Catastrophe bond news

Aon, the global insurance and reinsurance broking group, has expanded its Automated Event Response (AER) service to include US severe convective storms (SCS), further assisting carriers to manage losses from what Aon describes as the costliest insured peril of the 21st century on a cumulative basis.

GAM Investments has said that its catastrophe bond and insurance-linked securities partnership with global reinsurance giant Swiss Re has introduced enhanced liquidity and improved dealing terms across strategies and assets managed, while also saying new ILS product launches are planned for 2026.

Zurich, the European headquartered global re/insurance company, has returned to the catastrophe bond market to sponsor its first deal since late 2012, seeking $125 million or more in US named storm and earthquake reinsurance protection with a Turicum Re Ltd. (Series 2026-1) issuance, Artemis can report.

Allied Trust Insurance Company has now secured its targeted $100 million of fully-collateralized named storm reinsurance protection from the capital markets through its second catastrophe bond sponsorship, with the Sabine Re Ltd. (Series 2026-1) issuance now priced, Artemis has learned.

Olympus Insurance Company, a Florida homeowners specialist, continues to seek between $100 million and $150 million of reinsurance limit from its Abacab Re Ltd. (Series 2026-1) catastrophe bond issuance, but the company continues to aim to capitalize on investor appetite and has lowered the price guidance for the notes on offer once again, Artemis has […]

Two new private catastrophe bond arrangements have been issued by Artex Axcell Re, the Bermuda based Artex Risk Solutions operated transformer entity, with almost $48.26 million of notes sold to investors across the two series, Artemis has learned.

American Coastal Insurance Company (AmCoastal Insurance) is back in the catastrophe bond market, this time seeking multi-peril reinsurance from the capital markets with an initially $200 million target for an Armor Re II Ltd. (Series 2026-1) transaction, Artemis can report.

Reinsurance broker Howden Re has released a new report in which the firm sets out a framework for introducing a secondary reinsurance market, noting that it would allow carriers to more efficiently allocate risk, which would ultimately improve and drive greater overall capital efficiency.

Florida Peninsula Insurance Company is back in the catastrophe bond market looking to secure $150 million or more in named storm reinsurance from its third sponsorship of a Palm Re Ltd. (Series 2026-1) cat bond issuance, Artemis understands.

While public and private insurance-linked securities (ILS) offer distinct pathways to insurance risk premia, the choice between them involves more than just a calculation of risk and return. According to Mark Gibson, Senior Investment Director at Schroders Capital, the true dividing line for investors is the degree of liquidity and transparency they are willing to […]