Cat bond fund news

Euler ILS Partners, the specialist Swiss insurance-linked securities (ILS) investment manager, has promoted long-standing team member Jean Kündig to Partner and Investment Director.

Catastrophe bond market yields rose again through the month of April 2026, as seasonal spread widening effects lifted total returns to almost 9.3%, reducing the year-on year decline in cat bond market coupon to 11% by May 1st, the latest data from Plenum Investments shows.

RenaissanceRe’s third-party capital and insurance-linked securities management unit Capital Partners is considered an “important source of resilience” for the company and a key differentiator, especially for clients that “value, scale, reliability and flexibility,” according to CEO Kevin O’Donnell.

RenaissanceRe reported a 209% increase in fee income earned from its range of reinsurance joint venture vehicles and insurance-linked securities structures in the first-quarter, while investors benefitted from meaningful income and opted to take profits after the strong performance of these strategies.

Twelve Securis, the specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has extended its long-standing collaboration with Bank J. Safra Sarasin to now include distribution across Italy and Spain.

Catastrophe bond funds in the UCITS format continued to expand their combined assets under management (AUM) through the first-quarter, surpassing the milestone $20 billion in February before declining slightly to just under $19.8 billion by the end of March 2026.

The Victory Pioneer CAT Bond Fund is approaching a new milestone of $2 billion in assets under management, while the combined AUM of the dedicated mutual and institutional insurance-linked securities (ILS) funds managed by the Pioneer Investments team is now over $5.2 billion.

UCITS catastrophe bond funds returned 0.35% on average through the period of February 27th to March 27th 2026, which has lifted their year-to-date performance to 1.35%, according to new data from the Plenum CAT Bond UCITS Fund Indices.

RenaissanceRe Capital Partners, the third-party reinsurance capital management and insurance-linked securities (ILS) unit of the Bermuda-headquartered reinsurance firm, has promoted Roger Beach to Vice President in the Business Development and Investors Relations function.

Catastrophe bond market yields rose slightly through the month of March 2026 as seasonal widening effects resulted in a higher risk spread or discount margin for cat bonds. Which slimmed the year-on-year decline in the coupon to around 13%, the latest data from Plenum Investments shows.