Catastrophe bond news

With the recent completion of the eleventh transaction under the Gateway Re series of catastrophe bonds, SageSure now stands at seventh in the Artemis catastrophe bond sponsor leaderboard, something the firm’s CEO Terence McLean hailed in an announcement today.

Today we are delighted to announce another wave of expert speakers who will join our upcoming catastrophe bond and insurance-linked securities (ILS) conference, Artemis London 2025. Held in London on September 2nd, the event will feature a full-day of in-depth discussion about the ILS market and valuable networking. Register to attend here.

The insurance-linked securities (ILS) market has returned in recent years, with meaningful investor interest being seen again. But the ILS market has resurged in a much healthier way and the expectation is it will remain more balanced with the rest of reinsurance, according to Jim Williamson, President and CEO, Everest Group.

Swiss Re, the global reinsurance company, is now aiming for reduced pricing for its latest catastrophe bond sponsorship, with the still $65 million Matterhorn Re Ltd. (Series 2025-2) wind and quake retrocession cat bond transaction now seeing its price target reduced to the low-end of guidance, Artemis has learned.

The Colorado State University (CSU) tropical meteorology team has lowered its forecast for the 2025 Atlantic hurricane season slightly on all counts, citing strong observed and forecast Caribbean wind shear as an inhibitor to Atlantic hurricane activity, but continuing to predict an above-normal level of activity.

Shifting U.S. trade and immigration policies are introducing a new, unmodeled layer of risk for the insurance-linked securities (ILS) market, according to Jack Burdick, Senior Associate at investment manager Neuberger Berman.

Artemis has learned of a new $9.525 million private catastrophe bond that has been issued by German reinsurance company Hannover Re’s Bermuda-based structure Kaith Re Ltd., with the LI Re (Series 2025-1) deal assumed to be providing privately placed collateralized and securitized catastrophe reinsurance capacity for an unknown sponsor.

We’ve learned of a new $25 million Eclipse Re Ltd. (Series 2025-2A) private catastrophe bond arrangement, which is the first issuance from the Eclipse Re platform that we have reported on this year.

Catastrophe bond issuance has already beaten the headline annual record in 2025, as new deals have taken the figure to over $17.8 billion, beating last year’s record and putting the $20 billion milestone clearly in sight, according to Artemis’ data on the market.

Tropical Storm Risk (TSR) has updated its forecast for the 2025 Atlantic hurricane season today, lowering the forecast for storm, hurricane and major hurricane numbers, while also dropping the forecast for US hurricane landfalls back to 2.