Catastrophe bond news

Hannover Re’s Bermuda-domiciled transformer vehicle Kaith Re Ltd. has issued $75 million of Seaside Re private catastrophe bond notes across seven numbered series, with all exposed to US property catastrophe risks, providing reinsurance or retrocession for an unknown sponsor or sponsors.

Here are the ten most popular news articles, week ending January 25th 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.

Despite a decrease in spread multiples, the private insurance-linked securities (ILS) market continues to remain attractive both in absolute terms and in comparison, to the catastrophe bond market, Stephan Ruoff from Schroders Capital told Artemis.

Aetna, the health, medical and benefits insurance unit of CVS Health, has now secured the targeted $250 million of health care related reinsurance from its new Vitality Re XVII Ltd (Series 2026) catastrophe bond, pricing all three tranches at the top of initial guidance or above.

With Fidelis Insurance Group having recently settled its eighth Herbie Re catastrophe bond issuance, Ian Houston, Chief Underwriting Officer explained that the transaction delivers “substantial capital efficiency” and provides broad protection to The Fidelis Partnership MGU businesses as well.

With surging issuance and demand from investors in 2025, it was the year that the original vision for what the catastrophe bond market could become was realised, as they cemented their position as core protection and became a truly established asset class, investment manager Twelve Securis has said.

US primary insurer Allstate is back in the catastrophe bond market seeking $500 million of fully-collateralized multi-peril per-occurrence catastrophe reinsurance protection through dual issuances of Sanders Re IV Ltd. (Series 2026-1A) and Sanders Re III Ltd. (Series 2026-1B) cat bond series.

We are told that the price guidance has now been raised for all three tranches of notes from Aetna’s latest health care risk insurance-linked securities offering, while the target remains to secure $250 million of reinsurance from the Vitality Re XVII Ltd (Series 2026) deal.

SafePoint Insurance Company has returned to sponsor a new catastrophe bond, initially targeting a $150 million source of multi-year named storm reinsurance protection from capital market investors through a Nature Coast Re Ltd. (Series 2026-1)  issuance, Artemis has learned.

Following the closure of the new Meritage Re Ltd. (Series 2026-1) catastrophe bond by entities linked to MGU SageSure, John Forney, President and CEO of GeoVera Nova, one of the sponsors of the issuance, has expressed gratitude for the strong investor response that the cat bond received from the insurance-linked securities (ILS) market.