ADB prices first cat bonds, secures $160m disaster risk finance for Kyrgyz Republic & Tajikistan
The Asian Development Bank’s (ADB) first catastrophe bond offerings have now been successfully priced in the market, with the result being a $160 million capital market-backed source of parametric earthquake and extreme precipitation disaster risk financing, evenly split between the Kyrgyz Republic and Tajikistan. It’s an important first step in the catastrophe bond market for the Asian Development […]
Swiss Re targets $250m US named storm retro with Matterhorn Re 2026-2 cat bond
Global reinsurance giant Swiss Re is back in the catastrophe bond market to sponsor its second issuance of the year, with an initial target to secure $250 million of US named storm per-occurrence based retrocessional protection through a Matterhorn Re Ltd. (Series 2026-2) transaction, Artemis can report. Swiss Re is looking to sponsor with what will become the […]
Hong Kong ‘ideally placed’ to promote use of alternative risk transfer and ILS: IA’s Stephen Yiu
Given Hong Kong’s open and sophisticated financial market, along with its distinct connection with the Chinese Mainland and the support of roughly 3,380 family offices, the major city is ideally placed to promote the usage of alternative risk transfer tools and ILS, according to Stephen Yiu, Chairman of the Hong Kong Insurance Authority (IA). Yiu […]
Twelve Securis “cautious, but optimistic” about El Niño’s influence on hurricane season risk
Twelve Securis, the specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has explained that it is “cautious, but optimistic about El Niño’s positive influence on risk” for the coming Atlantic hurricane season. In a commentary in advance of the hurricane season and in the wake of early forecasts for levels of storm activity in […]
Bermuda’s SPI and collateralized insurer uptake maintains momentum in Q1: BMA
Coming off a remarkable 2025, which saw the registration of new collateralized insurer class of companies in Bermuda climb to its highest level ever, early indicators for Q1 2026 suggest a continuation of this growth trend with seven new special purpose insurers (SPIs) and two new collateralized insurers having registered in Bermuda during the opening […]
Twelve Securis and Bank J. Safra Sarasin extend distribution partnership to Italy and Spain
Twelve Securis, the specialist catastrophe bond and insurance-linked securities (ILS) investment manager, has extended its long-standing collaboration with Bank J. Safra Sarasin to now include distribution across Italy and Spain. Twelve Securis has been collaborating with Bank J. Safra Sarasin, a private bank and asset management specialist group, since 2011, with a focus on insurance-related […]
Galapagos Capital SSPE issues R$13.5m LRS, its second under the Brazilian ILS regime
Gálapagos Capital Sociedade Seguradora de Propósito Específico S.A., the Brazil based SSPE or special purpose reinsurance vehicle that can issue Letra de Risco de Seguro (Insurance Risk Letters) and is owned by global investment company Galapagos Capital, has now issued its second arrangement under the Brazilian insurance-linked securities regime. Galapagos Capital was authorised by Brazil’s insurance […]
Cat bond market fundamentals are tremendous. Growth absolutely expected & sustainable: John Seo
The fundamentals underpinning recent and expected future levels of activity in the catastrophe bond market are tremendous according to John Seo of Fermat Capital Management LLC, given which the cat bond market’s growth is absolutely to be expected and absolutely viewed as sustainable, he has explained. Speaking during a Fermat Capital Management hosted webinar yesterday, […]
Catastrophe bonds highlighted as a critical tool for impact-focused fixed income
Despite its status as the world’s largest asset class, fixed income is not usually recognised for its environmental or social contributions. However, a recent article argues that investors are overlooking significant opportunities within the space, highlighting catastrophe bonds as a fundamental pillar of impact-driven fixed income. The article comes from David Foye, a Sustainable Finance consultant […]
EU‑wide risk‑sharing framework to help address nat cat insurance protection gap: Morningstar DBRS
The European Insurance and Occupational Pensions Authority (EIOPA) and the European Stability Mechanism (ESM), have announced a proposal for a Europe‑wide risk‑sharing framework to address the natural catastrophe insurance protection gap while safeguarding private‑sector involvement. Released on 9 April 2026, the proposal arrives at a pivotal moment, as escalating climate driven losses and mounting affordability […]