Catch up on our top stories of the last week
Best of Artemis, week ending November 9th 2025 | | | 
Early Bird rate tickets are selling fast! - Jamaica to receive full $150m payout from parametric cat bond after Hurricane Melissa: World Bank
The World Bank confirmed that following the events of Hurricane Melissa, the Government of Jamaica will receive a full 100% payout of its $150 million IBRD CAR Jamaica 2024 parametric catastrophe bond. - Jamaica to get $70.8m parametric CCRIF payout for hurricane Melissa winds
CCRIF SPC, the Caribbean and Central America Parametric Insurance Facility and Development Insurer, is set to make its biggest single payout after after major hurricane Melissa triggered Jamaica's tropical cyclone policy. - Gallagher Securities hires Cassis from Swiss Re as Senior ILS Structurer
Gallagher Securities, the insurance-linked securities (ILS) and capital markets broker-dealer division of reinsurance broker Gallagher Re, has added new structuring expertise with the hire of Caroline Cassis who joins from Swiss Re where most recently she worked in cat bond and ILS structuring. - Cat bond market yield falls to 8.81% at Oct 31st 2025, risk spreads lowest since Nov 2019
The overall yield of the catastrophe bond market declined to 8.81% as of October 31st 2025, falling back to levels last seen in June 2022, while the insurance risk spread, or discount margin, has now declined to its lowest point since November 2019, the latest data from Plenum Investments shows. - Soft property re/insurance a "pricing correction" after market over-reacted: Aon's Peiser
The insurance and reinsurance market over-reacted in the fourth-quarter of 2022 and now with property pricing softening across the board, Aon's Joe Peiser, Chief Executive Officer of Commercial Risk Solutions, has said the broker would characterise this soft market as a "pricing correction." - Vantage expands Partnership Capital platform & reinsurance division with key promotions
Vantage Risk has expanded its leadership team with a number of key promotions across its Reinsurance division and Partnership Capital platform, including Brant Loucks, who has been promoted to Managing Director, Partnership Capital & ILS. - Nephila Capital assets under management rose $600m in a year to $7.6bn
Nephila Capital, the specialist insurance-linked securities and catastrophe reinsurance investment manager had a successful twelve months of capital raising, with its assets under management (AUM) rising by $600 million to reach $7.6 billion as of September 30th 2025. - CEA seeks $600m Ursa Re II 2025-2 cat bond to grow capital markets quake reinsurance
The California Earthquake Authority (CEA) has returned to the catastrophe bond market to sponsor its third issuance this year and with an initial target to secure $600 million in fully-collateralized earthquake reinsurance from this Ursa Re II Ltd. (Series 2025-2) issuance it could become one of its largest cat bonds ever. - Liberty Latin America anticipates $81m parametric payout for hurricane Melissa
Liberty Latin America, one of the largest communications and entertainment service providers in the region, is anticipating around an $81 million payout from its parametric windstorm insurance after hurricane Melissa activated its coverage in the Caribbean. - Hurricane Melissa insured loss up to $2.5bn, says Cotality. Jamaica's PM highlights protection gap
Hurricane Melissa is only estimated to have caused insured losses in a range from US $1 billion to US $2.5 billion in Jamaica, according to catastrophe modeller Cotality, with the total expected pegged at US $1.5 billion, while the economic impacts are far higher demonstrating the protection gap. | Featured Conferences & Events | Reinsurance News is a our sister service which delivers the reinsurance news that matters directly through our responsive website and by email to your inbox. This single daily email contains the most important reinsurance news, hand selected by an experienced team of researchers and journalists with years of reinsurance industry experience. | Stay in touch with Artemis | | | | |
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