Archive for July, 2025

The CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility), in collaboration with CelsiusPro and its subsidiary Global Parametrics, has launched the CCRIF Microinsurance Facility, along with the underlying digital insurance administrative platform solution, the White Label Platform.

According to global reinsurance firm Swiss Re, inflation adjusted exposure to natural catastrophe losses is set to continue growing at a faster pace than insurance premiums around the world, which will drive the expanding protection gap even wider over the coming years.

We’ve learned of a new $25 million Eclipse Re Ltd. (Series 2025-2A) private catastrophe bond arrangement, which is the first issuance from the Eclipse Re platform that we have reported on this year.

Catastrophe bond issuance has already beaten the headline annual record in 2025, as new deals have taken the figure to over $17.8 billion, beating last year’s record and putting the $20 billion milestone clearly in sight, according to Artemis’ data on the market.

Tropical Storm Risk (TSR) has updated its forecast for the 2025 Atlantic hurricane season today, lowering the forecast for storm, hurricane and major hurricane numbers, while also dropping the forecast for US hurricane landfalls back to 2.

Lewis & Ellis, Inc. (L&E), a national actuarial consulting firm, has acquired Huggins Actuarial Services, Inc. (Huggins), a provider of property & casualty (P&C) actuarial services, in a move that enhances L&E’s position in traditional P&C markets while accelerating its capabilities in the insurance-linked securities (ILS) space.

Catastrophe bond pricing remains firmly in the “neutral zone” according to the latest analysis from consultancy Lane Financial LLC, but the firm maintains its prediction that the market is still on-track for an expected 8.5% total return in 2025.

Despite the fact property catastrophe reinsurance rates have moderated somewhat, analysts at Jefferies said the market remains attractive and they do not classify it as soft given pricing remains above 2022 levels at this time.

Cyber risk could eventually stand alongside U.S. wind and U.S. earthquake as the catastrophe bond market’s third peak peril, according to a recent commentary from global independent alternative and active investment management firm, Man Group.

News continues to emerge that reflects the increased availability of aggregate reinsurance protection, as an analyst report shows Italian insurance and financial services group Unipol secured a planned €300 million aggregate reinsurance treaty to better protect it against smaller catastrophes and weather losses.