The catastrophe bond (cat bond) and insurance-linked securities (ILS) market experienced unprecedented growth in 2024, reaching a record-breaking $49.5 billion in outstanding market value. This remarkable achievement underscores the increasing reliance on capital markets by insurers and reinsurers
Munich Re, a global leader in the reinsurance market, has made headlines with the issuance of $64.5 million Series 2025-1 Class A notes through its Eden Re II 2025 sidecar. This marks the largest issuance of such notes by Munich Re since 2019, reflecting a significant milestone in the
Stone Ridge Asset Management, a New York-based alternative risk premia investment manager, has garnered significant attention for its exceptional performance and innovative approaches in the reinsurance and insurance-linked securities (ILS) markets. Under the leadership of CEO Ross Stevens, the
Arthur J. Gallagher & Co., a global insurance brokerage and risk management services firm, recently made a significant move to enhance its presence in the Chicago area by acquiring Afina Insurance Advisors Inc., a well-regarded property and casualty insurance broker based in Illinois. This
The reinsurance market is poised for a period of strong financial performance through 2026, driven by a combination of factors that have reshaped the industry landscape. Despite facing significant challenges in recent years, reinsurers are expected to maintain robust returns, with a projected
Prudential Financial Inc. has set a new course for its future with a strategic reinsurance transaction and a decisive leadership transition, actions designed to enhance the company’s growth trajectory and capitalize on capital efficiency. The company recently inked a substantial reinsurance deal w
Sepsis is a life-threatening condition that arises when the body's response to infection triggers injuries to its own tissues and organs, leading to organ dysfunction and potentially death if not swiftly addressed. The critical challenge in managing sepsis lies in its varied clinical
In recent years, the field of cancer diagnostics has witnessed remarkable advancements, particularly in early detection and risk assessment. These innovations are transforming how we approach cancer prevention and treatment, offering hope for millions worldwide. This article delves into the latest
In an era where health risks are increasingly complex and interconnected, the One Health approach has emerged as a promising strategy to address these challenges. This approach emphasizes the interdependence of human, animal, and environmental health, advocating for a collaborative, multi-sectoral,
The U.S. Senate Budget Committee convened on Wednesday to explore the growing impact of climate change on the insurance industry, focusing on a study that highlighted increasing non-renewal rates of homeowner insurance policies across various states. The hearing, led by Chairman Sen. Sheldon
