Catastrophe bond news

Here are the ten most popular news articles, week ending August 3rd 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 United Nations Office for Disaster Risk Protection (UNDRR) has published details of a proposal for a high-level Disaster Resilience Adaptation Financing (DRAF) structure that features an insurance-linked securities (ILS) vehicle, to support disaster risk insurance coverage and resilience adaptation financing.

Having purchased aggregate retrocessional reinsurance and secondary peril protection earlier this year after the California wildfires, reinsurer Conduit Re intends to continue evolving its retrocession strategy in 2026, to better protect against these types of events, its CEO Neil Eckert explained this week.

Catastrophe bond funds have outpaced private ILS funds included in the ILS Advisers Fund Index for the first-half of 2025 and across the group of 37 constituent insurance-linked securities (ILS) funds tracked by the Index, the average return for the six months was 2.05%.

US primary insurer Allstate has purchased a new aggregate reinsurance cover for its US homeowners business at the mid-year renewals, adding what is a new protection feature for the company that covers events greater than $1 million and will provide $325 million of placed aggregate limit, across a $500 million layer excess of a $3.5 […]

Everest Group, the global insurance and reinsurance specialist, acknowledged rising competition across reinsurance, but its CEO Jim Williamson highlighted that pricing on its mid-year renewal portfolio was roughly flat, with preferential rates and terms achieved, while he sees the property catastrophe market as still disciplined and the market as still “very hard”.

An Artex Risk Solutions entity has issued a new private catastrophe bond arrangement, with the roughly US $4 million Artex Axcell Re (Series FE0002) transaction appearing to be a possible renewal of a previous deal, while also being denominated in Japanese Yen suggesting the cat bond lite likely covers perils from that country.

Catastrophe bond market momentum is anticipated to continue through the second-half of 2025, which added to a significant record set for the first-half leads Swiss Re Capital Markets to say the cat bond sector is positioned for an exceptional year of issuance.

The Early Bird rate for our upcoming catastrophe bond and insurance-linked securities (ILS) conference, Artemis London 2025 expires at the end of this month, so register today to secure a ticket at the best possible price.

In an interview with Artemis, Terrence McLean, Chief Executive Officer (CEO) of SageSure, discussed the firm’s debut reinsurance sidecar transaction Seawall Re Ltd., stating that he thinks of it as the first in a series of additional transactions which has a direct focus on sideways and other perils.