Liberty Mutual’s 11th Mystic Re cat bond highlights HCMA’s execution capabilities: Madea
Liberty Mutual Insurance’s sponsorship of a $150 million Mystic Re IV Ltd. (Series 2026-1) catastrophe bond issuance underscores the strength of Howden Capital Markets & Advisory’s (HCMAs) platform and its ability to execute complex transactions efficiently, according to Jarad Madea, CEO, HCMA. HCMA served as Joint Structuring Agent and Joint Bookrunner read the full article →
Private ILS heads into Jan renewals with increased capacity and technical discipline: Doris, Twelve Securis
The private insurance-linked securities (ILS) market is approaching the January renewals from a strong standpoint, with capacity projected to be marginally higher, which may exert some pricing pressure. However, according to Cahal Doris, CIO Private ILS at Twelve Securis, the firm still expects to observe technical discipline within the market. Within read the full article →
KBW expects property cat rate declines approaching 20%, highlights retro vulnerability
A recent report from KBW analysts, following their semi-annual trip to Bermuda in anticipation of the January 1st renewals, indicates that the retrocession market continues to be more vulnerable to instability, with this instability contributing an additional layer of fragility to the broader reinsurance ecosystem. As the January renewals approach, KBW read the full article →
Al Wathba Insurance uses London Bridge to allocate capital to Lloyd’s opportunities
Al Wathba Insurance, an insurance company based in the United Arab Emirates operating out of Abu Dhabi and Dubai, has become the first insurer from the region to access the Lloyd's of London insurance and reinsurance market using its London Bridge 2 PCC insurance-linked securities structure. London Bridge 2 PCC is read the full article →
Germania Insurance targets lower pricing for debut $100m Handshake Re cat bond
Germania Insurance is now targeting lower pricing for its debut Handshake Re Ltd. (Series 2025-1) catastrophe bond issuance, while the size goal remains to secure $100 million of multi-peril catastrophe reinsurance from the deal, Artemis has learned. Germania Insurance, often better known as Germania Farm Mutual Insurance Association, is the largest read the full article →
Meritage Re 2026-1 cat bond now targets up to $250m reinsurance for GeoVera and SafePort
The target issuance size has been raised for the new Meritage Re Ltd. (Series 2026-1) catastrophe bond, with now up to $250 million of multi-year US named storm reinsurance protection being sought for GeoVera and SafePort, Artemis can report. As we had explained in our first article about this new cat read the full article →
QBE targets one-third upsized $400m Bridge Street Re 2025-2 catastrophe bond
QBE Insurance Group, the Australia headquartered global insurance and reinsurance company, is now aiming to upsize its latest catastrophe bond sponsorship by one-third to secure $400 million of international peak peril reinsurance from the Bridge Street Re Ltd. (Series 2025-2) issuance, Artemis understand. As a result, this will become QBE's largest read the full article →
Cincinnati Insurance seeks lower pricing for $150m Skyline Re II multi-peril cat bond
Cincinnati Insurance Companies is now targeting lower pricing for the $150 million or more in fully-collateralized reinsurance from the capital markets that its new Skyline Re II Ltd. (Series 2025-1) catastrophe bond deal will provide, sources have told Artemis. As we reported when this cat bond emerged in late November, this read the full article →
Chubb opts to pursue first ever annual aggregate cyber catastrophe bond
International insurance and reinsurance giant Chubb has now opted to pursue annual aggregate cyber reinsurance from its new East Lane Re VII Ltd. (Series 2026-1) catastrophe bond, which will make this the first aggregate cyber cat bond in the market's history, Artemis can report. Chubb returned to the catastrophe bond market read the full article →
Best of Artemis, week ending December 21st 2025
Here are the ten most popular news articles, week ending December 21st 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. Ten most read the full article →
