Cat bond fund news

Catastrophe bond insurance risk spreads declined by 9.5% during the month of September 2026 as wind seasonality took hold, but with treasury yields having risen the increase to the risk free rate of return on collateral served to offset the impact to the cat bond market coupon available to investors, the latest data on cat […]

Catastrophe bond funds structured as UCITS investment strategies are now averaging a 6.67% return for the year to September 25th 2026, which is already the fourth best year on record for the Plenum CAT Bond UCITS Fund Indices.

Nuveen, a US asset manager subsidiary of TIAA, has now completed its acquisition of Schroders in a ~£9.9 billion deal, today setting out a plan to operate separately for 12 to 18 months then realise integration synergies, among which of greatest relevance to our readers private markets is expected to be organised by asset class.

Catastrophe bond issuance was above-average at $948 million for the third-quarter of the year which has served to keep the market on pace to set new records, with total nine-month 2026 issuance reaching a new $18.9 billion high of risk capital analysed and tracked by Artemis, our latest quarterly catastrophe bond market report shows.

The Victory Pioneer CAT Bond Fund has now grown by over $1 billion in assets through 2026 year-to-date, with the strategy reaching $2.76 billion in AUM this month. Meanwhile, the combined AUM across dedicated mutual insurance-linked securities (ILS) funds managed by the Pioneer Investments team now stands at almost $3.66 billion.

The Ambassador US mutual fund strategy operated by Embassy Asset Management, that allocates its capital to catastrophe bonds and private insurance-linked securities (ILS) that we believe to be largely ILW’s, has reached a new milestone with its net assets under management practically at $1 billion.

Given insurance-linked securities’ (ILS) ability to offer a bounded allocation whose premium compensates for real and imperfectly correlated tail risk, a new paper by Omnigence Asset Management suggests that ILS remains one of the most credible candidates for diversification when traditional stock-bond relationships falter.

Members Capital Management Limited (MembersCap) executives told us the company has recently launched its first catastrophe bond fund strategy to expand its offering to clients, while also disclosing that it was the investor behind a recent innovative industry-loss warranty (ILW) transaction.

During August 2026 catastrophe bond seasonal spread tightening accelerated and as a result the catastrophe bond market yield, or coupon available to investors, fell around 4.5% in the month. Which leaves it now 13% lower than it was at the same time last year, according to the latest data on cat bond yields from Plenum […]

Catastrophe bond fund structured in the UCITS investment format delivered their strongest month of performance year-to-date through the August days of record, averaging 1.24% for the period, while the 12-month rolling return average across the Plenum CAT Bond UCITS Fund Indices slipped a little further to 9.82%.