Catastrophe bonds and insurance-linked securities news

SageSure’s successful sponsorship of its latest catastrophe bond, the $175 million Gateway Re Ltd. (Series 2026-2) issuance, is a testament to the transparency and performance of the managing general underwriters (MGUs) underwriting platform, President and CEO Terrence McLean said today.

A new Gallagher Re white paper argues that blending cyber tail risk with uncorrelated property catastrophe risk in shared-limit reinsurance structures can lower pricing and improve efficiency for cedants, though the firm notes that long-term success will also require participation from the insurance-linked securities (ILS) market.

Liberty Mutual, the insurance and reinsurance group, has disclosed that its aggregate reinsurance protection has been lifted higher up the tower for 2026, with the $500 million of limit set to attach excess of $3.15 billion this year, while on the occurrence limit side it appears one of the Mystic Re catastrophe bonds has been […]

For insurance and reinsurance companies, the expansion of insurance-linked securities and the catastrophe bond market are viewed as credit positive by KBRA, with the rating agency explaining that the additional capacity the ILS market offers is increasingly important, supporting capital flexibility and protecting sector balance-sheets.

The Eclipse Re Ltd. transformer vehicle has issued its first listed private catastrophe bond notes of the year, with a $100 million Eclipse Re Ltd. (Series 2026-1A) becoming the largest cat bond lite of 2026 so far, Artemis has learned.

The Andover Companies has now secured $250 million of collateralized catastrophe reinsurance from its new Locke Tavern Re Ltd. (Series 2026-1) catastrophe bond sponsorship, more than replacing the soon to mature protection from its 2023 deal, Artemis can report.

Our latest video features the opening panel discussion of the day at Artemis ILS NYC 2026, a session focused on the private insurance-linked securities marketplace, from our tenth catastrophe bond and insurance-linked securities (ILS) conference in the ILS NYC series, held on February 6th 2026 in New York.

Plymouth Rock, the northeast US regional insurer, continues to seek $100 million in named storm reinsurance protection through its debut catastrophe bond, the Tremont Re Ltd. (Series 2026-1) issuance, but the company now aims to capitalise on investor appetite and has lowered the price guidance for the notes on offer, Artemis understands.

Olympus Insurance Company, a Florida homeowners specialist, has entered the catastrophe bond market for the first time, seeking to sponsor a $100 million Abacab Re Ltd. (Series 2026-1) transaction to secure a capital markets backed source of multi-year Florida named storm reinsurance protection, Artemis understands.

The North Carolina Insurance Underwriting Association (NCIUA) is now aiming to secure up to $600 million of annual aggregate named storm reinsurance protection from its Cape Lookout Re Ltd. (Series 2026-1) catastrophe bond, while the price guidance has been lowered for both tranches of notes on offer, Artemis can report.