Here's our latest Friday wrap-up of key news from the week.
The catastrophe bond pipeline continues to build in Q4, with a number of new deals launching this week.
Beazley is seeking a $200m PoleStar Re cyber cat bond and is at the same time in the market with a $100m Fuchsia nat cat deal as well.
The North Carolina Farm Bureau is seeking a $325m Blue Ridge Re multi-peril issuance.
Farmers Insurance Group returned for a $300m Topanga Re deal.
The California FAIR Plan is seeking its first wildfire cat bond, with a $250m Golden Bear Re transaction.
While Liberty Mutual has also returned, for its eleventh Mystic Re cat bond.
With the pipeline expanding all the time, the cat bond market is now officially tracking towards its first ever $20bn year of 144A issuance.
Meanwhile, returns continue to be attractive, as evidenced by UCITS cat bond funds averaging an 8.88% return by the end of October.
In other stories this week, non-APAC risk features of the refreshed and extended Singapore ILS Grant Scheme were revealed by the Monetary Authority.
Moody's Ratings published its awaited new methodology for rating insurance-linked securities (ILS) such as catastrophe bonds.
In a recent speech, Shoib Khan of the UK PRA said the country is "becoming a more competitive jurisdiction for insurance-linked investment".
SCOR Investment Partners Sidney Rostan and Alexandre Jaegle told us in an interview they view the market outlook as positive and anticipate momentum continuing.
Fermat Capital Management is set to leverage its underwriting and analytics expertise to launch new entity Fermat Re.
Aon has structured and placed the first and largest parametric forest fire insurance policy ever undertaken in Brazil.
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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