PRA seeks feedback on potential for UK life ILS, including cat bonds and sidecars
The Prudential Regulation Authority (PRA) of the Bank of England has published a discussion paper to gather feedback on how the UK’s insurance special purpose vehicle (ISPV) or ILS structures can play a role towards bringing in alternative capital to support life risks and reinsurance in the UK. As readers are read the full article →
VivoPower & KWeather to build a weather derivative token for climate risk management
VivoPower, a sustainable energy solutions organisation, and KWeather, a climate risk management solutions company, have signed an exclusive heads of agreement deal that will see both firms collaborate to build the world’s first WeatherCoin, a weather derivative token for climate risk management. According to the announcement, VivoPower, through its Vivo Federation read the full article →
CEA raises Ursa Re II 2025-2 cat bond target to between $670m and $770m of limit
The California Earthquake Authority (CEA) has now raised its target for fully-collateralized earthquake reinsurance from its latest catastrophe bond, the Ursa Re II Ltd. (Series 2025-2) issuance, with now between $670 million and $770 million of limit sought, while the price guidance has been reduced for both tranches of notes. The read the full article →
The Hartford targets $270m reinsurance with Foundation Re IV 2026-1 cat bond
The Hartford, a US primary property and casualty insurer, is back in the catastrophe bond market seeking $270 million or more in multi-peril collateralized catastrophe reinsurance protection from the capital markets through sponsorship of a Foundation Re IV Ltd. (Series 2026-1) cat bond issuance. This new catastrophe bond will become the read the full article →
AXA XL seeks capital markets retrocession with $175m Galileo Re 2025-1 cat bond
AXA XL, the global specialty insurance and reinsurance arm of the AXA Group, has returned to the catastrophe bond market seeking $175 million or more of industry loss based retrocessional protection with a new Galileo Re Ltd. (Series 2025-1) issuance, as the company demonstrates a desire to secure more capital read the full article →
Best of Artemis, week ending November 16th 2025
Here are the ten most popular news articles, week ending November 16th 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 →
Cat bonds central to Pool Re’s overall protection structure: CUO
Jonathan Gray, Chief Underwriting Officer at Pool Re, the UK’s leading terrorism reinsurer, has emphasised that while its catastrophe bond activity is smaller than the traditional retrocession programme, it remains ‘absolutely central’ to the firm’s risk protection framework. Regular readers will recall that Pool Re returned to the catastrophe bond market read the full article →
Descartes adopts mea Platform to expand parametric growth
Descartes Underwriting, the parametric risk transfer specialist, has adopted mea Platform’s artificial intelligence (AI) products to enhance automation and data orchestration across its underwriting processes. The implementation expands Descartes’ use of AI technology to deliver faster and more cost-efficient underwriting decisions, which ultimately mirrors the speed and precision of its claims read the full article →
Arch secures $199.3m Bellemeade Re 2025-1 mortgage ILS issuance
Arch Capital has successfully closed Bellemeade Re 2025-1 Ltd., the firm’s latest issuance of mortgage insurance-linked notes, which was priced at $199.3 million, while the firm also purchased a further $49,826,000 of mortgage reinsurance from a panel of reinsurers in tandem with this mortgage insurance-linked notes issuance. This marks the 22nd read the full article →
Aspen Capital Markets fee income climbs 30% in 9M’25 to $146m, as AUM hits $2.5bn
Aspen Capital Markets, the third-party, ILS and alternative reinsurance capital management unit of global re/insurer Aspen, has continued to expand its business throughout the first nine months of 2025 with fee income generated by the unit increasing by 30% to $146 million. Remember that Aspen Capital Markets’ total fee income for full-year read the full article →
