Cat bond news

Catastrophe bond funds in the UCITS format experienced their best month of 2025 so far in July, as seasonality kicked in and lifted the average performance for the Plenum CAT Bond UCITS Fund Indices to a 4.39% return year-to-date.

Here are the ten most popular news articles, week ending August 10th 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.

According to Munich Re’s CEO, price pressure in reinsurance from alternative capital and insurance-linked securities (ILS) investors is “simply non-existent” with no major build-up of ILS capital seen and Joachim Wenning also does not believe reinsurance is soft.

Strategic Risk Solutions, Inc., an independent provider of insurance, reinsurance and captive management and consulting services, has promoted long-standing employee Andrew Hupman as its new head of office for SRS Bermuda.

The Mangrove Risk Solutions private insurance-linked securities (ILS) platform operated by Marsh McLennan and reinsurance broker Guy Carpenter has issued another private cat bond lite deal, as a roughly $22.43 million Mangrove Risk Solutions Bermuda Ltd. (Series 2025-C1) transaction has come to market, Artemis has learned.

The Los Angeles Department of Water and Power (LADWP), the largest municipal utility operating in the United States, has scaled back its latest catastrophe bond issuance, with the company now targeting $100 million of wildfire protection from its 123 Lights Re Ltd. (Series 2025-1) deal, down from earlier guidance of up to $150 million, Artemis […]

This morning we are pleased to announce a keynote speech from the Bank of England and also to reveal the agenda outline for our upcoming catastrophe bond and insurance-linked securities (ILS) conference, Artemis London 2025. Held in London on September 2nd, there are just a few weeks to go. Register to attend here.

Fermat Capital Management has shuttered the long-standing GAM FCM Cat Bond Fund, an offshore strategy it took over as part of its recent separation with asset manager GAM, with substantially all of the investors having now moved to its newer offshore Fermat Cat Bond Fund, Artemis can report.

Conditions in the Atlantic tropics now look more favourable than they did one month ago, which has led Tropical Storm Risk (TSR) to slightly increase its forecast for the 2025 Atlantic hurricane season, with activity levels now anticipated to be around 15% above normal.

The overall yield of the catastrophe bond market has begun its seasonal decline over the last month as the typical hurricane season spread tightening regime set in, according to cat bond fund manager Plenum Investments.