Here's our latest Friday wrap-up of key news from the week.
More new catastrophe bonds appeared this week, including new offerings for Texas Farm Bureau Insurance under Fish Pond Re, NN Group under Orange Capital Re, Selective Insurance under High Point Re and MS Amlin under Arthur Re.
In addition, SafePoint Insurance launched two new deals, an industry-loss trigger deal being issued under Arthur Re and an extension to its recently priced indemnity cat bond under Nature Coast Re.
That recently priced Nature Coast Re 2026-2 cat bond secured SafePoint its largest issuance yet, at $650m.
Also this week, Hamilton priced its upsized $300m Easton Re 2027-1 catastrophe bond.
The European Fund and Asset Management Association (EFAMA) has urged European Union policymakers to leave the eligibility status of catastrophe bonds under UCITS unchanged.
Meanwhile, cat bond risk spreads now stand at their lowest since 2017 as seasonal tightening continued in October.
Early Bird tickets selling at fastest rate ever!
In other stories this week, today, Aon and Blackstone announced the launch of the Cortina reinsurance syndicate at Lloyd's, while the London Bridge 2 ILS structure has been utilised for its funding.
Atmos Capital Partners AG has launched as a new partner-led, independent cat bond investment manager based in Zurich.
Leadenhall Capital Partners secured a loss portfolio transfer (LPT) arrangement covering portfolios from certain of its ILS funds from legacy acquirer RiverStone.
Embassy Asset Management announced Bert Ji as the lead Portfolio Manager for the Ambassador cat bond fund strategy, after Niall MacGillivray departed.
AIG CEO Eric Andersen explained this week that his company is “a little bit worried” about the alignment of MGA and insurer paper.
Axor Financial has launched with a vision to provide the right capital into the insurance and reinsurance industry, with the new business ounded by former Gallatin Point exec Zhak Cohen.
Hiscox's ILS assets rose $200m to $3.1bn on retained earnings in Q3, up 139% year-on-year.
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.
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We'll be back next week with more regular coverage.
We hope you have a safe & relaxing weekend.
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