Hurricane Melissa: Verisk estimates insured losses at between $2.2bn and $4.2bn
Verisk’s Extreme Event Solutions division estimates that insured industry losses to onshore property in Jamaica from Hurricane Melissa will likely range between $2.2 billion and $4.2 billion. Verisk offered meteorological insights regarding the event, noting that Melissa became a hurricane on October 21. The storm then underwent rapid intensification on October 25, read the full article →
No adverse ILS market reaction expected from Melissa cat bond payout: Fitch
As Jamaica awaits an official determination on a potential $150 million payout from its IBRD CAR Jamaica 2024 parametric catastrophe bond from Hurricane Melissa, ratings agency Fitch has said that it does not expect to see any adverse reaction from the insurance-linked securities (ILS) market as a result of the read the full article →
ILS funds deliver record 2.07% return in September, according to ILS Advisers Index
The insurance-linked securities (ILS) fund sector has delivered its highest single month of investment returns on record in September 2025 according to the ILS Advisers Fund Index, as strong premium accrual, coupon earnings and a benign loss environment combined to drive exceptional performance. Investors in the insurance-linked securities (ILS) market have read the full article →
One William Street lifts Meadows cat bond top-end target to $135m, at reduced pricing
One William Street Capital Management, L.P. has raised its target for retro reinsurance protection from its debut Meadows Ltd. (Series 2025-1) catastrophe bond, with now up to $135 million in US named storm protection sought, Artemis has learned. At the same time, we're told that the price guidance for all three read the full article →
Jamaica to get $70.8m parametric CCRIF payout for hurricane Melissa winds
CCRIF SPC, the Caribbean and Central America Parametric Insurance Facility and Development Insurer, is set to make its biggest single payout after after major hurricane Melissa triggered Jamaica's tropical cyclone policy. There could be more parametric risk transfer payout financing to come as well, as CCRIF said that the Government of read the full article →
Best of Artemis, week ending November 2nd 2025
Here are the ten most popular news articles, week ending November 2nd 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 →
World Bank says Jamaica catastrophe bond payout “likely” for hurricane Melissa
The World Bank has said that it expects to mobilise a broad package of financial support to aid Jamaica's recovery from major hurricane Melissa and the development organisation has now stated that a payout of the country's catastrophe bond is deemed likely. This is notable, as the World Bank facilitated and read the full article →
Aon hopes cat bond will help Jamaica, says Case. Sees alt capital hyperscaler data centre opportunity
Aon's CEO Greg Case said today that he is hopeful the catastrophe bond his firm worked on for Jamaica will help the country in its recovery after hurricane Melissa. Case also discussed the opportunity to provide risk solutions to the massive hyperscaler data centre build-out, highlighting alternative capital as relevant read the full article →
Jamaica cat bond marked near zero after Melissa landfall. Calculation process underway
Jamaica’s $150 million IBRD CAR Jamaica 2024 parametric catastrophe bond notes were marked down to nearly zero by one pricing sheet team after major hurricane Melissa's landfall and the calculation agent process has already been activated by the Government of Jamaica, Artemis has learned. The expectation has always been that Jamaica's read the full article →
Aon reports “significant growth” of insurance-linked securities business in Q3
The expansion of catastrophe bond and insurance-linked securities (ILS) market activity in 2025 is driving higher earnings for bankers and brokers, with Aon reporting today that the third-quarter of 2025 saw its ILS business experiencing "significant growth" in revenue terms. Investment banks and broker-dealers have been raking in record-high levels of read the full article →
