The first two parametric catastrophe bonds to be issued directly by the Asian Development Bank (ADB) on behalf of its member countries the Kyrgyz Republic and Tajikistan are now targeted for a slight upsizing to as much as $80 million each, while the pricing for the risk margin each set of notes will pay
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
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
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
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,
Gálapagos Capital Sociedade Seguradora de Propósito Específico S.A., the Brazil based SSPE or special purpose reinsurance vehicle that can issue Letra de Risco de Seguro (Insurance Risk Letters) and is owned by global investment company Galapagos Capital, has now issued its second arrangement under the Brazilian insurance-linked securities regime. Galapagos
The fundamentals underpinning recent and expected future levels of activity in the catastrophe bond market are tremendous according to John Seo of Fermat Capital Management LLC, given which the cat bond market’s growth is absolutely to be expected and absolutely viewed as sustainable, he has explained. Speaking during a Fermat
Despite its status as the world’s largest asset class, fixed income is not usually recognised for its environmental or social contributions. However, a recent article argues that investors are overlooking significant opportunities within the space, highlighting catastrophe bonds as a fundamental pillar of impact-driven fixed income. The article comes from
The European Insurance and Occupational Pensions Authority (EIOPA) and the European Stability Mechanism (ESM), have announced a proposal for a Europe‑wide risk‑sharing framework to address the natural catastrophe insurance protection gap while safeguarding private‑sector involvement. Released on 9 April 2026, the proposal arrives at a pivotal moment, as escalating climate