KCC updates and enhances its US Winter Storm model
Catastrophe risk modelling specialist Karen Clark & Company (KCC) has launched Version 3.0 of its US Winter Storm Model, which captures two types of winter storms: extratropical cyclones (ETCs) and Arctic air outbreaks. KCC explained that North American ETCs are large low-pressure systems, such as Nor’easters, that cause damage primarily through read the full article →
Collateralized reinsurance and innovation – Expanding access to protection and capital: McKeown, Vantage Risk
With collateralized reinsurance emerging as a key tool for insurers seeking greater flexibility and access to alternative forms of capital, the industry’s focus should be on expanding the overall market for protection, drawing on all types of capital to meet rising demand, Chris McKeown of Vantage Risk told us in read the full article →
Mapfre Re secures upsized €125m Recoletos Re cat bond, priced at low-end
Mapfre Re has successfully priced its second 144A catastrophe bond, securing the upsized €125 million of annual aggregate European windstorm retrocession through the Recoletos Re DAC (Series 2025-1) issuance, while the spread was finalised at the low-end of reduced guidance, Artemis understands. As we reported yesterday, Spanish global reinsurance company Mapfre read the full article →
OAK launches retro syndicate 1440 with investor backing, including via London Bridge
OAK Global has launched a retrocession division OAK Enterprise, that will underwrite through new Lloyd's Syndicate 1440 from January 1 2026. The syndicate has been backed by a range of investors and we understand from sources that at least one of these has funded its commitments through the Lloyd's ILS read the full article →
Eclipse Re issues $100m private cat bond. Cat bond lites in 2025 reach $626.51m
Another new private catastrophe bond issuance from the Eclipse Re Ltd. transformer vehicle has come to light, the eighth from the platform in 2025 so far. At $100 million in size, this Eclipse Re Ltd. (Series 2025-8A) cat bond lite has become the biggest from the issuer this year. Issuance of read the full article →
CEA secures upsized $770m Ursa Re II 2025-2 cat bond, its third largest ever
The California Earthquake Authority (CEA) has clearly demonstrated its appetite to continue layering efficient reinsurance from the capital markets within its reinsurance tower, by securing the upsized $770 million of limit target from its new Ursa Re II Ltd. (Series 2025-2) catastrophe bond, Artemis understands. At $770 million in size, this read the full article →
ADB approves plan to issue catastrophe bond for Kyrgyz Republic and Tajikistan
The Asian Development Bank (ADB) has approved plans to issue a pilot parametric catastrophe bond for Kyrgyz Republic and Tajikistan which could be as much as $100 million in size, protecting both countries against earthquake and flood risks. This initiative accompanies ADB’s approval of a $56.4 million program aimed at strengthening read the full article →
AmFam seeks $150m multi-peril reinsurance from sixth Four Lakes Re catastrophe bond
American Family Mutual Insurance Company (AmFam) is back in the catastrophe bond market looking to secure $150 million or more in multi-peril US catastrophe reinsurance protection from this Four Lakes Re Ltd. (Series 2025-1) cat bond issuance, its sixth cat bond sponsorship in as many years, Artemis understands from sources. This read the full article →
Abaxx launches German wind futures, debuts new suite of weather derivatives
Abaxx Technologies, a start-up financial software and market infrastructure company, has launched the Enwex German Wind Futures on the Abaxx Exchange, which marks the introduction of a new suite of weather derivatives. Through this, renewable energy companies will be able to hedge wind power generation risks in Germany through an exchange-traded read the full article →
Mapfre Re seeks €125m Euro windstorm retro with second Recoletos Re catastrophe bond
Spain headquartered global reinsurance company Mapfre Re has returned to the catastrophe bond market for its second visit, looking to secure €125 million in annual aggregate European windstorm retrocession deal through its second Recoletos Re DAC (Series 2025-1) issuance, Artemis has learned. We understand that this second cat bond deal for read the full article →
