Regulatory Alerts2026-04-27
Added · Updated
Bermuda Monetary Authority Q4-2025 Market Data Shows Significant Growth in Alternative Capital and ILS Markets
The Bermuda Monetary Authority released Q4-2025 market data revealing that insurance-linked securities (ILS) funds now represent approximately 8% of Bermuda’s regulated funds, with net asset values reaching $13.71 billion and reflecting a multi-year upward trajectory. This expansion is driven by a risk-based regulatory framework that facilitates rapid approvals for Special Purpose Insurers and collateralized reinsurance structures, which collectively captured roughly 92% of global alternative capital in 2024. Early Q1-2026 registration figures for nine new collateralized entities confirm sustained institutional demand, reinforcing Bermuda’s position as a premier global hub for catastrophe bonds and alternative capital markets.