Here's our latest Friday wrap-up of key news from the week.
This week we published our new catastrophe bond market report, detailing the massive Q2 and record-breaking first-half issuance.
Activity continues into Q3, with a new retro cat bond from Swiss Re under its Matterhorn Re program of deals.
Insurer Mercury secured its debut Luca Re cat bond to provide an upsized $150m of California fire reinsurance.
SageSure finalised its latest Gateway cat bond for two linked reciprocal exchanges, to provide hurricane protection for this season.
Meanwhile, Ariel Re's CEO explained how the four-year stability of its longest-termed cat bond so far benefits the reinsurer.
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, after the mid-year renewals, Aon said that reinsurance and ILS capacity are once again outstripping demand.
We were first to report on Accelerant's upsizing of its Flywheel Re sidecar with a meaningful increasing in Baring's commitment.
Gallagher Re said that ILS capital drove structural flexibility and softer pricing at the mid-year renewal season.
Cedar Trace ILS and Sage Advisory announced a partnership on ILS-enhanced credit investment opportunities.
Members Capital launched its first tokenised reinsurance investment fund.
Perren Capital Management hired its first COO, Susan Richardson.
Cedar Trace ILS made three senior hires as it continues to build-out its platform.
Aon said it expects more casualty reinsurance sidecars to launch over the next year.
The Inter-American Development Bank (IDB) is aiming to help members transfer risk to the reinsurance and capital markets.
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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