Swiss Re targets $65m retro wind / quake cover with Matterhorn Re 2025-2 cat bond
Global reinsurance company Swiss Re has returned to the catastrophe bond market for the second time this year, aiming to secure $65 million or more in North American earthquake and named storm retrocession from investors, through a Matterhorn Re Ltd. (Series 2025-2) transaction, Artemis has learned. This issuance will be the thirteenth takedown under Swiss Re’s Matterhorn […]
ILS drives structural flexibility and softer pricing at July renewals: Gallagher Re
A wave of alternative capital, led by a record-setting surge in catastrophe bond issuance, helped reinsurers meet growing demand without pushing prices higher at the July 1 renewals, according to Gallagher Re, as cedants secured improved terms in property and specialty lines. While traditional reinsurance capital reached a new high of $769 billion at year-end […]
Arundo Re eyes growth in Asia, anchors strategy on trust and precision
On 17 January, Paris-based reinsurer CCR Re officially announced a name change to Arundo Re. Asia Insurance Review sat with Arundo Re’s Mr Laurent Montador for an exclusive interview on growth opportunities, regional expansion plans and the potential of reinsurance sidecars in Asia. FULL ORIGINAL ARTICLE HERE
Chinese non-life insurance sector shows resilience amidst market challenges: Fitch Ratings
Fitch Ratings, a credit rating agency, reports that China’s non-life insurance sector continues to exhibit strong financial stability, which has supported consistent growth in premiums and improved underwriting outcomes during the first quarter of 2025. According to Fitch Ratings, despite ongoing challenges related to tariff-driven trade tensions, the sector has benefited significantly from the rising […]
ILS models need to reflect current climate conditions: Schroders
Underscoring the potential impacts of climate change across the insurance-linked securities (ILS) market, ILS specialists at global asset management group Schroders have suggested that ILS managers should recalibrate risk assessments to reflect the climate change that has already occurred, and not just long-term projections. In a recent commentary, authored by Mark Gibson, Senior Investment Director […]
ESMA conceptually takes view cat bonds may sit better under a new AIF wrapper framework
Regulator and supervisor the European Securities and Markets Authority (ESMA) has now published its awaited advice to the European Commission (EC) on its review of the UCITS Eligible Assets Directive (EAD), in which it says its conceptual view is that some alternative assets such as catastrophe bonds may sit better under a different framework than […]
Cat bonds, collateralized and ILS managers took 87% of Florida Citizens tower in 2025
Across the entire roughly $4.49 billion reinsurance risk transfer tower of Florida’s Citizens Property Insurance Corporation the capital markets have taken their largest share proportionally in 2025, with around 87% of the total backed by catastrophe bonds, collateralized reinsurance markets and ILS fund managers. As Artemis was first to report yesterday, Florida Citizens confirmed the successful […]
Advantageous ILS market conditions see cat bonds at 70% of Citizens program: CFO Montero
Florida’s Citizens Property Insurance Corporation has leaned more heavily on the catastrophe bond market for its 2025 risk transfer strategy, with CFO Jennifer Montero revealing that 70% of the insurer’s total risk transfer program, including both new and continuing coverage, is now backed by cat bonds. Speaking during Artemis’ recent Catastrophe Bond and ILS Market Conditions […]
Jamaica builds on parametric disaster risk financing for 2025. Cat bond remains core
The Government of Jamaica has prepared itself for the 2025 hurricane season with a further increase to its National Natural Disaster Risk Financing Policy arrangements, with the largely parametric reserves and contingent financing augmented with parametric insurance and its World Bank catastrophe bond. In March this year, the Jamaican Ministry of Finance negotiated a further J$6.5 billion […]
David Maslo appointed interim CEO of African Risk Capacity Ltd
The Board of African Risk Capacity Limited (ARC Ltd), the financial affiliate and parametric insurance underwriting entity of the African Risk Capacity (ARC) Group, has announced the appointment of David Maslo as interim CEO, effective June 16th, 2025. Maslo, a seasoned leader across the sector, brings a strong combination of actuarial expertise and policy insight […]