Cat bond news

Hurricane Simon in the Pacific remains a very strong storm at major hurricane strength and is expected to sustain that status when it nears landfall on the Mexico coastline on Sunday, with its intensification and deeper pressure now putting the $175 million IBRD CAR Mexico 2024 (Pacific) parametric catastrophe bond at potential risk.

According to reports from Nepalese news sources, the country’s government Council of Ministers has approved signing a Mandate Agreement for the Nepal Earthquake Catastrophe Bond project with the World Bank.

Global reinsurance firm Hannover Re is bringing the seventh catastrophe bond offering in the annual parametric US earthquake risk series of deals, with an initial $200 million target for an Acorn Re Ltd. (Series 2026-1) issuance, Artemis has learned.

Hurricane Isaias is now forecast to intensify further to become a major Category 3 storm as it approaches the Gulf Coast today, outpacing meteorologists initial expectations. But, prior to landfall late today or early on Saturday, Isaias is expected to encounter wind shear and begin to weaken, which should lessen the impacts and keeps estimates […]

US military mutual insurer USAA has returned to the catastrophe bond market to sponsor what will be the 48th cat bond that we have analysed and tracked from the company, with an initial target for $225 million or more in reinsurance from this Residential Reinsurance 2026 Limited (Series 2026-2) issuance, Artemis has learned.

Our latest video features the second panel discussion of the day at our recent Artemis London 2026 catastrophe bond and insurance-linked securities conference, a session focused on catastrophe bonds and what the current state of the market means for investor, ILS investment manager and sponsor discipline.

Isaiais is now the first hurricane of the 2026 Atlantic season having intensified overnight and the forecast continues to suggest a Category 2 landfall on the Gulf Coast is a possible outcome, at which level of intensity reinsurance broker Gallagher Re said it would typically result in insured losses in the low to mid-single digit […]

We’ve learned that the new Great Wall Re Limited catastrophe bond issuance is $12 million in size, so presumably will provide an equivalent amount of capital markets backed reinsurance to the sponsoring Chinese domestic insurer, PICC Property and Casualty Company Limited.

Catastrophe bond funds structured in the UCITS format have now added more than $2.5 billion of assets in 2026 so far, with the sector nearing $21.8 billion of combined assets under management by the end of September 2026.

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 […]