Here's our latest Friday wrap-up of key news from the week.
In the catastrophe bond market this week, investment firm One William Street Capital Management entered for the first time, seeking $125m of named storm risk transfer from the 144A market.
Covéa Group is now targeting lower spreads for its latest cat bond, while the goal remains to secure €200m of reinsurance protection.
The sixth transaction in the Acorn Re parametric earthquake cat bond series priced to provide $240m of protection, while the spread paid to noteholders will be below the initial price guidance.
USAA secured its upsized $400m target for multi-peril per-occurrence reinsurance from its latest cat bond at meaningfully reduced pricing.
We also reported on another private cat bond, a $15m LI Re 2025-2 deal from Hannover Re's Kaith Re vehicle.
This week we also published the report from our recent Monte Carlo ILS executive roundtable event.
In addition, we published a video of the cat bond panel at our recent Artemis London 2025 conference.
In other stories this week, Man Group has now launched its awaited UCITS catastrophe bond fund.
Tropical storm Melissa is expected to strengthen into a major hurricane and threaten Jamaica this weekend, bringing its cat bond and parametric insurance arrangements into focus.
UCITS cat bond fund assets as a group climbed to a new high of $17.73bn after Q3, having grown 28% so far this year.
After the recent Amazon AWS cloud system outage, Parametrix told us it is unlikely to be significant enough to be considered a Catastrophic Event.
The Australian Prudential Regulation Authority is moving forward with its process to ease access to cat bonds and ILS solutions in the country.
The FCA Re reinsurance sidecar, a joint initiative between Fortitude Re and Carlyle, has been capitalised with more than $700 million in deployable capital from a range of investors.
In property catastrophe reinsurance "the bloom is off the rose" according to Rob Berkley, President and CEO of W. R. Berkley Corporation.
Chris McKeown of Vantage Risk tols us the company is building a "mosaic of capital providers," matching different investors with different risks.
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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