Here's our latest Friday wrap-up of key news from the week.
USAA marked the re-opening of the cat bond market this week, bringing a new ResRe deal that targets $300m+ in multi-peril occurrence catastrophe reinsurance protection.
We published our brand new quarterly cat bond market report, that details an above-average Q3 at $1.036bn of issuance, lifting the annual total so far to $18.6bn.
This week we opened up registration for our next ILS conference, with Super Early Bird tickets now available for ILS NYC 2026.
Lane Financial estimates expected returns for the cat bond market of around 10.5% in 2025, giving the potential for this to be a third year of double-digit returns in a row.
The Auckland Future Fund (AFF) approved an investment policy that includes cat bonds as an allowable alternative asset class.
Thai asset manager KKP launched two cat bond funds for the domestic market there that will act as feeders to a Twelve Securis strategy.
In other stories this week, cat bond market yields declined further on seasonal spread tightening in September, while the discount margin now sits at levels close to 2021.
TWIA now projects the amount of reinsurance and catastrophe bonds it may require for the 2026 wind season could be roughly 46% lower than this year's program.
US mutual ILS funds are growing, with Stone Ridge's assets hitting $5.8bn, the Pioneer dedicated ILS funds hitting $2.16bn, and the Ambassador Fund hitting $607m.
Tanja Wrosch, Head of Cat Bond Portfolio Management at Twelve Securis told us that digitization and discipline are key to sustaining market growth.
Augment Risk teamed with Cohen & Company to launch a casualty insurance-linked securities (ILS) facility.
Hannover Re announced a leadership transition and restructure within its Insurance-Linked Securities (ILS) and Retrocession team.
MGA Bamboo announced a new multi-year transaction that expands the Greenshoots Re Ltd. collateralized reinsurance sidecar vehicle to cover a new E&S program.
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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