Catastrophe bond news

RenaissanceRe, the global reinsurance company and third-party capital manager, has reported a 24.1% rise year-on-year in fee income earned from its reinsurance joint-venture vehicles and insurance-linked securities (ILS) funds in the third-quarter of 2025.

Major hurricane Melissa has intensified further to sustained winds of 185 mph and its minimum central pressure has now deepened to 892mb, which with the storm’s eye now well into the parametric boxes of Jamaica’s $150 million IBRD CAR Jamaica 2024 catastrophe bond suggests a 100% payout of principal is likely.

As per accountancy firm Deloitte’s 2026 Global Insurance Outlook, property and casualty (P&C) and life insurers are increasingly turning to investor-backed and other forms of alternative capital to navigate shifting market conditions.

As major hurricane Melissa bears down on the Caribbean island nation of Jamaica, the significant intensity of the storm could activate the country’s parametric catastrophe bond and insurance protection triggers which, should they pay out, will provide a valuable source of financial liquidity and recovery funding at a particularly challenging time for the country.

With catastrophe bond and related ILS issuance set to exceed the record $20 billion figure by the end of 2025, this momentum is expected to persist, as Brad Adderley, Partner at global law firm Appleby suggests that issuance will stay at least at its current size for the time being.

King Ridge Capital Advisors LLC, the specialist insurance-linked securities (ILS) investment manager and the sub-advisor to the Brookmont Catastrophic Bond ETF (ILS), has established a UCITS ETF catastrophe bond fund structure in Ireland.

Jamaica’s $150 million IBRD CAR Jamaica 2024 parametric World Bank catastrophe bond has been marked down on secondary pricing sheets and the US National Hurricane Center forecast cone still shows a major hurricane Melissa landfall.

Plenum Investments AG, the Swiss based specialist manager of catastrophe bond and insurance-linked securities (ILS) funds, has experienced substantial growth in assets raised for its Plenum European Insurance Bond Fund, a UCITS investment strategy focused on the debt issuances of European insurers.

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

Covéa Group, the French mutual insurer, has now lifted the target size for its new Hexagon IV Re Ltd. (Series 2025-1) catastrophe bond issuance to €250 million in fully-collateralized reinsurance protection, while at the same time the price guidance for each of the two tranches of notes on offer has been lowered for a second […]