UCITS cat bond fund assets rise 6.5% YTD in 2026, near $20.5bn after April
Catastrophe bond funds in the UCITS format added over $650 million in assets just in the month of April, as the combined assets under management (AUM) of the UCITS cat bond fund sector reached almost $20.5 billion, having now expanded by 6.5% so far in 2026. Recall that, these UCITS catastrophe bond funds grew strongly […]
SEADRIF & WFP launch US$1.1m parametric policy to boost disaster resilience in Lao PDR
The SEADRIF Insurance Company and the United Nations World Food Programme (WFP) have launched a parametric insurance policy in Lao PDR that will provide pre-arranged financing of up to US$1.1 million, to enable timely support to communities impacted by extreme weather and other natural hazards. As per the announcement, the parametric policy complements the government’s […]
Korean Re seeks second Solomon Re cat bond, adds parametric Israel quake as covered peril
Korean Re, the global reinsurance company headquartered in the country of its name, is back to sponsor its second catastrophe bond, seeking $75 million or more in catastrophe retrocession and introducing parametric Israel earthquake as a new covered peril to this Solomon Re Ltd. (Series 2026-1) deal, Artemis can report. Almost three years ago Korean Re sponsored […]