Healthcare of Ontario Pension Plan ILS allocation value rises 9% in 2025, to US $1.44bn
The Healthcare of Ontario Pension Plan (HOOPP), a large Canadian institutional retirement fund, saw its investment allocation to insurance-linked securities (ILS) rising in value by approximately 9% in 2025, lifting its ILS portfolio to approximately US $1.44 billion. The now CAD $132 billion pension fund has been allocating to the insurance-linked securities (ILS) asset class, […]
CalPERS ILS investments hit $1.451bn at YE 2025, with Tangency, Integral, Swiss Re allocations
CalPERS, the largest public pension fund in the United States, ended 2025 with its investments in catastrophe bond and insurance-linked securities (ILS) fund strategies amounting to $1.451 billion, with allocations in place with Tangency Capital, Integral ILS and Swiss Re’s SRILIAC. The California Public Employees’ Retirement System, or CalPERS, is one of the largest institutional […]
CEA risk transfer limit grows slightly to $7.912bn, with catastrophe bonds now 36%
The California Earthquake Authority’s (CEA) reinsurance program grew slightly to include limit of $7.912 billion at the end of 2025, while the catastrophe bond market was providing its largest share of the risk transfer tower ever, at 36% of total limit. In recent year’s, the California Earthquake Authority’s (CEA) need for risk transfer, which it […]
Parametric pools ARC, CCRIF, PCRIC, SEADRIF to explore joint reinsurance platform
The main four parametric natural disaster insurance risk pools have committed to a unique collaboration, which will see them explore the creation of a joint risk finance and reinsurance platform. This initiative, aimed at expanding global climate risk protection, brought together representatives from African Risk Capacity Ltd. (ARC), CCRIF SPC, SEADRIF Insurance Company, and the […]
Hong Kong to move forwards with tax exemption for ILS investments
Hong Kong’s Secretary for Financial Services and the Treasury Christopher Hui explained today that the government aims to enhance its preferential tax regime and extend the eligible asset classes for tax exemptions to include insurance-linked securities (ILS), such as catastrophe bonds. The goal is to enhance competitiveness of its financial marketplace and attract more investors […]
Ecuador contracts first parametric insurance for climate-vulnerable farmers
Ecuador has contracted its first parametric agricultural insurance policies, benefitting up to 10,000 people in smallholder rice and maize farming households against extreme rainfall and drought risk, marking a major milestone for the Tripartite Agreement Programme, a public-private partnership between the Insurance Development Forum (IDF), the United Nations Development Programme (UNDP), and the German Federal […]
Global Parametrics highlights how parametric products & cat bonds can scale humanitarian risk financing
A recent report from Global Parametrics has acknowledged that catastrophe bonds can be part of the solution to risk financing for humanitarian organisations. The firm suggests that for humanitarian organisations requiring substantial capacity, multi-year cat bonds, as well as parametric products may secure greater limits and provide longer-term protection than other financial instruments, but only as […]
CA FAIR Plan lifts target 75% to $350m for second Golden Bear Re wildfire cat bond
The California FAIR Plan Association is looking to upsize its second catastrophe bond sponsorship by 75%, with now $350 million of capital markets backed wildfire reinsurance protection sought from the Golden Bear Re Ltd. (Series 2026-2) cat bond issuance, Artemis has learned. The California FAIR Plan Association returned to the catastrophe bond market for its second sponsorship earlier […]
Discipline, education, transparency, trust all key as ILS continues to grow & evolve: ILS NYC 2026
As the catastrophe bond and insurance-linked securities market looks to build on its recent strong performance and capitalise on opportunities that are being presented, the need for the sector to do so in a sustainable way came into focus at our ILS NYC 2026 conference held in New York last Friday. We held our Artemis ILS NYC 2026 […]
Why the short-tail nature of parametric risk is reshaping third-party capital: CelsiusPro CEO
In the increasingly volatile world of catastrophe risk, the primary hurdle for third-party capital has rarely been the risk itself, but rather the tail; the years-long process of loss adjustment and trapped capital that follows a major event. However, CelsiusPro is making the case that parametric insurance offers a cleaner alternative for institutional investors, according […]