Archive for November, 2025

The California FAIR Plan Association is sponsoring its first catastrophe bond, with an initial target to secure $250 million or greater in capital markets backed wildfire reinsurance protection through a Golden Bear Re Ltd. (Series 2026-1) cat bond issuance, Artemis has learned.

Ministers from the G20, or Group of Twenty forum for global economic cooperation, recently came together in South Africa for annual meetings and the Disaster Risk Reduction Working Group advocated for the enhancement of risk transfer solutions, particularly including use of parametric insurance, risk pools, and catastrophe bonds.

Farmers Insurance Group has returned to the catastrophe bond market for its second sponsorship, seeking at least $300 million of multi-peril US catastrophe reinsurance protection from the capital markets with a Topanga Re (Series 2025-1) issuance.

Moody’s Ratings has now finalised and published its awaited new methodology for rating insurance-linked securities (ILS) such as catastrophe bonds.

For KKR, with committed capital managed in life and annuity reinsurance sidecar structures under Global Atlantic rising rapidly for the investment giant in recent years, these third-party capitalised reinsurance strategies are an increasingly important component of the firm’s results.

Reflecting on Hurricane Melissa’s impacts on Jamaica, Hon. Andre Ebanks, MP, Premier & Minister for Financial Services and Commerce, of the Cayman Islands, said that the British Overseas Territory should also look to financial instruments such as catastrophe bonds for future protection.

Major reinsurance firms are guiding to triple digit millions of Euros in losses from recent major hurricane Melissa, as these global giants demonstrate that they have meaningful shares of the market’s exposure to catastrophe events in the Caribbean. It’s impossible to say for certain, but any loss in the hundreds of millions could see some […]

Insurance and reinsurance broking firm Aon has structured and placed the first and largest parametric forest fire insurance policy ever undertaken in Brazil, developed for stationery manufacturer Faber-Castell.

With the pipeline of new 144A catastrophe bonds growing as new deals get launched, the market is now officially on track for the first $20 billion plus calendar year of issuance in 2025.

Munich Re reported a significant increase in its property and casualty reinsurance result, as a much lower combined ratio thanks to lower major losses, including natural catastrophes, flowed to the bottom line, which is a trend seen across major reinsurers and certain to continue the capital build-up in the sector.