Jamaica returns for new $150m World Bank cat bond to replace coverage triggered by Melissa
The Government of Jamaica is back in the catastrophe bond market again with the support of the World Bank, targeting $150 million of parametric named storm and hurricane protection from an IBRD CAR Jamaica 2026 issuance, designed to replace its coverage that was triggered by hurricane Melissa, Artemis has learned from sources. This will be the third […]
Notable rise in ILS investor appetite and sophistication evident in 2026: Gallagher Re
A recent survey of insurance-linked securities (ILS) investors conducted by reinsurance broker Gallagher Re and Gallagher Securities reveals a notable rise in market appetite for 2026. The findings indicate that a clear majority of both specialist and generalist allocators intend to expand their exposure to insurance-related assets over the next two years. Furthermore, as ILS […]
Cayman considers catastrophe bond, more parametric insurance to expand hurricane protection
As the 2026 Atlantic hurricane season approaches, the government of Cayman is considering expanding its hurricane protection by turning to the insurance-linked securities (ILS) market to potentially issue its own catastrophe bond, while simultaneously expanding its parametric insurance coverage too, Cayman Compass reports. The Cayman Islands are considered to be highly prone to hurricanes. The […]
WFP progresses food security catastrophe bond plan, to mobilise $100m for drought resilience
The United Nations World Food Programme (WFP) is progressing a plan to become the first to utilise catastrophe bonds for food security financing, in a novel transaction that would see it become the first UN agency to sponsor a cat bond, with a target to source up to $100 million in risk transfer to boost […]
ADB prices first cat bonds, secures $160m disaster risk finance for Kyrgyz Republic & Tajikistan
The Asian Development Bank’s (ADB) first catastrophe bond offerings have now been successfully priced in the market, with the result being a $160 million capital market-backed source of parametric earthquake and extreme precipitation disaster risk financing, evenly split between the Kyrgyz Republic and Tajikistan. It’s an important first step in the catastrophe bond market for the Asian Development […]
Swiss Re targets $250m US named storm retro with Matterhorn Re 2026-2 cat bond
Global reinsurance giant Swiss Re is back in the catastrophe bond market to sponsor its second issuance of the year, with an initial target to secure $250 million of US named storm per-occurrence based retrocessional protection through a Matterhorn Re Ltd. (Series 2026-2) transaction, Artemis can report. Swiss Re is looking to sponsor with what will become the […]
Hong Kong ‘ideally placed’ to promote use of alternative risk transfer and ILS: IA’s Stephen Yiu
Given Hong Kong’s open and sophisticated financial market, along with its distinct connection with the Chinese Mainland and the support of roughly 3,380 family offices, the major city is ideally placed to promote the usage of alternative risk transfer tools and ILS, according to Stephen Yiu, Chairman of the Hong Kong Insurance Authority (IA). Yiu […]
Twelve Securis “cautious, but optimistic” about El Niño’s influence on hurricane season risk
Twelve Securis, the specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has explained that it is “cautious, but optimistic about El Niño’s positive influence on risk” for the coming Atlantic hurricane season. In a commentary in advance of the hurricane season and in the wake of early forecasts for levels of storm activity in […]
Bermuda’s SPI and collateralized insurer uptake maintains momentum in Q1: BMA
Coming off a remarkable 2025, which saw the registration of new collateralized insurer class of companies in Bermuda climb to its highest level ever, early indicators for Q1 2026 suggest a continuation of this growth trend with seven new special purpose insurers (SPIs) and two new collateralized insurers having registered in Bermuda during the opening […]
Twelve Securis and Bank J. Safra Sarasin extend distribution partnership to Italy and Spain
Twelve Securis, the specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has extended its long-standing collaboration with Bank J. Safra Sarasin to now include distribution across Italy and Spain. Twelve Securis has been collaborating with Bank J. Safra Sarasin, a private bank and asset management specialist group, since 2011, with a focus on insurance-related […]