Here's our latest Friday wrap-up of key news from the week.
Notably this month, our Artemis metric for total issuance of catastrophe bonds and private cat bonds we've tracked so far in 2025 has already beaten the record set in full-year 2024.
Cat bond issuance has now slowed, with the start of the hurricane season, but the remaining 144A deal in the market has seen its price guidance lowered for sponsor Swiss Re.
A flurry of private cat bonds emerged this week though, with the largest deal yet from the Mangrove platform, the first deal of 2025 from Eclipse Re, and a new issuance from the Kaith Re structure.
In the UCITS cat bond fund market, lower-risk funds continued to lead the way after June.
While cat bond market yields rose above 11% through last month, but are now set to decline with wind season effects.
This week we announced four new speakers for our upcoming Artemis London 2025 conference.
Tickets are selling fast for Artemis London 2025. The Early Bird rate is still available for the conference on September 2nd.
In other stories this week, hurricane season forecasts were lowered slightly by Tropical Storm Risk and the Colorado State University teams.
We reported on a new filing in the White Rock lawsuit against China Construction bank, as the former uncovered a bank transfer to the main Vesttoo investor YuPo that was sent to a CCB account.
We reported that Italian insurer Unipol secured a EUR 300m aggregate cover, as it had been planning.
While trapped collateral issues were said to have been dealt with more commercially in some cases during the mid-year renewals, Gallagher Re said.
Shifting U.S. trade and immigration policies are introducing a new, unmodeled layer of risk for the ILS market, according to Neuberger Berman.
A new study from Swiss Re said that catastrophe exposure growth will keep outpacing insurance premiums.
The cat bond market can still hit an 8.5% return for 2025, with an expected level of losses, Lane Financial explained.
We were first to report this week that the Pioneer Cat Bond Fund has grown to $1.13 billion of assets.
Finally, if you haven't seen them, Artemis has a wealth of data and analytics on the catastrophe bond and broader ILS market. View our charts and Deal Directory.
Catch up on our video interviews with ILS market leaders here.
If you prefer to listen, subscribe to our podcast series for audio interviews & additional special episodes.
We'll be back next week with more regular coverage.
We hope you have a safe & relaxing weekend.
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