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 […]
Cayman considers catastrophe bond, more parametric insurance to expand hurricane protection
As the 2026 Atlantic hurricane season approaches, the government of Cayman is considering expanding its hurricane protection by turning to the insurance-linked securities (ILS) market to potentially issue its own catastrophe bond, while simultaneously expanding its parametric insurance coverage too, Cayman Compass reports. The Cayman Islands are considered to be highly prone to hurricanes. The […]
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 […]
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 […]
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, […]
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 […]
EIOPA & ESM propose European risk-sharing mechanism to reduce nat cat protection gap
A paper by the European Insurance and Occupational Pensions Authority (EIOPA) and the European Stability Mechanism (ESM) proposes a European-level risk-sharing mechanism comprising a natural catastrophe insurance pool and a loan-based backstop, aimed at enhancing overall risk-bearing capacity and reducing Europe’s significant protection gap. The rising frequency and severity of natural catastrophes pose substantial economic […]
EU nat cat insurance pool could be enhanced by cat bonds and ILS: EIOPA / ESM paper
A new proposal calling for a European natural catastrophe insurance pool to diversify risks across countries and perils could be further enhanced by the insurance-linked securities (ILS) market, according to the European Insurance and Occupational Pensions Authority (EIOPA) and the European Stability Mechanism (ESM). In a joint paper recently published by the two organisations, they […]
Climate conditioned ILW strategy can outperform: Reask / LGT ILS Partners research
According to a new working paper by catastrophe modelling specialist Reask and specialist insurance-linked securities investment manager LGT ILS Partners, a climate-conditioned Industry Loss Warranty (ILW) strategy can materially outperform traditional static modeling approaches. The firms conducted a systematic back-test of a climate-conditioned strategy across a portfolio of 36 regional ILWs, spanning a 40-year period […]