Cat bond news

Large US insurance firm Allstate has announced an estimated pre-tax catastrophe loss burden for the month of August 2025 of $213 million, which has lifted the total for the current annual aggregate risk period for its catastrophe bonds to $2.387 billion so far.

Japanese reinsurance cedents continue to access the insurance-linked securities (ILS) market for capacity with the catastrophe bond the preferred structure, underscoring the strategic role of cat bonds, AM Best has said. But changes coming to the Japanese insurance market through M&A could influence the amount of risk flowing to the ILS market, at least for […]

Speaking during a webinar held in August by the team behind the Brookmont Catastrophic Bond ETF (ILS), Rick Pagnani, co-founder of King Ridge Capital Advisors LLC, the firm that manages the cat bond ETF portfolio, said that while spreads have tightened in the space he believes they still adequately compensate for the risk.

Another new private catastrophe bond transaction, or cat bond lite deal has come to light, with $15 million of privately placed Kettering insurance-linked securities (ILS) notes issued by a Bermuda based Artex Risk Solutions operated transformer entity, Artemis has learned.

Global reinsurance giant Swiss Re is bringing together its insurance-linked securities (ILS) investment management operations under the Swiss Re Insurance-Linked Investment Advisors Corporation (SRILIAC) brand and the combined ILS management unit will be led by long-standing executive Mariagiovanna Guatteri.

As extreme weather events become more frequent and severe, closing the widening climate protection gap has never been more urgent. According to Elizabeth Henderson, Global Head of Climate Advisory at broker Aon, financial tools such as parametric insurance, catastrophe bonds, and public-private partnerships (P3) are critical towards building resilience and closing the gap.

AXA Investment Managers (AXA IM) has added a new portfolio manager to its insurance-linked securities investment team, with Jeevan Singh Upaul joining the company from his most recent role at re/insurer MS Amlin.

Two more private catastrophe bonds have come to light from the Eclipse Re Ltd. transformer vehicle, which has taken the total issued by the Artex managed structure to $118.2 million in 2025 so far across seven series of notes, lifting private cat bond issuance tracked by Artemis to $496.51 million year-to-date.

Swiss Re has now seen its new Matterhorn Re Ltd. (Series 2025-3) North America earthquake catastrophe bond successfully priced, finalising the issuance to secure a one-third upsized $100 million of protection, while the spreads settled at the low-end of reduced guidance, Artemis has learned.

Here are the ten most popular news articles, week ending September 14th 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.