2024-25 Trends in Insurance Capital Markets and Regulatory Considerations

In 2024 and 2025, insurance companies are actively engaging with capital markets through traditional debt offerings and innovative funding methods such as hybrid capital, property-casualty capital instruments (P-CAPs), and funding-agreement backed notes (FABNs). The issuance volume of FABNs is expected to exceed that of recent years, highlighting a significant trend among insurers seeking diverse capital-raising strategies. Legal and regulatory factors are critical considerations for insurers as they evaluate these funding avenues to ensure compliance and optimal structuring. A professional session scheduled for July 14, 2025, will address these topics, focusing on the legal and regulatory environment impacting insurer capital-raising alternatives, providing continuing legal education (CLE) credit for attendees.