Private insurance-linked securities strategies that invest in reinsurance and retrocession outperformed in February 2026 according to ILS Advisers, as its Index of strategies across the market returned 0.47% for the month.The average return across ILS funds tracked by the stood at 0.47% for February.This followed a strong start to the year that saw the average ILS fund return reaching 0.82% for January, which was above average.The 0.47% return for February is based on reporting from 89% of fund managers included in the ILS Advisers Index, so it could move higher once all performance figures are received.

February’s average return is so far above the long-term average of just under 0.40% for the month since the Index history began.It takes the average return for the first two months of 2026 for the ILS funds tracked by the Index to 1.30%.February was a quiet month again for ILS strategies, with little in the way of loss or attrition experienced, it seems.

Pure catastrophe bond funds posted an average return of 0.40% for the group for February 2026.But private ILS funds, which also invest into reinsurance or retro outperformed, delivering an average return of 0.57% for the period.Every fund that has reported performance to the Index so far was positive in February, although the range of performance was once again wide reflecting diversity in the range of ILS fund strategies available.

Performance across the group of ILS funds tracked by ILS Advisers ranged from a 0.18% return for the month to as high as 1.51% for February 2026.Track the .You can track the .

It comprises an equally weighted index of 36 constituent insurance-linked investment funds which tracks their performance and is the first benchmark that allows a comparison between different insurance-linked securities fund managers in the ILS, reinsurance-linked and catastrophe bond investment space..All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance can be accessed online.Our can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.