Tuesday, March 3, 2026

Artemis Newsletter - March 4th 2026

Our news and analysis from the last week ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Artemis Newsletter - March 4th 2026

Artemis News Log

- Florida Citizens plans to call $1.1bn of cat bonds. Expects to save on a partial replacement

- Broadening the investable ILS universe through proprietary catastrophe modelling: Swiss Re

- Chubb cedes more premium to ABR Re in 2025 as overall earnings benefit grows

- AFME responds to EU's climate resilience framework with call for expanded ILS & cat bond use

- Casualty sidecars surge in Bermuda as investors pivot to longer-duration yields: Fitch

- Florida Citizens entered 2026 with 67% less exposure, sees $3bn reinsurance / cat bond need

- Zurich / Beazley agree £8.1bn acquisition terms. Business as usual for Beazley's cyber ILS plans

- Parametric pools ARC, CCRIF, PCRIC, SEADRIF to explore joint reinsurance platform

- Nephila Capital fund management revenues rose 68% to $159.2m for Markel in 2025

- Hong Kong to move forwards with tax exemption for ILS investments

- Elementum Advisors grows ILS AUM to $3.8bn, despite White Mountains investment declining

- Munich Re names Leonie Schubert as new Global Head of Capital Partners

- RenRe third-party capital AUM surpassed $9bn for first time, then dipped on capital returns

- Reinsurance capital build-up means Berkshire Hathaway expects to write less premium: Abel

- Tokio Marine targets new $100m Kizuna Re quake cat bond sponsorship from Singapore

- Everest earned $35m dividend and $7m investment income from Mt. Logan Re in 2025

- Swiss Re CEO on alternative capital leverage, value-chain reimagination, AI, cycle management

- PERILS raises Queensland & New South Wales SCS losses 11% to AU $2.95bn

- Robust cat bond activity, global demand to sustain spread levels in 2026: SCOR Investment Partners

- Swiss Re reports strong profits, stable renewals, reduces external nat cat retro

- Primary insurers to bear more impact from 2026 winter storm losses than reinsurers: AM Best

- Photon Re cat bond a 'natural evolution' of Lumen Re's risk-transfer strategy: CUO Sapelza

- Bid-heavy demand, tightening cat bond spreads persisted in secondary market: Swiss Re

- Cat bond market flexibility & pricing creating good opportunities for American Integrity: CEO

- Northern Re, aligning institutional capital with cedent objectives via integrated reinsurance platforms

- Munich Re slashes retrocession, scraps sidecars, shows ambition to retain reinsurance profits

- PERILS pegs Victoria bushfire insured market loss at AU $786m

- Slide's recent $320m Purple Re cat bond cost risk-adjusted down 20%+ YoY: CEO Lucas

- Universal has 90% of 1st-event cat tower placed, secures new multi-year reinsurance: CEO

- Cohen & Company raises €481.5m for subordinated insurance debt funds

- Deployable ILS capital has risen faster for Hiscox, expected to keep growing: CEO Aki Hussain

- IFSCA to send SPI sidecar proposals to Indian government: Chairman K. Rajaraman

- Northern Re's platform scales to $325m capacity following $150m capital raise

- Allstate secures $1.2bn reinsurance with new Sanders Re cat bonds, its largest placement ever

- Hiscox Capital Partners grows ILS AUM to $1.5bn, secured $330m of inflows over last year

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

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E-Mail: steve@artemis.bm
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Broadening the investable ILS universe: Swiss Re

As the catastrophe bond market continues to expand into new perils and more complex structures, broad and credible modelling coverage becomes highly important ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Broadening the investable ILS universe: Swiss Re

View our catastrophe bond market charts and visualisations

Broadening the investable ILS universe through proprietary catastrophe modelling: Swiss Re

As the catastrophe bond market continues to expand into new perils and more complex structures, broad and credible modelling coverage becomes highly important. However, reinsurer Swiss Re's proprietary catastrophe models allow the firm to analyse a wider range of risks, which according to executives expands the "investable universe" while maintaining a well-understood risk-return profile.

Artemis recently spoke to Balz Grollimund, PhD, Head of Catastrophe Perils, and Mariagiovanna Guatteri, PhD, Chief Investment Officer of Swiss Re Insurance-Linked Investment Advisors Corp. (SRILIAC), who both explained how Swiss Re's in-house catastrophe modelling capability works in practice, and how it also supports investment decisions.

Read the full story.

Other articles:

Download our catastrophe bond market reports

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[SoSS 2026 Report] What Happens When Keeping Pace Isn’t an Option?

2026 State of Software Security

Critical flaws are outpacing capacity. See the full analysis.

Download Now

In case you missed it, we dropped the 2026 State of Software Security report last week which revealed that 82% of organizations are now burdened by security debt. Even more concerning is the 36% relative surge in high-risk vulnerabilities.

In addition to the above findings, we also analyze other key themes shaping the future of software security:

The Double-Edged Impact of AI: Learn how to leverage AI for productivity while mitigating new risks
Persistent Struggles in Remediation: Discover why fix rates are stalling and how to reverse the trend
Hidden Risks in Third-Party Code: Gain clarity on the threats embedded in your supply chain

Download the full report below for access to all the data-driven insights you need to lead your organization with confidence.

Want to dive deeper and have your questions answered?

View the recording of our 2026 SoSS webinar here
Chris Wysopal will be giving a brief overview of this year's report and signing copies in the Veracode booth (#435) at RSAC 2026! Catch him on 3/24 at 11:15am PT and 3/26 at 1:45pm PT.