Unpacking the Week's Most Influential Insights in Risk Transfer
Willis Re's Strategic Acquisition to Bolster US Reinsurance Presence
Willis Re has entered into a definitive agreement to acquire the U.S. reinsurance operations of BMS Group, known as BMS Re, US. This strategic move encompasses BMS Intermediaries Inc., BMS Capital Advisory LLC, and BMS Re's affiliated U.S. reinsurance brokerage team based in London, marking a significant expansion.
Leading Reinsurers Reshaping Global Rankings by AM Best
Munich Re has regained its prominent position at the pinnacle of AM Best's global reinsurer rankings for entities reporting under IFRS 17. Concurrently, the specialized Lloyd's market has surpassed Berkshire Hathaway to secure the leading spot among non-IFRS 17 reinsurers, based on figures from year-end 2025.
Beazley's Innovative Partnership for Cyber ILS Fund in Bermuda
Beazley, a London-based specialty insurer and reinsurer, has collaborated with Integral ILS Ltd., a specialist investment manager in insurance-linked securities, to establish a pioneering cyber ILS fund platform in Bermuda.
Anticipated Rise in Reinsurance Competition and Sustaining Returns: AM Best's Outlook
AM Best forecasts an ongoing normalization of reinsurance underwriting outcomes throughout 2026, assuming no major catastrophic events. However, the agency anticipates increased competitive pressures in the coming year as the market continues to expand its capital base, emphasizing that disciplined practices can maintain attractive returns.
Hannover Re Capital Partners' Expansion and Investor Outreach Efforts
Hannover Re is actively advancing its Bermuda-based insurance-linked securities (ILS) platform, Hannover Re Capital Partners, in 2026. The platform has already deployed funds for partner investors, reinforced its team, and aims to attract more investors while developing new structures to support diverse investment opportunities.
Pillar Capital Welcomes New Actuary to its Expert Team
Pillar Capital Management Limited, the Bermuda-based specialist in collateralized reinsurance and insurance-linked securities (ILS) investment management, has announced the appointment of Jessica Ferreira as an Actuary.
IDB's Landmark Parametric Catastrophe Swap for Belize, Supported by Swiss Re
The Inter-American Development Bank (IDB) has successfully executed its inaugural sovereign parametric catastrophe swap transaction. This agreement secures $20 million in hurricane risk transfer for Belize, underwritten by the global reinsurance giant Swiss Re.
Asia's Growing Appeal for the ILS Market: Perspectives from Twelve Securis
As Twelve Securis expands its footprint in Asia, including forming two new distribution partnerships in Taiwan, Vittorio Sangiorgio, Head of Investment Solutions at the catastrophe bond and ILS investment manager, highlights the significant opportunities the region presents for further ILS market growth.
US Severe Convective Storm Losses Surpass $35 Billion in 2026: Gallagher Re Reports
According to reinsurance broker Gallagher Re, industry losses from severe convective storms (SCS) in the U.S. have escalated, exceeding $35 billion year-to-date in 2026. This surge follows a quieter start to the year, succeeded by intense storm activity.
Fermat Capital Management Introduces Cat Bond PIE Fund for New Zealand Investors
Fermat Capital Management has launched a new investment strategy tailored for New Zealand investors: the Fermat Cat Bond PIE Fund. This fund represents the first catastrophe bond fund structured in the tax-efficient Portfolio Investment Entities (PIE) format.
