In a year where Price Forbes Capital Markets saw strong activity and involvement in deals, it was casualty insurance-linked securities (ILS) that were the standout area of traction and CEO of the unit Adam Champion noted that the Bermuda market’s strength is compelling and easy to showcase to investors.Reflecting on a busy 2025, when the capital markets, investment banking and ILS capital raising unit of reinsurance broker Price Forbes Re, Price Forbes Capital Markets, worked on a number of important transactions, the company said that these examples “underscore our commitment to innovation and excellence in the reinsurance and capital markets space.” Driving investment flows into casualty ILS structures had been a standout area of activity for the company in 2025, as it helped investors access diversification across a broader range of insurance and reinsurance opportunities.Broking groups have benefited from the wave of expansion in casualty ILS over recent years, with these often large structures providing a chance for them to demonstrate their ability to structure and marshal capital into the reinsurance industry.Often this has come from investors that were already allocating to ILS, but increasingly it also features bringing entirely new investor names to market.

Adam Champion, CEO Capital Markets at Price Forbes Re, stated, “We are thrilled with the progress achieved in 2025.Our work in the Casualty ILS space has been especially rewarding, as we’ve played a pivotal role in opening attractive investment opportunities from major institutional investors and beyond.” In 2025, Price Forbes Capital Markets assisted a number of investors and transaction to access casualty insurance-linked opportunities, including supporting Culpeper Capital Partners role as a capital provider to , while also raising $150 million into a range of casualty sidecars.In addition, the company said that it raised more than $250 million into certain property catastrophe ILS funds and other investor bespoke sidecars during the year.

On top of which, Price Forbes Capital Markets also advised in the Bermuda market, and grew a relationship with a leading Bermuda-based global re/insurer to raise Funds at Lloyd’s.Champion further commented, “While the team has worked tirelessly to deliver at the highest levels of client service, we’ve also been pushing against an open door; Bermuda’s strengths as a premier global capital markets hub are compelling and easy to showcase to investors.The depth of market expertise and the spirit of innovation here continue to inspire confidence among investors worldwide.

“I’m proud that Price Forbes Capital Markets has contributed meaningfully to channelling sophisticated capital to the industry.Our successes are the market’s successes, and it has been a privilege for us to have facilitated so much activity over the past year.“This momentum represents a strong vote of confidence in the ILS markets stability and capability.

These new investment flows, I am certain, will play a pivotal role in shaping the future of the industry.” Insurance-linked securities activity in 2025 has driven meaningful earnings for broking groups with capital market specialist units, both thanks to the record levels of catastrophe bond issuance and the growth in customised ILS and third-party capitalised reinsurance structures, notably including the significant up-tick in transfer of casualty risk opportunities to investors..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.