Catastrophe bond news

The United Nations World Food Programme (WFP) is progressing a plan to become the first to utilise catastrophe bonds for food security financing, in a novel transaction that would see it become the first UN agency to sponsor a cat bond, with a target to source up to $100 million in risk transfer to boost […]

Louisiana Citizens Property Insurance Corporation continues to target $150 million of named storm reinsurance from its twelfth catastrophe bond sponsorship, while the price guidance for the Bayou Re Ltd. (Series 2026-1) notes that are being offered has been lowered slightly, Artemis has learned.

Here are the ten most popular news articles, week ending April 26th 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.

The Asian Development Bank’s (ADB) first catastrophe bond offerings have now been successfully priced in the market, with the result being a $160 million capital market-backed source of parametric earthquake and extreme precipitation disaster risk financing, evenly split between the Kyrgyz Republic and Tajikistan.

Mangrove Property Insurance, a company that launched to offer homeowners’ insurance in Florida in early 2025, is now seeking to sponsor its debut catastrophe bond, seeking $100 million of named storm reinsurance from its first Buttonwood Re Ltd. (Series 2026-1) issuance, Artemis has learned.

Global reinsurance giant Swiss Re is back in the catastrophe bond market to sponsor its second issuance of the year, with an initial target to secure $250 million of US named storm per-occurrence based retrocessional protection through a Matterhorn Re Ltd. (Series 2026-2) transaction, Artemis can report.

American Coastal Insurance Company (AmCoastal Insurance) has now successfully priced its latest catastrophe bond, securing the targeted $200 million multi-peril reinsurance from the capital markets from its Armor Re II Ltd. (Series 2026-1) issuance, this publication has learned.

While the broader catastrophe bond market often adopts a wait-and-see posture until the Atlantic hurricane season passes, the current 2026 landscape suggests that the most compelling value may be found during this window of peak uncertainty, according to Ethan Powell, Principal & Chief Investment Officer of Brookmont Capital Management, LLC.

While early forecasts for this year’s Atlantic hurricane season appear mixed, Dr. Benjamin Hohermuth of Schroders Capital ILS suggests that for insurance-linked securities (ILS) portfolios, the regional message is far more important than basin-wide totals. This regional focus creates vital scope for portfolio repositioning ahead of the season and for tactical trading as conditions evolve.

Given Hong Kong’s open and sophisticated financial market, along with its distinct connection with the Chinese Mainland and the support of roughly 3,380 family offices, the major city is ideally placed to promote the usage of alternative risk transfer tools and ILS, according to Stephen Yiu, Chairman of the Hong Kong Insurance Authority (IA).