Here's our latest Friday wrap-up of key news from the week.
Artemis London 2026 early bird rate ends soon.
This week we reported on a near miss for Mexico's World Bank cat bond, as an earthquake occurred that was just slightly below the magnitude required to trigger one tranche of its notes.
Two private cat bonds came to market, a $14.94m Seaside Re issued by Hannover Re's Kaith Re structure, and a $60m Series FE0004 issuance from Artex's Axcell Re vehicle.
Cat bond market growth has been running at a 15.5% CAGR since 2021, according to Swiss Re.
Cat bond and ILS company registrations in Bermuda were buoyed by first-time sponsors through the first-half of this year.
We also revealed four more expert speakers for our upcoming Artemis London conference, which you should register for soon before the Early Bird rate expires or sells out.
In other stories this week, Eaton Vance's mutual funds have added more ILS allocations, with recent investments into Arch, PartnerRe and QBE structures.
Canada's regulator has added cat bonds as a form of reinsurance that capital credit can be attained for.
Feeding a hungry reinsurance market means Chubb has been buying more protection, CEO Evan Greenberg said.
RenaissanceRe also bought more protection recently, while its CEO said that the property cat book remains rate adequate.
Harry White of PCS, a unit of Verisk, noted that severe thunderstorm losses remain a critical factor for ILS deals, as the peril plays a growing role in transactions.
Moody's CEO highlighted the joined-up strategy that meant his company acted as rating agent and modeller for a recent flood cat bond.
Franklin Templeton Investment Solutions lifted its conviction on catastrophe bond investments to strongly overweight for Q3.
SCOR Investment Partners commented on ILW demand around the mid-year 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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