Here's our latest Friday wrap-up of key news from the week.
Earlier today we reported on the launch of the first catastrophe bond offerings from the Asian Development Bank, two $75m issues for each of the Kyrgyz Republic and Tajikistan.
This week, we published our brand new cat bond market report, analysing the $6.7bn of 144A and private issuance from Q1 2026.
We also reported that Ariel Re is back in the cat bond market and for the first time using London Bridge 2 to issue a new Titania Re.
Tower Hill Insurance Exchange also returned, seeking a $225m Winston Re 2026-1 cat bond.
USAA also ventured back with a target for $600m of protection from its latest ResRe cat bond, with a rare Florida only tranche featuring.
Meanwhile, Zenkyoren secured its latest Nakama Re cat bond, securing $100m of quake protection.
Plus, Kin fixed its target for its latest Hesita Re at $335m, and Olympus Insurance secured its debut Abacab Re cat bond.
Also in cat bonds, Lane Financial said that the cat bond market is not quite as soft as it was a quarter ago.
In other stories this week, the developing El Niño conditions are expected to shape the 2026 Atlantic hurricane season, but forecasters caution that US landfall threat remains.
Plenum Investments urged the European Commission not to adopt ESMA's recommendation regarding cat bond eligibility under the UCITS investment framework.
Guy Carpenter's US property catastrophe rate-on-line index now shows that 2026 is experiencing the sharpest fall in US property cat pricing since 2014.
Aon said that ILS or third-party capital in reinsurance grew by 18% over the course of 2025 and 10% just in the fourth-quarter to reach a record $136 billion.
Howden Re said the April renewal saw risk-adjusted property catastrophe rates-on-line returning to levels last seen in the early 2020's.
Swiss Re Capital Markets explained that the LA wildfires in 2025 were a real-world stress test for wildfire cat bonds, after which investor confidence rose.
Gallagher Re said property cat rates fell as much as 17.5% in Japan, 25% in RoW at the April renewals.
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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