Artemis Newsletter - December 17th 2025

Our news and analysis from the last week ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Web version |  Update preferences |  Forward Artemis Newsletter - December 17th 2025 Artemis News Log ILS NYC 2026 - Just a few Early bird rate tickets left - Reinsurance supply and demand to favor buyers in 2026: Moody's Ratings - Catastrophe bond market poised to carry record momentum into 2026: Schwartz, Twelve Securis - 144A property cat bonds hit $20.7bn YTD in 2025, as record FAIR Plan wildfire cat bond settles - Progressive secures 79% upsized $125m Bonanza Re 2025-1 aggregate cat bond - Swiss Re: Insured catastrophe losses to reach $107bn in 2025, sixth year exceeding $100bn - Higher-layer property cat expected down 20% or more at Jan renewals: TD Cowen - Alternative capital, captives to continue shaping specialty re/insurance in 2026: Antares Global CEO - Groupama now targets up to €120m convective storm cover from Quercus II Re cat bond - OAK Enterprise execs: Overwhelmingly positive client and investor feedback to retro syndicate - Willis Re adds ILW, ILS, property retro broking expertise with new joiners - Abu Dhabi regulator seeks input on potential ILS framework, synthetic sidecar concept - PoleStar Re 2026-1 cyber cat bond signals Beazley's expanding growth in cyber ILS: Bantick - Inigo secures its largest Montoya Re catastrophe bond yet - PERILS pegs October Australia east coast SCS losses at AU$1.1bn - Beazley prices $100m Fuchsia nat cat bond ~21% below initial mid-point of guidance - Hannover Re lifts 3264 Re 2025-3 retro cat bond target to $250m, largest in the series - Property cat reinsurance rate decline expectations narrow, but underwriting standards ease: Amwins - AmFam secures 33% upsized $200m Four Lakes Re 2025-1 cat bond at reduced pricing - TSR projects 7 Atlantic hurricanes, 3 major in extended range 2026 forecast - California FAIR Plan secures $750m Golden Bear Re, the largest wildfire cat bond ever - Liberty Mutual prices eleventh Mystic Re cat bond for upsized $150m reinsurance - ILS NYC 2026 conference – Our second speaker announcement - ILS market vulnerable to price reductions compared to re/insurance: Munich Re's Blunck - Florida Citizens recommends rate cuts. Louisiana cites reinsurance cost declines - TD Insurance targets C$125m MMIFS Re 2026-1 aggregate cat bond, introduces more perils - Munich Re touts preparedness for more competitive P&C reinsurance market, diversification - Moody's unveils new North America severe convective storm models - Iowa's IPERS pension approves Man AHL hiring for cat bond fund investment - Germany's insurers pitch Elementar Re catastrophe reinsurance risk pool - Lloyds Bank pensions transfer £4.8bn longevity risk. 2025 a record year for volumes For continuous coverage in real-time visit Artemis. For details of the latest catastrophe bonds visit our Deal Directory (containing over 1,000 entries.) Featured Conferences & Events Artemis ILS NYC 2026 - February 6th, 2026, New York City   We return to our usual venue in Midtown NYC on February 6th 2026, for the next installment of our popular ILS NYC event. We will have space for up to 450 attendees to join us. Tickets are selling fast so register soon! Register soon to attend ILS NYC 2026! Reinsurance News 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. The Reinsurance News website has over 200k readers every single month and it covers the most important reinsurance news, hand selected by an experienced team of researchers and journalists with years of reinsurance industry experience. Sign up here to receive your daily Reinsurance News. Stay in touch with Artemis Please get in touch if you would like to submit news, events or information for publication. We welcome submission of useful market data which we can publish to help expand your reach. Advertising and sponsorship opportunities are available. With a large audience of 60,000+ readers every month Artemis is the perfect place to showcase your specialty to ILS industry professionals. Contact us for more details. You can unsubscribe from these newsletters at any time using the link at the foot of this email. We hope you won't and promise to only send market update and news, or relevant updates related to our services. Best wishes and enjoy Artemis. Steve Evans. Owner, Editor - Artemis E-Mail: steve@artemis.bm Tel: +44(0)7711-244697 If you enjoy this newsletter and find it useful please pass it on and share it with your colleagues. If you've been forwarded this but want to subscribe, visit artemis.bm.     Our Sponsors               ADVERTISE YOUR BRAND OR SERVICES HERE DEAL DIRECTORY View details of almost 1,000 catastrophe bonds and related ILS deals CHARTS & VISUALISATIONS View our range of catastrophe bond market charts and visualisations CAT BOND MARKET REPORTS Download our quarterly cat bond market reports VIDEOS & PODCASTS Watch video interviews, panel discussions and listen to our podcast EVENTS CALENDAR View details of and register for our next ILS market conferences

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