Cat bond news

Fermat Capital Management, the specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has told Artemis that the firm was not consulted on the termination of its investment management partnership with GAM.

Catastrophe bonds are once again showing their value as a source of portfolio stability, with specialist cat bond fund managers Plenum Investments and Icosa Investments AG highlighting the sector’s calm performance despite growing volatility in broader financial markets tied to U.S. tariff tensions and macroeconomic uncertainty.

USAA is back with the 45th catastrophe bond issuance we have tracked that the company has sponsored, initially targeting $400 million of annual aggregate reinsurance protection from a new Residential Reinsurance 2025 Limited (Series 2025-1) deal, Artemis can report.

Having announced a new partnership this morning, that sees reinsurer Swiss Re becoming co-manager of the GAM Investments operated and distributed catastrophe bond and insurance-linked securities (ILS) funds, executives told us that “nothing is off the agenda” and they see an opportunity to expand the range of ILS products offered.

Louisiana Citizens Property Insurance Corporation, a non-profit residential and commercial property insurer for those unable to access private market insurance in the state, is back in the catastrophe bond market with a $200 million initial target for collateralized named storm reinsurance from a Bayou Re Ltd. (Series 2025-1) issuance, we have learned.

Tech-enabled property insurance firm Slide Insurance Company has returned to the catastrophe bond market to sponsor what looks set to be its biggest issuance to-date, with a $250 million target for named storm reinsurance through a Purple Re Ltd. (Series 2025-1) transaction.

GAM Investments has announced the hire of well-known insurance-linked securities (ILS) industry executive Dr. Rom Aviv as its new Head of ILS, a move that comes as GAM announced that reinsurance firm Swiss Re will take on co-investment management responsibilities for its catastrophe bond and insurance-linked securities (ILS) funds.

Citizens Property Insurance Corporation is back with a significant initial target to secure at least $975 million in named storm reinsurance protection from a new Everglades Re II Ltd. (Series 2025-1) catastrophe bond, as Florida’s property insurer of last resort looks to expand the capital markets participation in its reinsurance tower this year, Artemis can […]

Swiss Re Insurance-Linked Investment Advisors Corporation (SRILIAC), a registered investment adviser subsidiary of global reinsurance company Swiss Re, is taking on co-investment management duties for the range of catastrophe bonds and insurance-linked securities (ILS) funds offered by global asset manager GAM.

Here are the ten most popular news articles, week ending April 6th 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.