Archive for June, 2025

Siena Capital Group, LLC has announced that it has appointed Ridwan Bari as its Chief Technology Officer (CTO), to spearhead technology strategy across the firm’s portfolio companies and lead the development of Caterina, the Group’s insurance-linked securities platform.

As investors grapple with the challenges of market concentration, rate uncertainty, and sustainability underperformance, insurance-linked securities (ILS) are emerging as a compelling solution for ESG-focused portfolios, according to Tiziana Maida, Head of Research at investment management, wealth planning and consulting specialist IPS Capital LLP.

Catastrophe bond issuance in the second-quarter of 2025 now looks set to exceed $10 billion, marking the period as the first where new cat bonds issued have reached that milestone in any official quarter, as activity this year continues to propel the market to new heights, Artemis’ data shows.

As South Asia faces escalating threats from extreme weather events, the World Bank Group is urging policymakers to scale up innovative financial tools such as weather-index insurance to help households and businesses manage climate risks more effectively.

Here are the ten most popular news articles, week ending June 15th 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.

The Board of African Risk Capacity Limited (ARC Ltd), the financial affiliate and parametric insurance underwriting entity of the African Risk Capacity (ARC) Group, has announced the appointment of David Maslo as interim CEO, effective June 16th, 2025.

Having increased the capital base of its Lifson Re collateralized reinsurance sidecar structure and raised the proportional quota share for 2025, W. R. Berkley ceded a significant 82% more in reinsurance and retrocession premiums to the structure in the first-quarter of 2025.

At Artemis’ ILS NYC 2025 conference, a panel composed of leaders from across the ILS value chain delivered a bullish message about the future of the casualty insurance-linked securities (ILS) space.

Vermont Mutual Insurance Company has now raised the target size of its new Baldwin Re Ltd. (Series 2025-1) catastrophe bond issuance, with the company now looking to secure up to $250 million of capital markets-backed reinsurance protection to cover losses in north east US states.

Global P&C insurer AmTrust Financial Services has now secured its latest catastrophe bond, at the 50% upsized top-end target size to source $150 million of northeast US named storm reinsurance protection from the capital markets with its new Solis Re Ltd. (Series 2025-1) issuance, at a spread fixed at the low-end of guidance.