Archive for March, 2025

France-headquartered global reinsurance company SCOR is back in the catastrophe bond market seeking $200 million or more in fully-collateralized retrocession from an Atlas Capital DAC (Series 2025-1) issuance, Artemis has learned.

Radix Insurance Linked Strategies (Radix ILS), the recently launched Bermuda-based third-party capital manager and reinsurance capacity deployment company with a technology-first focus, has now had a collateralized insurer class of company registered on the island.

This video features an expert panel discussing investment trends in private insurance-linked securities (ILS) at our Artemis ILS NYC 2025 conference, which was held in New York on February 7th 2025.

Allstate reported a relatively low level of catastrophe losses for February, meaning qualifying losses under its aggregate Sanders Re catastrophe bonds remain a reasonable distance from attachment ponts, we are told, so with the annual risk period nearing its end these notes are now being viewed as safer, according to sources.

The catastrophe bond market continues to present a compelling investment opportunity, with elevated risk premiums, strong demand from insurers and investors, and favourable pricing dynamics likely to drive record issuance in 2025, according to analysis by Kepler Absolute Hedge, a research and data-led provider of insight into hedge fund strategies.

Hudson Structured Capital Management Ltd. (HSCM), a reinsurance, insurtech, insurance-linked securities (ILS) and transportation focused investment manager, and Kilter Finance, an insurance-focused specialty financing company, have backed a $170 million debt raise for re/insurer IQUW as it continues to build-out its Bermuda platform.

Sompo Japan, the Japanese insurance arm of Sompo Holdings, has now successfully secured the targeted $150 million in reinsurance protection against Japanese typhoon and flood loss events from its new Sakura Re Ltd. (Series 2025-1) catastrophe bond issuance, Artemis can report.

Here are the ten most popular news articles, week ending March 23rd 2025, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.

Pool Re, the UK government-backed mutual terrorism reinsurance facility, continues to target UK £100 million in retrocessional protection from its third terrorism catastrophe bond, but we’re told the price guidance for the new Baltic PCC Limited (Series 2025-1)  issuance has now been updated towards the upper-end.

Artemis has learned that SageSure, the coastal property managing general underwriter, has now successfully priced its latest catastrophe bond, securing the 20% upsized $150 million in named storm reinsurance sought from the Gateway Re Ltd. (Series 2025-2) issuance that will protect the Aurous and Elevate reciprocal exchanges.