insurance

Among the data points we track during the timeline of each catastrophe bond issuance, are the movements in pricing between the mid-point of initial offering guidance and the finalised spread, as well as any changes in the size of a cat bond offering from the initially targeted amount.

Tropical Storm Risk (TSR) has released its pre-season forecast for the 2025 Atlantic hurricane season today and has raised its figures for the number of storms and hurricanes it predicts, also raising the number of landfalling US hurricanes in its forecast to 3, while joining calls for an above-average level of activity.

Severe convective storm (SCS) activity across the United States has now cost the insurance and reinsurance industry more than $20 billion in 2025, broker Gallagher Re estimates, with its Chief Science Officer Steve Bowen highlighting that the May 14th to 20th outbreak could drive insured losses of up to $7 billion.

With just over one week until the official start of the 2025 Atlantic hurricane season on June 1st, US weather agency NOAA has issued its first forecast, giving a 60% chance of above normal activity levels, with between 6 and 10 hurricanes predicted over the coming months.

Blackstone Alternative Asset Management, the hedge fund solutions unit of Blackstone, has made the first direct catastrophe bond investment for one of its flagship muti-strat alternatives funds recently.

Due to the extensive tornado, hail, and wind damage across the central and eastern United States, global insurance and reinsurance broker Aon has indicated that a recent outbreak could be among the most expensive severe weather events in U.S. history on an inflation-adjusted basis.

Third-party investor capital under management at Bermudian global reinsurer RenaissanceRe’s Capital Partners division rose by roughly $770 million in the year to March 31st 2025, taking the total to a new high of $7.94 billion.

The decommissioning of NOAA’s billion-dollar weather disaster database could force a rethink of parametric triggers used in catastrophe bonds and hamper insurers’ ability to model and price secondary perils, according to global ratings agency AM Best.

Reask, the catastrophe modelling and climate analytics specialist, has appointed Jo Williams as Head of Insurance Sales, as the firm looks to accelerate adoption across the reinsurance and insurance-linked securities (ILS) sectors.

A severe weather outbreak across the US midwest over the last few days is likely to have created more than $5 billion in losses for the insurance and reinsurance industry, perhaps making this outbreak the largest severe weather loss event of 2025 so far, according to BMS Group Senior Meteorologist Andrew Siffert.