managers model, staff and explain catastrophe risk.
3 stories
PICC issues Hong Kong ILS sidecar for offshore wind reinsurance, AM Best reports
The AM Best News item is dated Oct. 14, 2026; the available text gives no size, trigger, term or investor details.
NOAA's Christopher Landsea warns HURDAT2, used by insurers, isn't fully accurate back to 1850s
His team downgraded a 1922 Bermuda hurricane from category 4 to category 3 and upgraded Hurricane Andrew to category 5.
Karen Clark warns catastrophe models can be stale within two years
Speaking at ILS Bermuda Convergence 2026, the modelling pioneer said exposure growth, more than climate change, has driven US catastrophe losses higher.
3 stories
Chariot Re completes $1.6bn Japan retrocession, its fourth deal since launch
The Bermudian life reinsurer's agreement with MetLife Reinsurance Company of Hamilton took effect September 30 and covers Japanese US dollar-denominated whole life and annuity policies.
Moody's says Florida-only homeowners writers are most exposed to Hurricane Isaias
Gallagher Re says the storm is unlikely to meaningfully influence January 1 renewals, citing the abundance of available reinsurance capital.
Cotality puts Hurricane Isaias insured losses at $2bn-$3bn, below pre-landfall broker ranges
The estimate covers wind and storm surge, with most damage in the Florida Panhandle and southern Alabama.
4 stories
Bermuda Stock Exchange lists 169 new cat bond and ILS structures in three quarters
Artemis.bm puts the exchange at 731 cat bond and related ILS listings, almost 93 per cent of the market it sizes at $67.4 billion.
SageSure takes stake in Bermuda ILS manager Pillar Capital
Pillar keeps its Bermuda team, its investment strategy and a substantial management ownership stake. The price and the size of SageSure's stake were not disclosed.
SageSure takes stake in Bermuda ILS manager Pillar Capital
SageSure funded the investment by expanding an existing debt facility with Ares Management; price and stake size were not disclosed.
SageSure takes stake in Bermuda ILS manager Pillar Capital
Pillar will stay independent, keep its Bermuda team and investment strategy, and management will retain a substantial ownership stake; the report does not specify the stake size or price.
3 stories
Florida declares state of emergency as Isaias expected to become hurricane in the Gulf
Hurricane watch covers Bay St. Louis, Mississippi, to Indian Pass, Florida; landfall possible late Friday or early Saturday.
Moody's maps El Niño's split perils as Atlantic stays quiet and Pacific loads
NOAA puts an 81% probability on a very strong El Niño peak from October to December, and Moody's says season counts say little about annual losses.
WTW sees record Bermuda property capacity as Class of 2026 carriers write quota share
The report says property rate cuts in Bermuda are slowing while new carriers compete on coverage and attachment points rather than price.
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Pacific Life Re completes $3bn longevity reinsurance deal with American National
The reinsurer assumes longevity risk on $3bn of US pension risk transfer liabilities, its first US longevity trade through the Savings and Retirement business.
1 story
Aon estimates nor'easter losses in hundreds of millions; AM Best puts Polo in same band
The nor'easter is dated to late September and located in the Mid-Atlantic and Northeast, and both figures arrive as estimates rather than results.
1 story
Talcott completes $6.3bn Lincoln reinsurance deal on guaranteed universal life
Lincoln will continue to administer the policies and expects the transaction, announced in July, to lift medium-term annual subsidiary remittances by $30 million to $40 million.
2 stories
Zurich completes $10.8bn Beazley takeover, adding Bermuda cyber ILS platform
Beazley's Bermuda platform comes with a Class 4 licence, $500 million earmarked and a $400 million premium target for 2030.
AM Best affirms Sigurd Rück ratings but leaves outlook unstated in excerpt
The Oct. 1 action keeps the Swiss reinsurer's A- financial strength and a- issuer credit ratings unchanged; the available excerpt cuts off before naming the outlook.
3 stories
Banyan Risk launches Red Fox to write wildfire-exposed property with Lloyd's capacity
The Bermuda MGA's new unit will write non-admitted cover with primary limits up to $10 million, backed by Argenta Syndicate 2121 at Lloyd's.
Washington regulator puts Spokane wildfire losses at $772 million in first data call
The Office of the Insurance Commissioner figure is an industry-wide aggregate for the three fires that converged on Spokane in August.
University of Miami and NOAA isolate four signs a tilted storm is about to straighten up
The study draws on 1,510 radar analyses over 28 hurricane seasons and finds aligned storms looked different about a day ahead.
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Pinion names Ledger Investing's Gary Maier as US chief executive
The Barings-backed Bermudian carrier has delayed underwriting while it seeks nationwide excess and surplus licenses.