VKB returns seeking lower-attaching renewal of King Max Re German multi-peril cat bond
Versicherungskammer Bayern Versicherungsanstalt des oeffentlichen Rechts’ (VKB), the German domestic market insurance group, is back in the catastrophe bond market looking to renew coverage from its soon to mature debut deal, by sponsoring a currently €175 million King Max Re II DAC (Series 2026-1) German multi-peril transaction, we have learned. VKB sponsored its debut cat […]
Insurance-linked securities attract DACH investor interest, allocations to rise: BAI survey
A survey of 105 institutional investors across the DACH-region undertaken by the German association for alternative investments, shows that an increasing number of allocators in the region are choosing catastrophe bonds and insurance-linked securities, while more indicate they intend to enter the sector. The German association for alternative investments, the BAI or the Bundesverband Alternative […]
Catastrophe bond market to hit second $20bn+ issuance year at fastest pace yet
As the catastrophe bond market pipeline builds for the fourth-quarter of 2026, we are already tracking what will be only the second ever year where issuance of 144A catastrophe bonds and private cat bond deals has exceeded the $20 billion level, while currently the market remains on a faster issuance pace than 2025. Catastrophe bond […]
Catastrophe bond market to hit second $20bn+ issuance year at fastest pace yet
As the catastrophe bond market pipeline builds for the fourth-quarter of 2026, we are already tracking what will be only the second ever year where issuance of 144A catastrophe bonds and private cat bond deals has exceeded the $20 billion level, while currently the market remains on a faster issuance pace than 2025. Catastrophe bond […]
Fronting companies to engage more frequently with ILS market: AM Best
Rating agency AM Best has indicated in a new report that fronting companies are expected to engage more frequently with the insurance-linked securities (ILS) market to drive capacity diversification using catastrophe bonds, sidecars and collateralized reinsurance structures. In its report, AM Best notes that the property and casualty fronting market continued to grow at a […]
Deepening cat bond market offers investors liquidity, scale, and broader diversification: GAM’s Aviv
The catastrophe bond market has reached a scale where its continued growth actively reinforces the investment case, offering greater scalability, improved liquidity and broader scope to diversify within natural catastrophe risk, according to Dr. Rom Aviv of GAM Investments. Aviv, who is well-known across the insurance-linked securities (ILS) industry, joined GAM Investments as Head of […]
Franklin Templeton moderates cat bond conviction to overweight, turns neutral on ILS
Franklin Templeton Investment Solutions, the hedge fund-focused arm of the global asset manager, has moderated its stance on the catastrophe bonds asset class slightly from ‘strongly overweight’ to ‘overweight’ for Q4 2026, which in turn has led the firm to shift its stance on the insurance-linked securities market to ‘neutral’. At the same time, the […]
Lower spread environment may encourage more cat bond sponsors in Q4’26: Rostan, SCOR IP
Primary catastrophe bond market activity is set for a strong final quarter in 2026, driven by expectations for a strong pipeline and how the lower spread environment may encourage more sponsors to enter the market, according to Sidney Rostan, Head of ILS Strategies at SCOR Investment Partners. SCOR Investment Partners is the asset management arm […]
ADB aims to expand catastrophe bond usage across Asian regions: Kessler
The Asian Development Bank (ADB) is actively promoting catastrophe bonds for sovereign disaster risk financing across the region, but Thomas Kessler noted last week that this will require cooperation across governments, research and modelling institutions, insurers and the ILS investor base. Speaking in Bermuda at the Convergence 2026 conference last week, Thomas Kessler, Principal Disaster […]
World Bank confirms signing of Nepal quake catastrophe bond mandate
The World Bank has now confirmed that it has partnered with Nepal to explore the issuance of a parametric earthquake catastrophe bond for the country. The World Bank confirmed that it and Nepal have signed a mandate agreement to explore the development of a catastrophe bond, which would be designed to enable Nepal to access […]