Catastrophe bond market records that were broken in 2025

Catastrophe bond market activity in 2025 resulted in a landmark year of issuance for the sector, as adoption of the cat bond as a structure for reinsurance protection and alternative asset class accelerated and expanded. Beyond the headline figures, such as 2025 being the first year to see over $20 billion of cat bond issuance, […]

Alternative capital hits $124bn. Consistent investor appetite to drive it higher still: Aon

Alternative reinsurance capital, so that deployed through insurance-linked securities and related collateralized structures, reached a new high of $124 billion as of September 30th 2025, according to Aon and the broker expects the growth trend to persist as third-party investors show “consistent” appetite for returns from the sector. In a just released new report from […]

Thailand explores cat bonds as reinsurance capital to support disaster fund

The Thai General Insurance Association (TGIA) is backing an initiative to establish a permanent Natural Catastrophe Fund for the country in the first half of 2026, and is currently exploring the use of catastrophe bonds as a form of reinsurance capital to help support the fund, according to a report by the Bangkok Post. According […]

ILS to continue evolving into a central part of the world’s risk-transfer infrastructure: HCMA

As innovation and global participation within insurance-linked securities (ILS) accelerates, the market is expected to continue evolving into an increasingly central part of the globe’s risk-transfer infrastructure, according to executives at Howden Capital Markets & Advisory (HCMA). Artemis spoke with Philipp Kusche, Chairman of HCMA Europe & Co-Head of Global ILS, and Mitchell Rosenberg, Co-Head […]

G20 Ministers call for disaster risk reduction (DRR), parametric insurance, cat bonds

Ministers from the G20, or Group of Twenty recently came together in Johannesburg, South Africa to address major global challenges and ways to promote sustainability, with members underscoring the importance of investing in building sustainable resilience through the use of disaster risk reduction (DRR) tools such as catastrophe bonds and parametric insurance. For those unaware, […]

Airmic: Parametric solutions go mainstream as data improvements drive demand

UK corporates face an increasingly complex risk landscape. Weather extremes, supply chain fragility, infrastructure dependencies and fast-moving operational risks now sit alongside traditional property exposures. As risk managers seek solutions that respond quickly, flexibly and transparently, parametric insurance has rapidly emerged as a powerful complement to traditional indemnity insurance. Thanks to advances in data availability, […]

Pre-arranged disaster finance hits record high, Centre for Disaster Protection finds

The Centre for Disaster Protection, an independent organisation working to strengthen the way the global system finances responses to climate and disaster shocks, has published new analysis showing that pre-arranged disaster risk finance has expanded rapidly worldwide, while the poorest and most fragile countries continue to receive only a small fraction of the total. In […]

Cat bonds, physical risk insurance a top climate adaptation investment theme: Morgan Stanley

Morgan Stanley recently surveyed over 900 institutional investors to understand their current thoughts on sustainable investments. With climate adaptation and resilience growing in prominence as themes, investors cited catastrophe bonds and physical risk insurance contracts among their top picks. Most institutional investors maintain a positive outlook for sustainable investments, with 84% of those surveyed saying […]

Germany’s insurers pitch Elementar Re catastrophe reinsurance risk pool

Germany’s insurance industry has introduced a proposed natural catastrophe reinsurance vehicle called Elementar Re, intended to serve as a backdrop for primary insurers facing increasing losses associated with climate risk. The concept, which was released by the German Insurance Association (GDV), centers around pooling high-risk residential properties, and adding a state-supported layer of protection for […]