reinsurance

The government of Portugal is considering catastrophe bonds as a potential mechanism that could be utilised to provide risk capital for disaster resilience and to better manage catastrophe risk exposure in the country.

The amount of non-life alternative reinsurance capital from catastrophe bonds and insurance-linked securities (ILS) grew by a “historic” amount in 2025, with the latest data from Gallagher Re indicating significant inflows and non-life ILS capital rose $21 billion to $135 billion in the year.

We are delighted to announce that registration is now open for our next catastrophe bond and insurance-linked securities (ILS) market conference, Artemis London 2026. We return to London on September 1st, for another full-day of in-depth discussion and debate about the ILS market, as well as valuable networking. Register to attend here.

Catastrophe bond market yields rose again through the month of April 2026, as seasonal spread widening effects lifted total returns to almost 9.3%, reducing the year-on year decline in cat bond market coupon to 11% by May 1st, the latest data from Plenum Investments shows.

Insurance-linked securities investment strategies across catastrophe bonds and private ILS clearly demonstrated the valuable diversification the asset class can deliver in March 2026, with the ILS Advisers Fund Index rising 0.67% for the month.

USAA, the military mutual insurer, has now successfully priced its largest catastrophe bond sponsorship ever at attractive spreads, with the Residential Reinsurance 2026 Limited (Series 2026-1) cat bond now set to provide the company a meaningful $825 million in additional catastrophe reinsurance limit, Artemis can report.

Mapfre Re, the Spanish global reinsurance company, has now successfully secured $200 million of US named storm protection from the capital markets through its Recoletos Re DAC (Series 2026-1) catastrophe bond issuance, pricing the notes at the lowest end of initial guidance, Artemis can report.

SCOR, the France-headquartered global reinsurance company, is back in the catastrophe bond market initially targeting $75 million of multi-peril fully-collateralized retrocession through sponsorship of an Atlas Capital DAC (Series 2026-1) issuance, Artemis has learned.

Here are the ten most popular news articles, week ending May 3rd 2026, 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.

Following the successful issuance of the Asian Development Bank’s (ADB) first catastrophe bond offerings, Roberta Casali, Vice-President for Finance and Risk Management at the ADB has explained how the cat bonds will provide committed financing for disasters and said she hopes the first ADB cat bonds will “pave the way for future issuances.”