144A catastrophe bond issuance officially hits $20bn milestone in 2025
With the settlement today of two new catastrophe bonds, the 144A marketplace for new cat bond issuance has now just reached the $20 billion milestone in 2025, while including private deals the total amount of settled issuance tracked by Artemis this year is now $20.62 billion. $20 billion of full Rule 144A catastrophe bonds is […]
WFP calls for disaster risk financing expansion amid cat-driven food insecurity
At COP30, the United Nations World Food Programme (WFP) warned that a 1°C rise in global temperatures could thrust an additional 70 million people into food insecurity across the 45 countries where it operates, highlighting the urgent need to expand disaster risk financing. The programme continued, “Extreme weather is exacerbating a global hunger crisis, as […]
Beazley launches Bermuda platform with $500m to support ART / ILS expansion and growth
Beazley, the London headquartered specialty insurance and reinsurance company, has made a significant commitment to the Bermuda marketplace with the deployment of $500 million of capital to establish a new platform on the island to drive growth and expansion into the alternative risk transfer market, including ILS opportunities. Beazley announced its third quarter trading update […]