Private cat bond issuance in 2025 surpasses last year, with $24.4m of new Eclipse Re notes
Private catastrophe bond issuance in 2025 has now surpassed the full-year total from 2024, as three new series of notes issued by the Eclipse Re Ltd. transformer vehicle have come to light and taken this year’s figure to over $465 million. 2024 saw a dip in the volume of issuance coming