Cat bond fund news

RenaissanceRe’s third-party capital and insurance-linked securities management unit Capital Partners generated just over $83 million of fee income for the company in the second-quarter of 2026, while the reinsurer exhibited disciplined cycle management by underwriting fewer premiums and buying more retrocession in the period.

The Ambassador US mutual fund strategy operated by Embassy Asset Management that allocates to catastrophe bonds and private insurance-linked securities (ILS) that we believe to be largely ILW’s, has grown its assets under management further to reach almost $900 million as of this week.

Swisscanto Asset Management International S.A. has launched its first UCITS catastrophe bond fund under Luxembourg Law, the Swisscanto (LU) Bond Fund Cat Bonds, debuting with just over US $25 million in assets under management (AUM).

While the overall catastrophe bond market yield or coupon available to investors continued to rise through the month of June 2026, Plenum Investments noted that softening remains the dominant trend across new cat bond issuance.

According to the latest data from the Plenum CAT Bond UCITS Fund Indices, catastrophe bond fund strategies in the UCITS format averaged a 0.62% return for the month of June 2026 which beat last year, while the rolling-twelve month return rose slightly to 10.22% as a result of the stronger month.

Fermat Capital Management, the specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has set up and launched a United States domiciled cat bond fund structure to support access to the asset class for US taxable investors and those that cannot invest offshore, Artemis can report.

Catastrophe bond market momentum accelerated through the second-quarter of 2026 and has broken many records, with more than $11.3 billion of new risk capital analysed and tracked in the period, making Q2 2026 the biggest single quarter in the history of the cat bond market and driving H1 to set another high bar, Artemis’ new […]

The Victory Pioneer CAT Bond Fund has now surpassed the $2 billion in assets under management milestone, extending its AUM to $2.2 billion by June 30th 2026. The combined AUM across dedicated mutual and institutional insurance-linked securities (ILS) funds managed by the Pioneer Investments team has now grown to over $5.8 billion.

During periods of market stress, waves of selling are typically triggered by balance-sheet constraints, funding pressures, and forced deleveraging. Because of this, investors often presume that catastrophe bonds, particularly in an ETF format, will mimic high-yield credit during a macro crisis, experiencing the same indiscriminate selling and liquidity breakdowns.

With the 2026 Atlantic hurricane season now underway, the key meteorological factors influencing tropical cyclones have pointed towards a below-average season in terms of storm numbers, which affects the tactical positioning of an insurance-linked securities (ILS) or catastrophe bond portfolio, a new report from Solidum Partners AG has highlighted.