ILS

Casualty sidecars: why long-tail risk has found a new class of capital
1 November 2026   A few years ago, a casualty sidecar was considered a niche deal. Today it is one of the most talked-about structures in reinsurance and a major theme at this year’s conferences. Here, Carrie Byler and Kenneth Durbin, from Howden Re, and Mitchell Rosenberg, from Howden Capital Markets and Advisory, discuss their growth and the capital behind them.

Latest Features

Alternative Risk Transfer
Experts advise climate-vulnerable nations to look beyond expensive, low-frequency cat bonds.
Alternative Risk Transfer
Fermat, Plenum lead early ILS defence as illiquid asset fears rise.
Alternative Risk Transfer
AI-powered risk modelling could help create new, innovative structures in the ILS space.
Alternative Risk Transfer
Investors lean into higher-risk returns, paving the way for more choice among buyers.
Alternative Risk Transfer
A multi-year rally for catastrophe bonds with accompanying flurry of issuance may have begun to spill over into growth for reinsurance sidecars and parallel collateralised ILS spaces as pricing disparity tempts investors back into the related sub-classes.
Alternative Risk Transfer
The evolving role of insurance-linked securities (ILS) in reinsurance is now a matter of strategic foresight rather than tactical necessity. Acrisure Re managing director of catastrophe bond solutions believes the ILS market today is better than it was 10 to 15 years ago.
Alternative Risk Transfer
The risk transfer industry needs more capital—but ILS investors are interested only if returns reach more attractive levels that meet or exceed long-term target returns for risk assets, Dirk Lohmann, chairman of Schroders Capital ILS, told Intelligent Insurer.
Alternative Risk Transfer
Swiss Re’s recent innovative ILS deal, completed with JP Morgan and designed to help the reinsurer manage its capital, has the potential to grow the sector exponentially, says one of the industry’s pioneers Dirk Lohmann.
All features


More News

14 September 2026   Asia-Pacific becoming burgeoning market for cat bonds and ILS.
13 September 2026   GBA integration drives demand as Hong Kong expands its regional risk hub role.
11 September 2026   It’s the logic of re-share deals taken to the limit: Aon’s full reinsurance book.
10 September 2026   Record capital is putting pressure on ILS pricing, but a market still heavily concentrated on US catastrophe risk is creating opportunities for investors seeking diversification, says Peak Re’s Iain Reynolds.
10 September 2026   Increasingly interconnected risks are changing what clients need from brokers, while opening new opportunities for parametric and ILS capital, according to Augment Risk growth leader.
10 September 2026   As ILS reaches new heights in terms of issuance and innovation, Gallagher Securities is ready for the opportunity, partly through Arthur Re.
8 September 2026   Defined duration, tenor, limits and wordings key for diversification and uptick.
More news