Sidecar returns for 2025 below prior years but still highly attractive
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Sidecars

Sidecar returns for 2025 below prior years but still highly attractive

The outcome of Eaton Fire subrogation is an uncertainty for some vehicles.

By Liz Bury
November 24, 2025
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The majority of P&C reinsurance sidecars are on course to deliver returns in a range from mid to high teens to low 20s for 2025, sources have told Insurance Insider ILS.

The

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Analysis Property treaty Casualty treaty Re/insurers ILS managers Sidecars Results UK and Europe North America
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