reinsurance

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.

State Farm sponsored its recent record sized $1.55 billion visit to the catastrophe bond market using multiple Bermuda-based special purpose insurers (SPI), Artemis has now learned, with the Merna Re (Series 2025) issuance coming to market through longer-standing Merna Re II Ltd., as well as new Merna Re Companywide Ltd. and Merna Re Enterprise Ltd. […]

Descartes Underwriting has strengthened its leadership team with the appointments of Sophie Bassoulet as Head of Operations and Kelly Collet-Jones as Claims Manager, as the company continues its global expansion in corporate parametric insurance.

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.

SV SparkassenVersicherung (SV) has spotlighted its new strategic partnership with Japan’s Zenkyoren as a cornerstone of its first catastrophe bond, Liongate Re DAC, a $100 million issuance that reflects a growing trend of collaborative and diversified global risk transfer in the insurance-linked securities (ILS) space.

The Massachusetts Property Insurance Underwriting Association (MPIUA) has now upsized its target for its latest catastrophe bond, increasing it to seek up to $225 million in multi-peril reinsurance protection from the capital markets from its new Mayflower Re Ltd. (Series 2025-1) issuance.

We’ve learned that State Farm has been back in the catastrophe bond market in recent weeks and has now secured what is a record amount of reinsurance limit from the capital markets in a single visit in cat bond form, as it priced $1.55 billion of multi-peril protection via sponsorship of four Merna Re (Series […]

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.

Artemis turned 26 years old this month and we wanted to highlight that we’ve now tracked over $192 billion in catastrophe bonds and related insurance-linked securities (ILS) within our extensive Deal Directory, alongside the hundreds of billions in assets we’ve tracked flowing into other insurance and reinsurance linked opportunities over the years.