Reinsurance News
catastrophe bonds
Catastrophe bonds are an insurance-linked securities (ILS) instrument, where insurance and reinsurance related risks are transferred to the capital markets in Rule 144A securitized formats.
Read our catastrophe bond news and analysis below.
Fidelis Insurance closes $90m Herbie Re cat bond
2nd June 2025
Global specialty insurer Fidelis Insurance Group has successfully closed the seventh iteration of its Herbie Re catastrophe bond, providing the group with $90 million of collateralized reinsurance protection. The newly issued Series 2025-1 Notes will cover insured industry losses from a range of natural catastrophes, including earthquakes and named storms in ... Read the full article
US Coastal secures $330m in US named storm reinsurance with first cat bond
30th May 2025
US Coastal Insurance Company (USCIC) and US Coastal Property and Casualty Insurance Company (USCPC)—together known as US Coastal—have sponsored a debut catastrophe bond, securing $330 million in US named storm reinsurance through its Chartwell Re Ltd. (Series 2025-1) issuance. The cat bond provides indemnity-triggered, per-occurrence reinsurance protection against named storm losses ... Read the full article
American Integrity lifts reinsurance limit by 45% to $2.59bn amid premium and exposure growth
30th May 2025
Florida headquartered property insurer American Integrity Insurance Group has completed the placement of its 2025-2026 catastrophe excess-of-loss reinsurance program, lifting the amount of limit secured by 45%, or $799 million year on year to $2.59 billion. Effective June 1st, 2025, the reinsurance program provides the firm's insurance subsidiary, American Integrity Insurance ... Read the full article
Generali gets €200m of windstorm & quake reinsurance with return to ILS market
29th May 2025
Italian headquartered insurer Generali has returned to the insurance-linked securities (ILS) market sponsoring a catastrophe bond issued by Lion Re DAC that comprises two classes of notes for a total of €200 million covering windstorms in Europe and earthquakes in Italy. The Series 2025-1 Notes have been placed with capital ... Read the full article
Kingstone Insurance secures $125m in multi-year named storm reinsurance with first cat bond
23rd May 2025
Property and casualty insurance holding company, Kingstone Companies, Inc., has announced the successful issuance of a $125 million catastrophe bond, 1886 Re Ltd. (Series 2025-1), the first to Rule 144A deal for sponsor Kingstone Insurance Company, and which provides the firm with a four year source of US named ... Read the full article
Japan’s Zenkyoren & Germany’s SV secure $100m in quake reinsurance from cat bond
21st May 2025
German insurer SV SparkassenVersicherung (SV) has entered the catastrophe bond market with the successful completion of its debut cat bond, Liongate Re, securing $100 million in fully collateralized reinsurance, in collaboration with Japanese mutual insurer Zenkyoren. Named after the company’s headquarters at the “Löwentor” in Stuttgart, Liongate Re was issued via ... Read the full article
Slide secures its largest cat bond yet with $250m Purple Re
16th May 2025
Slide Insurance, a technology-enabled insurance firm, has finalised pricing for its $250 million Purple Re Ltd. (Series 2025-1) catastrophe bond, the fourth and largest issuance from the company to date. The firm confirmed that the Series 2025-1 cat bond was offered in two separate fully collateralised classes of $125 million, ... Read the full article
Register for Artemis’ live webinar on the state of the cat bond and ILS market at mid-year 2025
8th May 2025
Registration is open for a live and free-to-attend webcast hosted by Artemis, our insurance-linked securities (ILS) focused sister publication, in collaboration with Computershare, which will delve into the state of the catastrophe bond and related ILS marketplace at mid-year 2025. This webinar, which will last for approximately ... Read the full article
The reinsurance pie in India will increase: Azeem Kanjiani, Prudent Insurance Brokers
23rd April 2025
Insurance companies in India continue to grow and as the primary market expands, insured sizes are on the rise, driving more and more mega and ultra mega insurance policies in the country, all of which suggests growth for India's reinsurance market, according to Azeem Kanjiani, Member Executive Board, Reinsurance, Prudent ... Read the full article
Artemis webinar: Cat bond and ILS market conditions at mid-year 2025
16th April 2025
Our insurance-linked securities (ILS) focused sister publication, Artemis, has partnered with Computershare to host a live webinar during which speakers will discuss catastrophe bond and ILS market conditions at mid-year 2025. Registration is open for this live and free-to-attend webcast, which will be held at 10am EST ... Read the full article
Record Q1’25 cat bond issuance of $7.1bn the second largest single quarter ever: Report
14th April 2025
The catastrophe bond and related insurance-linked securities (ILS) market witnessed a huge $7.1 billion of issuance in the first quarter of 2025, a new record for the period, which helped take the outstanding market size to a new high of $52.2 billion, according to Artemis' data. The ... Read the full article
SCOR gets $240m of retrocession protection with latest cat bond
10th April 2025
French reinsurance company SCOR has returned to the catastrophe bond market, securing $240 million of retrocession protection against named storms in the US and the Caribbean, earthquakes in the US and Canada, and European windstorms. Atlas Capital DAC (Series 2025-1) is the nineteenth cat bond from SCOR under the Atlas ... Read the full article
Sutton National & Bamboo complete reinsurance renewal with new sidecar & cat bond
8th April 2025
Property and casualty insurer Sutton National and Bamboo Ide8 Insurance Services, LLC., part of White Mountains Insurance Group, Ltd., have announced the completion of Bamboo's reinsurance programme, which includes a debut catastrophe bond and the execution and funding of a 2025 sidecar transaction. As listed on our insurance-linked securities (ILS) focused ... Read the full article
SageSure and Auros close upsized $150m cat bond
8th April 2025
SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed markets, and Auros Reciprocal Insurance Exchange, a policyholder-owned insurer, have closed their Gateway Re Series 2025-2 catastrophe bond, securing $150 million in coverage. With this latest transaction, the Gateway Re franchise, supported by SageSure, has secured over $2 billion in cumulative ... Read the full article
Pool Re secures £100m of terrorism retrocession coverage with latest cat bond
8th April 2025
Pool Re, a UK-based provider of terrorism reinsurance, has successfully completed the placement of its third catastrophe bond, Baltic PCC Limited (Series 2025-1), which provides the reinsurer with £100 million of collateralised retrocession protection. This new issuance reinforces Pool Re’s ongoing commitment to shielding UK taxpayers from the financial impact ... Read the full article
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