Artemis Newsletter - December 10th 2025

Our news and analysis from the last week ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Web version |  Update preferences |  Forward Artemis Newsletter - December 10th 2025 Artemis News Log ILS NYC 2026 - Tickets selling fast - Azimut Investments approved to launch new UCITS catastrophe bond fund - ILS market could grow another $10bn to $20bn in 2026 as inflows continue: Millette, HSCM - Jireh & SRS launch operational engine OpIngen to further modernise ILS and reinsurance - Ledger Investing launches SaaS platform Korra to drive casualty ILS market growth - Turris Re quake cat bond, a milestone for Israel and testament to HCMA's market impact: Madea - AXA XL secures $175m Galileo Re 2025-1 retro cat bond, priced at low-end - California FAIR Plan seeks reduced spread for $750m Golden Bear Re wildfire cat bond - ILS NYC 2026 – Only two months to go. Register soon if you want the Early Bird rate - Galapagos Capital uses SSPE structure to issue R$100m Brazil ILS transaction - UCITS cat bond funds average 9.60% return for 2025 after Nov, some funds hit double-digits - Germania Insurance to sponsor debut $100m Handshake Re catastrophe bond - RenaissanceRe sponsoring $200m Mona Lisa Re 2026-1 retro catastrophe bond - Allianz and Oaktree launch sidecar syndicate at Lloyd's, funded via London Bridge 2 PCC - Cat bond market yield decline slows in November, but spread over expected loss dips further - Beazley secures the biggest cyber cat bond so far, as PoleStar Re 2026-1 priced at $300m - The Hartford secures $270m Foundation Re IV 2026-1 cat bond priced below guidance - Farmers secures upsized $400m Topanga Re 2025-1 cat bond at reduced pricing - Swiss Re working on "future ideas" in ILS. May need less retrocession: CFO and CEO - Rates down 10-15% for "late" 1/1. Cat bonds down more. Floridians to benefit: Dittman and Seo - Swiss Re highlights third-party capital investors as supporting nat cat growth - FEMA discloses Quantedge as fronted investor in 2025 traditional reinsurance program - Meritage Re 2026-1 cat bond seeks $200m named storm cover for GeoVera and SafePort - QBE targets $300m Bridge Street Re 2025-2 multi-peril catastrophe bond - Chubb targets $150m East Lane cyber cat bond, the first to provide aggregate coverage - Modernisation and liquidity needs of a growing ILS market: Artemis London 2025 video - Parametrix pays claims swiftly after AWS outage triggers parametric policies - CCRIF unveils parametric policy to safeguard vulnerable groups after severe weather events - Renaissance Re Capital Partners adds Johnson as SVP Business Development, EMEA / APAC - Investing in Lloyd's a logical and underutilised pathway to returns: Argenta - Convergence of tokenisation and ILS an opportunity for Bermuda: BMA - Caterina hires Anthony Russo from Swiss Re as Chief Product Officer and Interim COO - King Ridge Cat Bond UCITS ETF launches as first cat bond fund with lead market maker For continuous coverage in real-time visit Artemis. For details of the latest catastrophe bonds visit our Deal Directory (containing over 1,000 entries.) Featured Conferences & Events Artemis ILS NYC 2026 - February 6th, 2026, New York City   We return to our usual venue in Midtown NYC on February 6th 2026, for the next installment of our popular ILS NYC event. We will have space for up to 450 attendees to join us. Tickets are selling fast so register soon! Register soon to attend ILS NYC 2026! Reinsurance News Reinsurance News is a our sister service which delivers the reinsurance news that matters directly through our responsive website and by email to your inbox. The Reinsurance News website has over 200k readers every single month and it covers the most important reinsurance news, hand selected by an experienced team of researchers and journalists with years of reinsurance industry experience. Sign up here to receive your daily Reinsurance News. Stay in touch with Artemis Please get in touch if you would like to submit news, events or information for publication. We welcome submission of useful market data which we can publish to help expand your reach. Advertising and sponsorship opportunities are available. With a large audience of 60,000+ readers every month Artemis is the perfect place to showcase your specialty to ILS industry professionals. Contact us for more details. You can unsubscribe from these newsletters at any time using the link at the foot of this email. We hope you won't and promise to only send market update and news, or relevant updates related to our services. Best wishes and enjoy Artemis. Steve Evans. Owner, Editor - Artemis E-Mail: steve@artemis.bm Tel: +44(0)7711-244697 If you enjoy this newsletter and find it useful please pass it on and share it with your colleagues. If you've been forwarded this but want to subscribe, visit artemis.bm.     Our Sponsors               ADVERTISE YOUR BRAND OR SERVICES HERE DEAL DIRECTORY View details of almost 1,000 catastrophe bonds and related ILS deals CHARTS & VISUALISATIONS View our range of catastrophe bond market charts and visualisations CAT BOND MARKET REPORTS Download our quarterly cat bond market reports VIDEOS & PODCASTS Watch video interviews, panel discussions and listen to our podcast EVENTS CALENDAR View details of and register for our next ILS market conferences

You may be receiving this because you recently attended an industry event we partnered with, giving us permission to email you. If you don't want to receive our weekly ILS, catastrophe bond and reinsurance capital newsletter please Unsubscribe or Edit your subscription here. © Steve Evans Ltd. - Artemis.bm

Azimut approved for new UCITS cat bond fund

The European asset manager is set to return to the UCITS cat bond fund management sector ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Web version |  Update preferences |  Forward Azimut approved for new UCITS cat bond fund Azimut Investments approved to launch new UCITS cat bond fund Azimut Investments, part of the independent European asset management and financial services group, has gained approval from the regulator in Ireland for a new UCITS catastrophe bond fund, which will be named AZ Alternative – Insurance Linked Premium Yield, Artemis can report. The impending launch of the AZ Alternative – Insurance Linked Premium Yield cat bond fund will be the third UCITS cat bond fund launch in as many months. This new fund will sit within the Azimut (AZ) Thematic umbrella trust regulated in Ireland and is said likely to launch with around US $40 million in seed capital. Read the full story. Other articles: ILS NYC 2026 – Only two months to go. Register soon if you want the Early Bird rate.   ILS market could grow another $10bn to $20bn in 2026 as inflows continue: Millette, HSCM.   Galapagos Capital uses SSPE structure to issue R$100m Brazil ILS transaction. Please share this with colleagues and friends if you think they would like to receive it. If you've been forwarded this but want to subscribe, visit Artemis.   You may be receiving this because you recently attended an industry event we partnered with, giving us permission to email you. If you don't want to receive our weekly ILS, catastrophe bond and reinsurance capital newsletter please Unsubscribe  or Edit your subscription here . © Steve Evans Ltd. - Artemis.bm

Last Chance: Register to Learn About The Gen Z Cyber Threat

Join our expert panel to understand the new face of cybercrime and how to mitigate risk.

Inside the Mind of Gen Z hackers   What every security leader needs to know about the next wave of cyber threats   Register Now       The average threat actor is only 19 years old, often recruited via gaming servers and social media. This evolving trend poses a growing risk for businesses. Be sure to join our expert panel on December 10th at 11am ET at How Gen Z Is Reshaping the Cyber Threat Landscape. You will learn: How these threats develop from gaming servers to sophisticated cyber operations How to turn this emerging threat into an opportunity for talent acquisition and growth Strategies to mitigate this new form of risk Register now to secure your spot.     Register Now       65 Blue Sky Drive, Burlington, MA 01803     info@veracode.com      888-937-0329 © 2025 Veracode Inc. All rights reserved. Unsubscribe  |  Manage preference