Peak Re adds China / India parametric quake to second Black Kite Re catastrophe bond
Hong Kong headquartered global reinsurance company Peak Re is back in the catastrophe bond market, with a target to secure $50 million or more in retrocession from this Black Kite Re Limited (Series 2025-1) issuance across a broader range of perils than its first cat bond covered. Peak Re’s debut catastrophe bond in 2022 secured the company […]
UCITS catastrophe bond funds grew 11% to record-high $15.3bn AUM in Q1 2025
Catastrophe bond funds in the UCITS format accelerated their growth in the first-quarter of 2025, with cat bond assets under management across the now seventeen UCITS cat bond fund strategies growing 11% to reach a new record-high of just under $15.3 billion. UCITS catastrophe bond funds had been growing strongly last year, hitting a new high […]
Alternative capital the main source of inflow to reinsurance in 2024: Gallagher Re
As alternative reinsurance capital, from catastrophe bonds and other non-life insurance-linked securities (ILS) structures, grew to a new high of US $114 billion by the end of 2024, Gallagher Re notes that it was the main source of capital inflow to the reinsurance market last year. While traditional reinsurance capital also grew in 2024, to […]
Cat bonds stable & resilient amid tariff financial market volatility: Fund managers
Catastrophe bonds are once again showing their value as a source of portfolio stability, with specialist cat bond fund managers Plenum Investments and Icosa Investments AG highlighting the sector’s calm performance despite growing volatility in broader financial markets tied to U.S. tariff tensions and macroeconomic uncertainty. In separate updates, both Plenum Investments and Icosa Investments […]
SCMP: Magnitude 8 earthquake risk on rise in China and surrounding regions, study warns
As the world reels from the aftermath of the Myanmar earthquake, seismologists have warned there is a heightened danger of further disasters. FULL ORIGINAL PUBLICATION HERE
Hong Kong government can encourage investors by allocating to ILS products, says FSDC
As Hong Kong continues to focus on developing insurance-linked securities (ILS) as a key market segment, a position paper from advisory body the Financial Services Development Council states that further integrating ILS products into its own investment portfolios would help the government encourage investors to consider allocating to the asset class. So far there have […]
SCMP: Opinion | An Asia racked by natural disasters needs insurers to step up
Instead of withdrawing from high-risk areas, Asia’s insurers must become an active partner in long-term climate risk management. FULL ORIGINAL PUBLICATION HERE
Cat bond market yield stable at 10.43%, as seasonality and demand compete in March
The opposing forces of seasonality and demand continued to drive the overall yield of the catastrophe bond market sideways through March, ending the month at 10.43% so remaining relatively flat over the period, according to the latest data from Plenum Investments. Recall that, back in late 2024, high-demand for catastrophe bond investments had compressed risk spreads somewhat […]
SCMP: Deaths from future big earthquake in Philippines may surpass 50,000: seismologist
The forecast comes after a 7.7-magnitude quake in Myanmar last week left over 2,700 people dead and caused a building in Bangkok to collapse. FULL ORIGINAL PUBLICATION HERE
Catastrophe bond market can return ~8.5% in 2025 with expected losses: Lane Financial
The catastrophe bond market is forecast to have the potential to deliver a total return of around 8.5% in 2025, even after accounting for an expected level of losses to bonds during the year, according to consultancy Lane Financial LLC. Pricing in the catastrophe bond market is said to be “slouching just south of neutral,” […]