reinsurance

Fermat Capital Management, the specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has benefited from meaningful and consistent inflows to its UCITS catastrophe bond fund strategy this year, growing the funds AUM by 182% to reach almost $2.12 billion as of this week.

With the recent completion of the eleventh transaction under the Gateway Re series of catastrophe bonds, SageSure now stands at seventh in the Artemis catastrophe bond sponsor leaderboard, something the firm’s CEO Terence McLean hailed in an announcement today.

The market for aggregate reinsurance coverage remains “fraught” with a wide gap between bid and ask, Greg Hendrick, President and CEO of Vantage Risk has explained, but his firm still finds opportunity in that area of coverage, deploying capital through its AdVantage collateralized insurer class of company in 2025.

Total insured losses from catastrophe events in the first half of 2025 could reach as high as $90 billion, which would make it the second-highest first half on record, according to an estimate from analysts at Jefferies.

Today we are delighted to announce another wave of expert speakers who will join our upcoming catastrophe bond and insurance-linked securities (ILS) conference, Artemis London 2025. Held in London on September 2nd, the event will feature a full-day of in-depth discussion about the ILS market and valuable networking. Register to attend here.

The insurance-linked securities (ILS) market has returned in recent years, with meaningful investor interest being seen again. But the ILS market has resurged in a much healthier way and the expectation is it will remain more balanced with the rest of reinsurance, according to Jim Williamson, President and CEO, Everest Group.

The supply-demand balance for global non-marine retrocession continued to tilt in buyers’ favour, as cedants were presented with opportunities to expand their retro purchases at the mid-year reinsurance renewals and some market participants took a commercial view on collateral trapping, according to Gallagher Re.

Reinsurance broker Guy Carpenter has updated its property catastrophe reinsurance rate on line indices today and the latest data shows that after the April and mid-year renewals, property cat reinsurance rates have fallen 8.1% globally, 6.7% in the United States and a more significant 15.9% in the Asia Pacific region.

Swiss Re, the global reinsurance company, is now aiming for reduced pricing for its latest catastrophe bond sponsorship, with the still $65 million Matterhorn Re Ltd. (Series 2025-2) wind and quake retrocession cat bond transaction now seeing its price target reduced to the low-end of guidance, Artemis has learned.

The Colorado State University (CSU) tropical meteorology team has lowered its forecast for the 2025 Atlantic hurricane season slightly on all counts, citing strong observed and forecast Caribbean wind shear as an inhibitor to Atlantic hurricane activity, but continuing to predict an above-normal level of activity.