Here's our latest Friday wrap-up of key news from the week.
Artemis London 2026 early bird rate now running low.
No new cat bonds launched to investors, the first week without any for a while and a sign of the wind season lull being underway.
We looked at the records that were set in H1, which was the most active period for the cat bond market in its history.
A notable bit of news was the fact we learned that AXA XL's recent Galileo Re is the first cat bond ever to cover US terrorism risks.
Swiss Re secured the upsized target of $345m of retro from its latest Matterhorn Re cat bond, pricing all tranches down.
The Los Angeles Department of Water and Power priced its fourth catastrophe bond sponsorship, securing the targeted $100m of California wildfire protection.
Porch aimed for lower pricing for its debut $100m Harbor Crest Re cat bond.
And, Hannover Re brought another small LI Re private cat bond to market this week.
In other stories this week, Swisscanto Asset Management launched its first cat bond fund, a new UCITS strategy.
ILS funds managed by Leadenhall Capital Partners LLP backed an agreement to acquire the shares of Austrian life insurer austrion Life.
The Monetary Authority of Singapore (MAS) launched a consultation process for its new PCC structure proposal.
Aon's George Ong explained that the Singapore PCC presents a new ILS opportunity in the country.
Australia’s APRA has made access to alternative reinsurance (cat bonds and ILS) simpler for protection buyers.
Howden Re said that international and peril diversification are key to the next phase of ILS market expansion.
Swiss Re said the depth of the soft market may not be as significant as previous periods, given the risks faced by the industry.
CSU lowered its hurricane forecast, but the TSR team raised its numbers.
VP Bank highlighted that loss free cat bond yields remain attractive.
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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