Cat bond news

Heritage Insurance Holdings, Inc., a nationally expansive US property and casualty insurer headquartered in Florida, is back in the catastrophe bond market again with an initial target to secure $250 million or more in collateralized US named storm reinsurance from a Citrus Re Ltd. (Series 2026-1) issuance, Artemis has learned.

SageSure, the catastrophe-exposed property specialist MGU, has now finalised its latest catastrophe bond sponsorship, securing the targeted $175 million of multi-peril reinsurance protection through the Gateway Re Ltd. (Series 2026-2) deal to protect the Auros Reciprocal Insurance Exchange and Interboro Insurance Company, this publication has learned.

Plenum Investments, the Zurich based specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has reached a new milestone with more than US $2 billion of assets under management across its funds and strategies for the first time.

American Integrity Insurance Company has now secured $260 million of named storm reinsurance protection from its new Integrity Re III Ltd. (Series 2026-1) catastrophe bond sponsorship, while the coverage has been secured at below guidance pricing for each of the four tranches of notes, Artemis understand.

The California FAIR Plan Association has now successfully secured its upsized target of $400 million of multi-year wildfire reinsurance protection through its second catastrophe bond sponsorship, with the Golden Bear Re Ltd. (Series 2026-2) cat bond now priced, Artemis can report.

With the insurance-linked securities (ILS) sector continuing to expand, institutional investor appetite within the space has been resurgent. A new paper from consultancy firm bfinance acknowledges that manager selection within the market involves distinct challenges, with unique investment risks and notable operational complexity to consider.

Lumen Re, the main reinsurance underwriting entity of LGT ILS Partners, has now successfully priced its debut Photon Re Ltd. (Series 2026-1) catastrophe bond issuance below guidance, securing $175 million in retrocessional protection against losses from North American peak perils, Artemis can report.

A recent report from Global Parametrics has acknowledged that catastrophe bonds can be part of the solution to risk financing for humanitarian organisations. The firm suggests that for humanitarian organisations requiring substantial capacity, multi-year cat bonds, as well as parametric products may secure greater limits and provide longer-term protection than other financial instruments, but only as […]

Here are the ten most popular news articles, week ending February 22nd 2026, 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.

QBE, the global re/insurer, sees alternative reinsurance capital as an important lever to allow the company to deliver sustainable returns in the mid-teens, according to its CEO Andrew Horton and CFO Chris Killourhy, with recent catastrophe bond and casualty sidecar initiatives seen as early deals to help in building a profile within ILS markets.