Reinsurance linked investment

In a recent report on the threat flood disasters pose to the Netherlands as a country particularly vulnerable to climate risks, KPMG highlights the potential for catastrophe bonds to be an instrument that can help in maintaining the insurability of climate risks in an increasingly challenging environment.

The California Public Employees’ Retirement System, or CalPERS, the largest public pension fund in the United States with total assets under management of over $556 billion, has hired Mascha Canio, the head of credit and insurance-linked investments at PGGM, to lead its debt investment portfolio.

Here are the ten most popular news articles, week ending July 20th 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.

Alternative risk and reinsurance capital sources are playing a growing role in helping US managing general agents (MGA) grow their businesses, while also being present in their underwriting specialties and a new report from Conning says 51% of MGAs saw ILS funds providing capacity in their markets.

Franklin Templeton Investment Solutions, the more hedge fund focused part of the global asset manager, has maintained its strongly overweight conviction on the catastrophe bond asset class, finding their returns still appealing for investors despite generally lower yields than two years ago.

GC Securities, the investment banking and capital markets unit of reinsurance broker Guy Carpenter, worked on a record number of catastrophe bonds in the first-half of 2025, according to the broker’s CEO Dean Klisura.

We wanted to provide an early view of who you can meet if you register to 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.

Over time, the returns per-unit of risk from catastrophe bonds have, on average, declined faster for industry-index deals, resulting in a divergence between the at-issuance spreads delivered by cat bonds featuring industry-loss triggers versus the rest of the market, data from Man Group shows.

Aon, the global professional services, insurance and reinsurance broking firm, has promoted Matthew Towsey to the role of Global Head of Hedge Funds and Diversifying Strategies within its investment advisory and consultancy specialist area of the business.

The catastrophe bond market has just had its busiest 12-month period on record, as issuance between August 2024 and July 2025 has now reached just slightly under $23 billion, marking a landmark stretch of activity for this segment of the insurance-linked securities (ILS) market.