US primary insurance carrier Allstate is aiming to upsize its latest catastrophe bond, with the company now targeting up to $125 million of collateralized multi-peril catastrophe reinsurance from the Sanders Re III Ltd. (Series 2022-3) issuance.Read the full article
Cat bond news
Cat bond news – news and analysis covering the market for catastrophe bonds and other catastrophic peril insurance-linked securities (ILS), including all the cat bond issuance news, cat bond market trends, cat bond analysis and catastrophe bond market data.
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Today we are announcing the second wave of expert speakers who will be joining us at our next insurance-linked securities (ILS) conference, Artemis ILS NYC 2023 on February 10th in New York City. Please register soon to guarantee your place at the conference.Read the full article
Catastrophe bond funds, as measured by the Plenum CAT Bond UCITS Fund Indices, continued to recover more of the ground lost since hurricane Ian, gaining 0.40% in the last week.Read the full article
The insurance-linked securities (ILS) market looks particularly attractive for 2023 on the back of rising premiums and tighter control over terms and structures, leading Michael Stahel of LGT ILS Partners to call the opportunity-set “truly exciting”.Read the full article
Liberty Mutual, the U.S. primary insurance giant and global reinsurance player, has returned to the catastrophe bond market in search of $125 million or more in collateralized reinsurance against peak peril events, with a Mystic Re IV Ltd. (Series 2023-1) transaction.Read the full article
Here are the ten most popular news articles, week ending November 27th 2022, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.Read the full article
As of the third-quarter of 2022, global reinsurance giant Hannover Re had expanded its activities in the insurance-linked securities (ILS) and collateralised reinsurance space to include more than 1,500 program participations fronted for.Read the full article
USAA, the U.S. primary mutual insurer, has upsized its latest catastrophe bond, so the Residential Reinsurance 2022 Limited (Series 2022-2) is now set to provide the company $195 million of reinsurance protection, while pricing of both tranches of notes settled at the top-end of initial guidance, Artemis has learned.Read the full article
Super Early Bird ticket sales for our next insurance-linked securities (ILS) market conference, Artemis ILS NYC 2023, will end on November 25th, after which the price will rise. So please register today to secure your place at the lowest possible cost.Read the full article
For our latest Artemis Live video interview, we discussed the state of the catastrophe bond market after hurricane Ian and the opportunities now available to investors with Florian Steiger, Head of Cat Bonds at specialist ILS and reinsurance asset manager Twelve Capital.Read the full article