Catastrophe Bond & Insurance-Linked Securities Deal Directory
The Artemis Catastrophe Bond & Insurance-Linked Securities Deal Directory contains details about most of the catastrophe bond and ILS transactions issued since the ILS & cat bond market began in the mid-1990’s.
Not sure what a catastrophe bond is? Read our explanation for beginners: What is a catastrophe bond? We also have an explanation of insurance-linked securities for beginners: What are insurance-linked securities (or ILS)?
Catastrophe bond and ILS market dashboard
The Artemis Catastrophe Bond & ILS Market Dashboard is the best way to view the key metrics of the growing catastrophe bond and insurance-linked securities market; one place to view the ILS market data that matters.
Launch Dashboard
2023 ISSUANCE
$10.9 billion.
OUTSTANDING MARKET
$41.6 billion.
Figures include 144a property cat bonds, other cat bonds & private cat bonds. Find mortgage ILS issuance here.
Key: Rows in this colour indicate catastrophe bond issuances yet to settle.
Latest catastrophe bonds and insurance-linked securities
| Issuer | Cedent | Risks / Perils covered | Size | Date |
|---|---|---|---|---|
| Merna Re II Ltd. (Series 2023-2) | State Farm | Texas named storms | $200m | Apr 2023 |
| Merna Re II Ltd. (Series 2023-1) | State Farm | US earthquake, US named storms (Excludes Florida on a 1st event basis. Excludes California and Texas) | $250m | Apr 2023 |
| Merna Re II Ltd. (Series 2022-3) | State Farm | Texas named storms | $300m | Jun 2022 |
| Merna Re II Ltd. (Series 2022-2) | State Farm | Florida named storms | $200m | Jun 2022 |
| Merna Re II Ltd. (Series 2022-1) | State Farm | US earthquake | $300m | Mar 2022 |
| Merna Re II Ltd. (Series 2021-2) | State Farm | Florida named storm and severe thunderstorm | $300m | Jun 2021 |
| Merna Re II Ltd. (Series 2021-1) | State Farm | U.S. earthquake | $350m | Apr 2021 |
| Merna Re II Ltd. (Series 2020-1) | State Farm | U.S. earthquake | $250m | Apr 2020 |
| Merna Re II Ltd. (Series 2019-1) | State Farm | U.S. earthquake | $300m | Mar 2019 |
| Merna Re Ltd. (Series 2018-1) | State Farm | U.S. earthquake | $300m | Mar 2018 |
| Merna Re Ltd. (Series 2017-1) | State Farm | U.S. earthquake | $300m | Mar 2017 |
| Merna Re Ltd. (Series 2016-1) | State Farm | U.S. earthquake (New Madrid region) | $300m | Mar 2016 |
| Merna Re Ltd. (Series 2015-1) | State Farm | U.S. earthquake (New Madrid region) | $300m | Mar 2015 |
| Merna Re V Ltd. | State Farm | U.S. earthquake (New Madrid region) | $300m | Mar 2014 |
| Merna Re IV Ltd. (Series 2013-1) | State Farm | U.S. earthquake (New Madrid region) | $300m | Apr 2013 |
| Merna Reinsurance III Ltd. | State Farm | U.S. / Canada hurricane, earthquake, severe thunderstorm, winter storm, wildfire | $250m | Jun 2010 |
| Merna Reinsurance II Ltd. | State Farm | U.S. earthquake | $350m | Apr 2010 |
| Merna Reinsurance Ltd. | State Farm | U.S. and Canada Multi-peril | $1.1bn | Jul 2007 |
| Alpha Wind 2000-A Ltd. | State Farm | Florida hurricanes | $90m | May 2000 |
