Cat bond pipeline builds to $2.75bn of marketed securities

With new cat bond issuances launching, the market pipeline is building to a level that will begin to soak up some of the strong investor demand being seen ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Web version |  Update preferences |  Forward Cat bond pipeline builds to $2.75bn Cat bond pipeline builds to $2.75bn of marketed securities With seven new catastrophe bonds added to the pipeline of issuance in just over one week, deal-flow tracked by Artemis is building to levels that will absorb much of the cash liquidity in the market. Just today we've covered two new cat bonds that have launched since Friday, a $175m Galileo Re deal for AXA XL and a $270m Foundation Re for The Hartford. In addition, the CEA's latest Ursa Re could now upsize to as much as $770m. Last week we reported on a $200m PoleStar Re cyber cat bond for Beazley, a $300m Topanga Re for Farmers, a $250m Gloden Bear Re cat bond debut for the California FAIR Plan, a $125m Mystic Re for Liberty Mutual and a $100m Fuchsia 3 nat cat bond for Beazley. With other cat bonds still in the market from prior week's, or waiting for settlement, the pipleline of cat bonds in the market but still not with their issuances completed has now risen to $2.75bn. View the pipeline in our Deal Directory. Rows are green until a new cat bond issuance settles.   See the amount of limit in the cat bond market pipeline at any time in this chart. As the pipeline of cat bond issuance continues to build, some ILS investment managers will find new opportunities to raise fresh capital to support deployment into these new deals. Issuance is far outpacing maturities for the fourth-quarter of 2025, but we're told there is ample interest from investors to absorb the current new deal pipeline. The market is expected to remain well-capitalised through the next few months at least, unless the pipeline continues to expand meaningfully. The cat bond market maturity schedule, which you can view in this chart, suggests issuance could remain at a fast pace through the coming quarters as well. Analyse the market using our interactive charts. Other articles: White Mountains renewed collateralized reinsurer to support Bamboo at reduced size.   Cat bonds central to Pool Re's overall protection structure: CUO.   Aspen Capital Markets fee income climbs 30% in 9M'25 to $146m, as AUM hits $2.5bn. Please share this with colleagues and friends if you think they would like to receive it. If you've been forwarded this but want to subscribe, visit Artemis.   You may be receiving this because you recently attended an industry event we partnered with, giving us permission to email you. If you don't want to receive our weekly ILS, catastrophe bond and reinsurance capital newsletter please Unsubscribe  or Edit your subscription here . © Steve Evans Ltd. - Artemis.bm