Catastrophe bond news

According to reinsurance broker Gallagher Re, non-life alternative reinsurance capital grew by USD $4 billion, or 4% over the first half of 2025 to reach $118 billion, with the broker also noting that traditional reinsurance capital is growing at a faster rate.

Investment banking giant Goldman Sachs has hired two experienced catastrophe bond and insurance-linked securities (ILS) structuring specialists, as it looks to expand its capabilities in the space once again, Artemis has learned.

Nephila Capital, one of the world’s largest and longest-standing insurance-linked securities (ILS) managers, has selected financial technology provider SEI to support its back and middle-office operations in both North America and the UK, as the manager continues to grow its presence in the ILS market.

The insurance-linked securities (ILS) market experienced a strong month of returns in July 2025 according to the ILS Advisers Fund Index, with private ILS funds leading the way and on average now positive for the year to July 31st as a group, having erased the negative effects of California wildfires at the start of the […]

Our catastrophe bond and insurance-linked securities (ILS) conference, Artemis London 2025 is tomorrow. Held in London on September 2nd, over 220 people are joining us for a full-day of in-depth discussion about the ILS market and valuable networking. Register to attend and join the crowd.

Here are the ten most popular news articles, week ending August 31st 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.

Three key dominant trends have been revealed following a record period of catastrophe bond issuance according to Richard Pennay, CEO, Aon Securities, the specialist investment banking and insurance-linked securities (ILS) broker-dealer unit of the global insurance and reinsurance broker.

Swiss Re, one of the world’s largest reinsurance companies, is back in the catastrophe bond market for what will be its third sponsorship this year, targeting $75 million or more in North America earthquake retrocession from a Matterhorn Re Ltd. (Series 2025-3) transaction, Artemis has learned.

Insurer USAA is set to return a further $25 million of catastrophe bond capital to investors from the extended notes of its Residential Reinsurance 2021 Limited (Series 2021-1) aggregate cat bond, presumably as loss development has continued to be more favourable under the coverage provided, this publication has learned.

The amount of alternative capital in reinsurance supplied by insurance-linked securities (ILS) strategies and structures has reached a new high of $121 billion as of the middle of 2025, which Aon Securities notes was driven by strong catastrophe bond growth and supported by ongoing expansion of the sidecar sector as well.