Cat bond fund news

Azimut Investments, part of the independent European asset management and financial services group, has gained approval from the regulator in Ireland for a new UCITS catastrophe bond fund, which will be named AZ Alternative – Insurance Linked Premium Yield, Artemis can report.

The average year-to-date return of catastrophe bond investment funds in the UCITS format in 2025 reached 9.60% by November 28th, while some strategies in the category of pure cat bond funds have moved into the double-digits at this stage, according to the latest data from the Plenum CAT Bond UCITS Fund Indices.

The overall yield of the catastrophe bond market, or the total coupon return, fell to just under 8.70% as of November 28th 2025, but the decline in the cat bond market insurance risk spread, or discount margin, was slower in the last month, the latest data from Plenum Investments shows.

RenaissanceRe Capital Partners, the third-party and ILS capital management division of the global reinsurance company, has added former Swiss Re executive Edward Johnson as a Senior Vice President for Business Development with responsibility across the EMEA and APAC regions.

King Ridge Capital Advisors LLC, the specialist insurance-linked securities (ILS) investment manager, has launched its awaited UCITS exchange traded catastrophe bond fund (ETF) in partnership with UCITS ETF white-label platform provider HANetf, with the strategy already having a designated lead market maker in place.

Shuriken Capital Management LLC is launching as a new insurance-linked securities investment manager. The firm has a mandate to allocate capital to catastrophe bonds and other collateralized reinsurance or ILS instruments, while it is supported and backed by Florida-headquartered Safepoint Holdings, Inc., the parent of Safepoint Insurance Company.

The Brookmont Catastrophic Bond ETF is gaining momentum with a surge in trading volumes over the last two months and its assets under management (AUM) surpassing the US $25 million mark.

Since the European Securities and Markets Authority (ESMA) published its technical advice to the European Commission (EC) on the UCITS Eligible Assets Directive (EAD) and what that could mean for catastrophe bonds in UCITS funds, the Authority has been notably silent on the matter.

Schroders Capital, the private assets division of the global asset manager with a specialist insurance-linked securities (ILS) investment management business, has become the second manager in the catastrophe bond market to take its UCITS cat bond fund strategy over US $4 billion in assets under management (AUM).

The UCITS exchange traded catastrophe bond fund (ETF) that is being launched by specialist investment manager King Ridge Capital Advisors LLC is set to be listed on three major exchanges under the ticker symbol CATB, Artemis has learned.