Read all of our parametric cat bond news, analysis and reporting in this archive.
Parametric triggers have always featured in the catastrophe bond market since its inception, with certain types of sponsors and risk transfer use-cases benefiting from the predictable and transparent payout structures they provide.
Parametric catastrophe bonds offer a way coverage can be secured for perils and regions where economic exposures are the main threat, rather than insured losses.
Parametric cat bonds are also often utilised by corporate cat bond sponsors, as a way to augment protection for exposures including business interruption type risks.
Hannover Re has for a second time increased the target size of what will be the seventh catastrophe bond offering in the annual Acorn Re parametric US earthquake series of deals, now seeking $450 million of limit from the Acorn Re Ltd. (Series 2026-1) issuance, Artemis understands.
Read the full article
Hannover Re’s seventh catastrophe bond offering in the annual Acorn Re parametric US earthquake series of deals looks set to grow, as the target size for this issuance has been raised by 75% to now seek $350 million of limit from the Acorn Re Ltd. (Series 2026-1) issuance, sources have said.
Read the full article
The World Bank has now confirmed that it has partnered with Nepal to explore the issuance of a parametric earthquake catastrophe bond for the country.
Read the full article
According to reports from Nepalese news sources, the country’s government Council of Ministers has approved signing a Mandate Agreement for the Nepal Earthquake Catastrophe Bond project with the World Bank.
Read the full article
Global reinsurance firm Hannover Re is bringing the seventh catastrophe bond offering in the annual parametric US earthquake risk series of deals, with an initial $200 million target for an Acorn Re Ltd. (Series 2026-1) issuance, Artemis has learned.
Read the full article
The World Bank has begun work on a proposed project to deliver a parametric earthquake catastrophe bond for Nepal, targeting US $80 million to US $190 million of fully-collateralized disaster risk financing from the capital markets for the South Asian country.
Read the full article
Jamaica’s Prime Minister and Minster for Finance and Public Services both praised global investor support for the $200 million IBRD CAR Jamaica 2026 catastrophe bond, with the third cat bond a key pillar in the countries fiscal resilience and disaster risk financing, while also revealing they plan to expand parametric coverage under CCRIF.
Read the full article
Korean Re, the global reinsurance company headquartered in the country of its name, has now secured the targeted $75 million of multi-peril retrocession from its Solomon Re Ltd. (Series 2026-1) catastrophe bond sponsorship, with the notes pricing at top and bottom ends of guidance, Artemis can report.
Read the full article
The Government of Jamaica has now successfully secured its one-third upsized target of $200 million of parametric named storm and hurricane insurance protection from its new World Bank facilitated IBRD CAR Jamaica 2026 catastrophe bond issuance, pricing the coverage within guidance, while ILS funds were the main supporters of this deal.
Read the full article
The Government of Jamaica has raised the target size for its third catastrophe bond, now aiming to secure $200 million of parametric named storm and hurricane insurance protection from the World Bank facilitated IBRD CAR Jamaica 2026 issuance, market sources have told Artemis.
Read the full article
