As insurance-linked securities (ILS) continues to diversify and expand across Asia, MS Amlin, the Lloyd’s global insurer and reinsurer, remains committed to supporting the ongoing development of the market across the region, according to William Ho, CEO of MS Amlin Asia Pacific.The ILS market is gaining momentum in Asia, with growing activity and significant potential.indicated that the region is expected to see a steady increase in ILS activity, with regionally tailored catastrophe bonds likely to become more of a feature, as heightened climate awareness continues to drive a need for risk transfer and reinsurance.William Ho, CEO of MS Amlin Asia Pacific, commented: “We’re committed to supporting the continued development of the ILS market in Asia.
“Our ambition is to broaden our product offering across the risk spectrum.Investors are increasingly seeking lower volatility options, and we believe there are opportunities in the region that align well with that risk profile.We expect to share more details in the first half of 2026.” The CEO also pointed towards the growing momentum across Asia’s ILS market, and how MS Amlin expects this to continue in 2026.
“The market has expanded this year, and we expect that momentum to carry into 2026.The region is evolving from isolated transactions into a broader ecosystem,” Ho explained.He continued: “A few years ago, only one or two notable deals emerged; today, multiple reinsurers are exploring ILS, supported by a growing pipeline of private cat bond-style structures.” However, the CEO stressed that in order for ILS to grow further within Asia, the region will need to see more ILS managers and decision makers based in the region.
“This would accelerate both issuance and innovation.With diverse economies, a substantial protection gap, and a growing investor base, Asia is well-positioned to emerge as a global ILS hub,” Ho added.MS Amlin is an active player within Asia’s ILS market through the use of its Asian-focused Phoenix Re securitized sidecar vehicle.
Artemis revealed back on December 24, 2025, under its Singapore registered Special Purpose Reinsurance Vehicle named Phoenix 2 Re Pte.Ltd.Then, earlier this week, MS Amlin confirmed the expansion of its Phoenix Re securitized sidecar vehicle, Tim Yip, Executive Director and Head of ILS Advisers, which acts as both structurer and cornerstone co-investor for MS Amlin’s Phoenix Re solution, also commented: “There’s growing interest in the asset class among local investors, but without managers based here in Asia, those assets often flow out of the region, hindering the development of the local reinsurance and ILS markets.
The best opportunities here typically remain local, and accessing them requires a strong on-the-ground presence.” Concluding: “Asia’s greatest strength lies in its size and diversity, but this also makes it a challenging market to navigate without being locally established.”.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.
Publisher: Artemis