Cat bond news

Allianz Global Investors, an active investment manager unit of the global insurance group with EUR 562 billion under management, has recommended catastrophe bonds as a burgeoning asset class offering its clients welcome diversification in a volatile environment.

Insurance-linked securities (ILS) capital is shaping reinsurance pricing in the upper-layers, but how the year-end renewals will play out depends on the rest of hurricane season, the potential for any capital to be trapped and the amount of fresh inflows, according to Mike van der Straaten, the CEO of Antares Global.

Franklin Templeton Investment Solutions, the more hedge fund focused part of the global asset manager, has maintained its strongly overweight conviction on the catastrophe bond asset class, while adopting a neutral stance on all other insurance-linked securities (ILS).

During a panel discussion at the ILS Bermuda Convergence 2025 conference yesterday, speakers were asked to discuss what they’ve seen in the way of improvements in the insurance-linked securities (ILS) asset class over the last five years, with the institutionalisation of ILS and continuing efforts in educating investors both seen as key.

Rest Super, one of the Australian superannuation funds that has around 2 million members and $100 billion in funds under management, has grown its insurance-linked securities (ILS) allocation to catastrophe bonds through ILS manager Twelve Securis over the last year to around US $242 million.

USAA has increased the target size for its new catastrophe bond with now $400 million in multi-peril per-occurrence catastrophe reinsurance protection sought from the Residential Reinsurance 2025 Limited (Series 2025-2) deal, Artemis has learned.

As the insurance-linked securities (ILS) industry meets in Bermuda over the next few days at the 2025 edition of the ILS Bermuda Convergence event, the organisers believe that the island is “uniquely positioned to host next-generation risk financing solutions” with its deep connectivity between reinsurance and ILS capital markets.

Qube Research & Technologies (QRT), the global quantitative and systematic investment manager, has made another hire for its insurance-linked securities (ILS) team, adding Dr. John Ery an experienced ILS portfolio manager from reinsurance firm SI Re, Artemis has learned.

Covéa Group, the French mutual insurer, has returned to the catastrophe bond market for its fifth cat bond deal, seeking €200 million or greater in fully-collateralized reinsurance protection with this Hexagon IV Re Ltd. (Series 2025-1) issuance targeting expanded coverage in both occurrence and aggregate formats, Artemis understands.

Here are the ten most popular news articles, week ending October 12th 2025, 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.