The Daily 3: Still working at 65? This Medicare mistake could cost you for life; trust fund crisis warning; and more

Catch up in minutes with your daily briefing on the Social Security, Medicare & Retirement news that affects you most.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

February 18, 2026   |   Read Online Wednesday briefing: Social Security trust fund warning; statement income confusion; costly Medicare mistake; and more Catch up in minutes with your daily briefing on the Social Security, Medicare & Retirement news that affects you most. What to Know for Wednesday, February 18, 2026: 1: Social Security's trust fund nearing insolvency could trigger market crisis, economist warns (Image credit: Getty Images) The deadline: The Congressional Budget Office estimates the Social Security trust fund will run out of money by fiscal year 2032 (starting October 2031) — if Congress takes no action, a typical couple aged 60 today would face an $18,400 benefit cut at retirement. The temptation: Instead of making tough choices like cutting benefits or raising taxes, Congress may try to finance Social Security's shortfall with borrowed money — but economist Veronique de Rugy warns markets would react immediately with inflation, not wait for debt to pile up. The consequences: If Congress commits to a debt-financed path, investors could reprice U.S. debt right away, triggering rapid inflation and forcing the Federal Reserve into a no-win situation: hike rates to fight inflation while driving up debt costs, or tolerate higher inflation to avoid worsening the debt crisis. ➜ Read the full story from Fortune here. 2: Why your Social Security statement shows more income than you'll actually receive The crisis: Social Security's trust fund is approaching insolvency and will soon transition to paying benefits directly from payroll taxes, meaning promised benefits will exceed available funding and cuts are coming. Double trouble: Personal savings rates have dropped from 6.2% in early 2024 to just 4.2% by mid-2025, leaving households with no financial buffer when benefit cuts arrive — and each year of reduced benefits compounds with 2.16% annual inflation. Action steps: Delay claiming benefits past full retirement age for an 8% annual increase until age 70, maximize your earnings now to increase your benefit base, and build dedicated retirement savings through a 401(k) or IRA to bridge the gap. Source: 24/7 Wall St. ➜ Read the full story from 24/7 Wall Street here. 3: Still working at 65? This Medicare mistake could cost you for life (Image credit: Getty Images) The penalty: If you don't sign up for Medicare on time, you'll face a 10% surcharge on your Part B premiums for each 12-month period you were eligible but didn't enroll — and that surcharge stays with you for life. The exception: If you're still working at 65 with qualifying group health coverage (usually plans with 20+ employees), you can delay enrollment without penalties and get an eight-month special enrollment period after leaving that job. What doesn't qualify: COBRA, retiree insurance plans, and Health Insurance Marketplace plans do NOT count as qualifying coverage for a special enrollment period — if you have these plans, you must sign up during your initial seven-month enrollment window to avoid surcharges. ➜ Read the full story from the Motley Fool here.​   Free Medicare Help with Chapter 90% of American seniors are on the wrong Medicare plan. Thankfully, Chapter is here to help! They can help you switch to the right plan and save $$$. Chapter saves the average senior $1,100 per year! Plus, it is 100% risk-free! Give them a call to find out how much you could save: 539-205-2147. askchapter.org/insider Here's What You Missed on YouTube: Check out our new YouTube videos for Wednesday, February 18th. Where's My Check? 5 Reasons Your Social Security Payment Is LATE & How to Fix It TODAY! Where's My Check?! 5 Reasons Your Social Security Payment Is LATE (Fix It Today) Can Retirement Kill You? Can Retirement Kill You? - Why So Many People Die Shortly After Retirement Visit our YouTube Channel This newsletter is for information only. Always confirm your options directly with Social Security, Medicare, Medicaid, or a qualified advisor before making big decisions about your benefits. *View our Advertising Disclosure   Update your email preferences or unsubscribe here © 2026 Benefits Insider 228 Park Ave S, #29976, New York, New York 10003, United States Terms of Service

A short reminder.

͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­

	Forwarded this email? Subscribe here for more It's a process. A short reminder. Matthew Fried Feb 18   READ IN APP   The breath is a constant, ongoing process. So are you. Men’s Group • LinkedIn • Instagram • X   Like Comment Restack   © 2026 Matthew Fried 548 Market Street PMB 72296, San Francisco, CA 94104 Unsubscribe

Artemis Newsletter - February 18th 2026

Our news and analysis from the last week ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Web version |  Update preferences |  Forward Artemis Newsletter - February 18th 2026 Artemis News Log - L&G to maintain exposure to catastrophe bonds despite spread tightening - Hiscox Capital Partners launches to unite third-party capital & ILS at Hiscox Re - Challenger Life's cat bond investments beat benchmark in last half-year - Cyber ILS still an effective alternative capital solution for large-scale, systemic risk: S&P - American Integrity's now up to $275m cat bond has one of the highest paying tranches ever - Inflows, low losses created "environment of high demand for ILS" in 2025: Monnier, Swiss Re - Florida State pension invests $200m in Tangency Q/S fund, $200m in Nephila specialty vehicle - NCIUA seeks $400m Cape Lookout Re 2026-1 cat bond, its second with resilience feature - Nephila hires former Openly / Everest exec Landi as Head of Strategic Growth - ILS as a key source of reinsurance capital is only going to continue: Schwebach, Gallagher Re - RenRe's new Stratos Fund is a managed cat bond account for a single institutional investor - Cat bonds now "structural anchors". Investors look to long-term ILS allocations: HCMA - AXIS earned $54m of ILS fees in 2025, sets up Monarch Point Re 2026 collateralized insurer - Global data center expansion presents clear role for ILS and capital markets: Aon - Dutch pension PFZW gets another $150m Vermeer Re dividend - Nuveen to acquire Schroders for ~£9.9bn, creating $2.5tn asset group. Brand to be retained - SafePoint secures two-thirds upsized $250m Nature Coast Re 2026-1 cat bond - Aon names Peiser Risk Capital CEO, a key role across reinsurance, ILS and capacity delivery - AIG has "strong pipeline of SPV opportunities", driving premium and fees: CEO Zaffino - AIG secured further efficiency in aggregate protection at advantageous renewal: CEO Zaffino - Parametric a 'competitive option' for buyers. Capital market investor interest increasing: Gallagher Re - Cat bonds among most compelling instruments in alternative investments: Neue Bank - Reinsurance T&C's not yet irrational as cycle shows signs of stability: Autonomous - Casualty ILS the standout theme for Price Forbes Capital Markets in 2025 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 London 2026:   September 1st Our annual catastrophe bond and ILS conference returns to London on September 1st 2026. Please save the date! Artemis London 2026 - Sept 1st - Save the date 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

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