Catastrophe bond news

Here are the ten most popular news articles, week ending October 12th 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.

The Government Superannuation Fund Authority of New Zealand has demonstrated its growing appetite to invest into catastrophe bonds and other catastrophe reinsurance opportunities, by adding insurance-linked securities (ILS) specialist Elementum Advisors to its roster of managers this year.

As the global insurance-linked securities (ILS) market evolves and expands, so too do its operational complexities and counterparty risks. This evolution elevates the trustee from a mere administrator to an essential partner, providing the stability and confidence that allows market participants to thrive in an increasingly demanding landscape, HSBC Bank explains.

According to Moody’s Ratings, issuance of higher expected loss (EL) catastrophe bonds has risen slightly in 2024 and 2025, as pricing for higher-severity risks has declined, encouraging investors to allocate more capacity to higher-frequency exposures.

Secondary market prices of some catastrophe bonds that provide their sponsors aggregate reinsurance or retrocessional coverage have been increasing at what is viewed as being a faster pace, than is typically anticipated, in recent months, with some sources suggesting a contributor is the fact hurricane season has so far run loss-free in 2025.

In a third interval fund launched under the partnership between alternative asset manager Calamos and specialist alternative investment consultant Aksia insurance-linked securities (ILS) are a component, as the newly launched Calamos Aksia Hedged Strategies Fund (HEDGX) has an allocation to the RenaissanceRe Medici catastrophe bond strategy.

As the insurance-linked securities (ILS) market moves into 2026, GC Securities aims to grow its business by expanding in catastrophe bonds, property sidecars, casualty ILS, multiline facilities, and surplus notes, while also putting a particular focus on artificial intelligence, senior leaders from the firm told Artemis in an interview.

With the catastrophe bond market growing at a rapid pace, the sector is well-positioned to support a broader sponsor base. The increased participation of large institutional investors, whose ability to deploy meaningful allocations remains a testament to the market’s credibility and scalability, further underscores this strength, Luca Albertini, CEO of Leadenhall Capital Partners LLP told […]

CalPERS, the largest public pension fund in the United States with total assets under management of over $582 billion, is making its first ever investment allocation to the insurance-linked securities sector, we understand in catastrophe bonds, Artemis has learned.

Arini Capital Management, a specialist multi-strat credit alternatives investment manager, has seemingly marked its entry into catastrophe bonds with the hiring of experienced cat bond portfolio manager Shang-Wei Ye, who is best known for his time analysing and managing cat bond fund assets at Securis.