Reinsurance News
cat bond
Alternative capital redesigning reinsurance, but still has challenges to face: Guy Carpenter
13th May 2026
Alternative capital is rewriting the rules of reinsurance, and while it seems it is here to stay, its rapid integration brings distinct structural challenges, a recent Guy Carpenter report highlights. The ‘Convergence of Financial and Reinsurance Capital: How catastrophe bonds, sidecars, and financial investors are redesigning the architecture of global reinsurance’ ... Read the full article
Zurich closes $150m cat bond covering U.S. named storms and earthquakes
17th April 2026
Large insurer Zurich has returned to the catastrophe bond market, successfully closing a $150 million catastrophe bond covering U.S. named storms and earthquakes through the Turicum Re 2026-1 issuance. This Turicum Re Ltd. Series 2026-1 issuance is the first Rule 144A natural catastrophe bond sponsored by Zurich since late 2012. Turicum ... Read the full article
Catastrophe bond issuance hits $6.7bn in Q1’26 after record 2025: Artemis
16th April 2026
Catastrophe bond and related insurance-linked securities (ILS) issuance hit $6.7 billion in the first quarter of 2026, as a Q1 record 35 transactions came to market from a host of repeat and three first time sponsors, reports Artemis. The Artemis Q1 2026 catastrophe bond and ... Read the full article
Private ILS premium environment remains healthy: Artemis ILS NYC 2026 video
11th March 2026
The track record of private insurance-linked securities (ILS) fund strategies continues to attract greater attention, and while capital raising is more challenging in private ILS and blended strategies, in comparison to pure catastrophe bonds, conditions in this part of the market continue to improve, according to industry experts at the ... Read the full article
SageSure and SURE close record-breaking $670m cat bond
19th February 2026
SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed property in the US, and SureChoice Underwriters Reciprocal Exchange (SURE), a member-owned reciprocal exchange, have successfully closed the Gateway Re Ltd. Series 2026-1 catastrophe bond. The transaction closed at an original principal amount of $670 million, marking the franchise’s largest issuance ... Read the full article
TD Insurance sponsors second cat bond focused on Canadian risks
30th January 2026
TD Insurance (TDI) has successfully sponsored its second catastrophe bond, MMIFS Re Ltd. (Series 2026-1), which will provide additional reinsurance capacity through a multi-year risk transfer of C$115m aggregate protection against named storms, earthquakes, severe convective storms, winter storms, and wildfires in Canada. The reinsurance from this cat bond will ... Read the full article
SageSure and GeoVera Nova close $200mn cat bond, Meritage Re’s first issuance
22nd January 2026
SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed property in the US, and GeoVera Nova, a provider of earthquake, wind, and residential and commercial property insurance, have announced the closing of the inaugural Meritage Re Ltd. Series 2026-1 catastrophe bond at $200 million. This is the first issuance of ... Read the full article
Record $7bn+ Q4 catastrophe bond issuance takes market to new heights: Artemis
7th January 2026
The catastrophe bond and related insurance-linked securities (ILS) marketplace broke numerous records in 2025, as a huge 122 transactions brought a record $25.6 billion of new issuance to market, supported by 15 new market entrants, according to the latest Artemis report. The Artemis Q4 and ... Read the full article
Willis Re expects further easing of conditions, greater competition & continued new supply in 2026
31st December 2025
Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, forecasts that in 2026 there will be continued new supply, alongside easing of conditions and greater competition between reinsurers for cessions. The broker notes that almost all segments showed a softening in reinsurance pricing over 2025, with ... Read the full article
QBE secures $400m of international peak peril reinsurance with latest cat bond
30th December 2025
QBE, the Australia-headquartered global insurance and reinsurance company, has now successfully closed its latest catastrophe bond to secure the $400 million of international peak peril reinsurance from the Bridge Street Re Ltd. (Series 2025-2) issuance. This is the second issuance of Notes for Bridge Street Re, and will provide QBE and ... Read the full article
Swiss Re urges bolder investment in Insurance-Linked Loans to strengthen sovereign disaster resilience
17th November 2025
Swiss Re Public Sector Solutions, the arm of the global reinsurer that works with governments, international institutions, and the broader public sector on risk transfer solutions, has suggested now is the time to invest more boldly in insurance-linked loans. Swiss Re says insurance-linked loans, alongside parametric insurance, catastrophe bonds, and contingent ... Read the full article
Hurricane Melissa triggers $150mn World Bank cat bond for Jamaica
7th November 2025
The Government of Jamaica will receive a full payout of $150 million under its catastrophe insurance coverage, backed by a World Bank catastrophe bond, following the devastating impact of Hurricane Melissa. Hurricane Melissa was the thirteenth named storm and the fourth major hurricane of the 2025 North Atlantic hurricane season. For ... Read the full article
Q3 2025 cat bond issuance of $1bn+ takes nine-month total to record $18.6bn: Artemis
2nd October 2025
Catastrophe bond and related insurance-linked securities (ILS) issuance of $1.036 billion in the third quarter of 2025 has taken issuance for the nine-month period to September 30th, 2025, to $18.6 billion, which is a new annual record for the market, according to the latest quarterly report from Artemis. Read the full article
ILS market continues to break records: Fitch Ratings
28th August 2025
Insurance linked securities (ILS) capital has continued to break records in 2025, according to a recent report by Fitch Ratings, with catastrophe bonds issuance reaching unprecedented numbers, total alternative capital also hitting a record high, and sidecar growth. A surge in investor interest, both existing players and new entrants, has funnelled ... Read the full article
Q2 2025 cat bond issuance hits record $10.5bn: Artemis
3rd July 2025
The second quarter of 2025 was another record period for the catastrophe bond market, with issuance of $10.5 billion from 38 transactions comprised of 58 tranches of notes, ensuring that new annual records have been set for 144A property cat bond and total 144A cat bond and related ILS issuance, ... Read the full article
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