The insurance-linked securities market remains focused on capital availability, pricing trends and risk diversification as investors and reinsurance buyers assess capacity conditions. AM Best says it will host an analytical briefing on Oct. 28, 2026, to examine catastrophe bond issuance, capital flows and the expanding use of casualty ILS.
Highlights
- AM Best will host the ILS Market Outlook briefing on Oct. 28, 2026, focusing on catastrophe bond issuance, pricing trends, and capital flows.
- The event will address the expanding role of casualty ILS, developments in secondary-peril risk modeling, and market diversification across perils and geographies.
- Panelists from GC Securities, LGT ILS Partners Ltd., and Leadenhall Capital Partners LLP will discuss factors shaping reinsurance capital deployment and alternative capacity.
Briefing agenda and speaker lineup
As reported by AM Best, the event, titled "ILS Market Outlook: Capital, Pricing and the Broadening Risk Landscape," is scheduled for Wednesday, Oct. 28, 2026, at 10 a.m. EDT. The session is set to review recent trends in catastrophe bond issuance, pricing and capital flows, alongside the market's continued diversification across perils and geographies.The briefing also is due to cover the growing role of casualty ILS as a source of capacity and developments in secondary-peril risk modeling. Emmanuel Modu, managing director, global reinsurance and insurance-linked securities at AM Best, is moderating the panel.
Panelists include Quentin Perrot, managing director at GC Securities; Michael Stahel, partner at LGT ILS Partners Ltd.; and Lorenzo Volpi, managing partner and deputy CEO at Leadenhall Capital Partners LLP.
Implications for reinsurance capital markets
The planned discussion highlights how the ILS market is broadening beyond traditional catastrophe risks as participants evaluate pricing, model performance and investor appetite. That focus reflects the sector's importance as an alternative source of reinsurance capacity across multiple risk categories and regions.By addressing catastrophe bonds, casualty ILS and secondary-peril modeling in one session, the briefing is set to provide a snapshot of the issues shaping capital deployment in insurance-linked markets. More information is available on the event page.
Our earlier article examined how Japan’s Government Pension Investment Fund (GPIF), built on decades of proactive demographic and pension policy, has become the world’s largest institutional investor and an important source of liquidity for global markets. It also highlighted that GPIF’s portfolio decisions—and any shift in its asset allocation after a strong quarterly gain—can ripple through major bond and equity markets and influence broader investor positioning.