Here's our latest Friday wrap-up of key news from the week.
This week a new 144A cat bond launched, as the Los Angeles Department of Water and Power (LADWP) returned seeking wildfire protection.
We also reported on a new private cat bond that came to light, this time from the Artex Axcell Re platform.
Mercury Insurance has now recovered $20.05m from its Randolph Re 2024-1 private cat bond, after losses from the January 2025 wildfires in California exceeded the attachment.
Swiss Re Capital Markets said momentum is expected to continue in the cat bond sector, which is positioned for an exceptional year of issuance.
The UNDRR has proposed a Disaster Resilience Adaptation Financing (DRAF) structure that features an ILS vehicle, to support disaster insurance coverage and resilience adaptation financing.
Not long to go until our Artemis London 2025 conference.
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In other stories this week, SageSure launched its first sidecar Seawall Re, as it looks to add sideways and other perils coverage from the capital markets.
Ascot launched a $500m casualty sidecar named Wayfare Re, in partnership with credit investor Antares Capital.
Allstate acquired a new US nationwide (incl Florida) homeowners aggregate reinsurance cover at the renewals.
Everest CEO Jim Williamson said that the property cat market remains "outstanding" while also highlighting the fund raising success of its Mt. Logan Capital Management unit.
Nephila Capital's catastrophe premiums sourced through Markel's infrastructure has soared in the first-half of 2025.
Aon is seeing strong growth in uptake of parametric solutions, unlocking new capital sources for commercial clients including from insurance-linked securities (ILS) markets, CEO Greg Case said.
Catastrophe bond funds have outpaced private ILS funds included in the ILS Advisers Fund Index for the first-half of 2025.
SCOR's CEO said the January 2026 renewals may be more competitive than was seen at the start of this year.
Jens Ziser of Ecclesia Re said casualty ILS will play a vital role in the capacity strategy of the future.
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.
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We'll be back next week with more regular coverage.
We hope you have a safe & relaxing weekend.
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