Artemis Newsletter - May 7th 2025

Our news and analysis from the last week ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Web version |  Update preferences |  Forward Artemis Newsletter - May 7th 2025 Artemis News Log - TWIA cat bond and reinsurance placement for 2025 "looking good". Rate-on-line down - Amanda Lyons promoted to CEO of Aon Reinsurance Solutions in Bermuda - Fermat to become sole manager of offshore GAM FCM Cat Bond Fund - Reminder: Register for our live webinar on Cat Bond & ILS Market Conditions at Mid-Year - Florida Citizens secures the biggest catastrophe bond ever, $1.525bn Everglades Re II - GAM Star Cat Bond Fund loses 25% of assets in April, AUM declines by ~$650m - Twelve Securis limits new subscriptions to flagship cat bond fund to maintain integrity as it grows - US Coastal secures upsized $330m Chartwell Re cat bond priced below guidance - USAA secures $425m aggregate reinsurance from new Residential Re 2025-1 cat bond - Slide still on-target for $250m Purple Re 2025-1 cat bond, its largest yet - Texas FAIR Plan's $200m Bluebonnet Re 2025-2 cat bond price moves to upper-end - TWIA upsizes Bluebonnet Re 2025-1 catastrophe bond target to ~$500m - Ocean Harbor secures debut Oceanside Re 2025-1 cat bond at targeted $75m size - RenRe forecasts third-party capital fees to resume typical run-rate, AUM stable-to-up - Cyber & Parametric ILS gain momentum as cat bond market evolves: AM Best - Industry pushback mounts against Louisiana catastrophe reinsurance bill - Ontario & Quebec March ice storm industry loss initially said C$342m by CatIQ - Everest sees strong property cat demand, expects June renewals to support growth: CEO - Bermuda re/insurers to pay ~$10bn in California wildfire claims. Bermuda ILS will pay more - Catastrophe bonds could make-up 70% of Florida Citizens reinsurance in 2025 - Healthy interest for higher ILS layers, though CA wildfires to weigh on fees: Hiscox CFO - Allstate lifts Nationwide reinsurance tower to $9.5bn. Agg cat bonds attach at $4bn in 2025 - USAA could upsize new Residential Re 2025-1 cat bond to $425m - Massachusetts MPIUA targets $150m Mayflower Re 2025 catastrophe bond - Generali seeking to renew its "green cat bond" with EUR200m Lion Re DAC - Hannover Re seeks wind & quake retrocession from $100m 3264 Re cat bond - Hiscox reports ILS assets dip $100m to $1.3bn on impact of California wildfires - Nephila ILS fund management revenues rise 33% to $25.5m in Q1 2025 for Markel - Cat bond market repriced to lower margin: Arch CEO - Bermuda Stock Exchange (BSX) catastrophe bond listings grow 5% to $47.53bn in Q1 - Cyber cat bonds may outperform on major loss reinsurance recoveries, Howden Re data shows - New Black Kite Re cat bond reflects Peak Re's goal to address Asia's evolving cat risks: CEO - Private ILS outpace cat bonds in positive March for ILS fund sector: ILS Advisers 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 Conferences in 2025 and beyond?   Please save these dates for upcoming Artemis conferences: Artemis London 2025 - September 2nd, 2025, London UK. We will be at a new and larger venue in the centre of the City this year, with space for 300 or more attendees. Tickets will be on sale soon! Artemis ILS NYC 2026 - February 6th, 2026, New York City. We will be back at our usual venue in Midtown NYC for our next installment of the ILS NYC event, with space for up to 450 attendees. We'll let you know when tickets are available 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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