Global insured natural catastrophe losses reach $91bn in 9M’26, lowest since 2019: Aon
According to insurance and reinsurance broker Aon, global insured losses from natural catastrophe events reached $91 billion during the first nine-months of 2026, the lowest for the period since 2019’s $76 billion, and remained well below the $135 billion average of the past five years, but slightly above the 21st-century average of $88 billion. The […]
Cat bond terms may loosen next year, but discipline won’t break: Perrot, Marsh Securities
As the insurance-linked securities (ILS) market moves into a softer phase, Quentin Perrot, Managing Director at Marsh Securities, said during a recent AM Best webinar that while terms for catastrophe bonds may loosen next year, he does not foresee discipline in the asset class breaking. Perrot made these remarks during rating agency AM Best’s recent […]
California Earthquake Authority seeks $600m reinsurance with Ursa Re 2026-1 cat bond
The California Earthquake Authority (CEA) has returned to the catastrophe bond market for its second sponsorship of this year, with an initial target to secure $600 million of fully-collateralized earthquake reinsurance from a new Ursa Re Ltd. (Series 2026-1) issuance, Artemis can report. In 2025, the California Earthquake Authority (CEA) sponsored issuance of three series of […]