Insurance linked securities news, ILS news

Vermont Mutual Insurance Company has now secured the 25% upsized target for $250 million of fully-collateralized multi-peril reinsurance from its new Baldwin Re Ltd. (Series 2025-1) catastrophe bond issuance, Artemis has learned.

The Colorado State University (CSU) tropical meteorology team has maintained its forecast for the 2025 Atlantic hurricane season to see above-average levels of activity, citing low odds of El Niño occurring during the peak season and keeping its forecast numbers relatively aligned with the recent 10-year average.

Kin Insurance has increased the size of its Florida reinsurance tower by 40% at the mid-year renewals, securing $1.4 billion of limits for that state, while its reinsurance coverage for other states (ex-CA) it operates in grew even more to surpass $250 million in limits.

Siena Capital Group, LLC has announced that it has appointed Ridwan Bari as its Chief Technology Officer (CTO), to spearhead technology strategy across the firm’s portfolio companies and lead the development of Caterina, the Group’s insurance-linked securities platform.

As investors grapple with the challenges of market concentration, rate uncertainty, and sustainability underperformance, insurance-linked securities (ILS) are emerging as a compelling solution for ESG-focused portfolios, according to Tiziana Maida, Head of Research at investment management, wealth planning and consulting specialist IPS Capital LLP.

Catastrophe bond issuance in the second-quarter of 2025 now looks set to exceed $10 billion, marking the period as the first where new cat bonds issued have reached that milestone in any official quarter, as activity this year continues to propel the market to new heights, Artemis’ data shows.

Here are the ten most popular news articles, week ending June 15th 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.

Having increased the capital base of its Lifson Re collateralized reinsurance sidecar structure and raised the proportional quota share for 2025, W. R. Berkley ceded a significant 82% more in reinsurance and retrocession premiums to the structure in the first-quarter of 2025.

At Artemis’ ILS NYC 2025 conference, a panel composed of leaders from across the ILS value chain delivered a bullish message about the future of the casualty insurance-linked securities (ILS) space.

Vermont Mutual Insurance Company has now raised the target size of its new Baldwin Re Ltd. (Series 2025-1) catastrophe bond issuance, with the company now looking to secure up to $250 million of capital markets-backed reinsurance protection to cover losses in north east US states.