Archive for July, 2025

An Artex Risk Solutions entity has issued a new private catastrophe bond arrangement, with the roughly US $4 million Artex Axcell Re (Series FE0002) transaction appearing to be a possible renewal of a previous deal, while also being denominated in Japanese Yen suggesting the cat bond lite likely covers perils from that country.

Catastrophe bond market momentum is anticipated to continue through the second-half of 2025, which added to a significant record set for the first-half leads Swiss Re Capital Markets to say the cat bond sector is positioned for an exceptional year of issuance.

Renewals and purchases of catastrophe retrocessional protection saw their pricing soften faster than property catastrophe reinsurance at the June and July 2025 mid-year renewal season, which tilted the market in the favour of retro buyers this year, analysts at Autonomous have highlighted.

Today’s soft market across insurance may be short-lived, as the global environment is volatile and systemic risks are rising, which means the opportunity for protection buyers may also not last, according to broker Aon.

Japan Post Insurance has now agreed its planned $2 billion investment into a new reinsurance co-investment vehicle, or sidecar, to gain access to the strategic returns from business activity of KKR’s U.S. life, retirement and annuities insurance and reinsurance company, Global Atlantic Financial Group.

The Natural Disaster Fund (NDF), the risk capital facility that allocates its funds to support parametric insurance arrangements and is managed by CelsiusPro’s Global Parametrics team, has increased its risk capital allocation to a Caribbean parametric hurricane product.

We’re waking to reports of Pacific basin-wide tsunami alerts having been issued by numerous countries after a magnitude 8.8 earthquake occurred near the Kamchatka Peninsula of Russia this morning.

The Early Bird rate for our upcoming catastrophe bond and insurance-linked securities (ILS) conference, Artemis London 2025 expires at the end of this month, so register today to secure a ticket at the best possible price.

In an interview with Artemis, Terrence McLean, Chief Executive Officer (CEO) of SageSure, discussed the firm’s debut reinsurance sidecar transaction Seawall Re Ltd., stating that he thinks of it as the first in a series of additional transactions which has a direct focus on sideways and other perils.

Cincinnati Financial Corporation purchased an additional layer on its property catastrophe reinsurance treaty with a limit of $300 million at its July 1, 2025 renewal, increasing the total limit on its reinsurance tower from $1.5 billion to $1.8 billion.