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 […]

Casualty ILS transparency must match nat-cat standards: Allphins

Whilst the casualty insurance-linked securities (ILS) space continues to emerge as a transformative capital source for long-tail risk, data-and-analytics specialist Allphins argues that ILS investors in casualty risk deserve the same level of transparency in exposure and systemic risk understanding that natural catastrophe investors have long been receiving. The casualty ILS market has experienced significant […]

Kyrgyz Republic & Tajikistan parametric cat bonds from the ADB could upsize slightly

The first two parametric catastrophe bonds to be issued directly by the Asian Development Bank (ADB) on behalf of its member countries the Kyrgyz Republic and Tajikistan are now targeted for a slight upsizing to as much as $80 million each, while the pricing for the risk margin each set of notes will pay has risen to the upper-ends […]

Broadening the investable ILS universe through proprietary catastrophe modelling: Swiss Re

As the catastrophe bond market continues to expand into new perils and more complex structures, broad and credible modelling coverage becomes highly important. However, reinsurer Swiss Re’s proprietary catastrophe models allow the firm to analyse a wider range of risks, which according to executives expands the “investable universe” while maintaining a well-understood risk-return profile. Artemis […]

FERMA urges EU to integrate cat bonds, ILS, & parametrics into climate resilience framework

FERMA, the Federation of European Risk Management Associations has urged the European Commission to adopt a collaborative approach to the climate resilience framework it plans to introduce later this year, calling for the use of catastrophe bonds, insurance-linked securities (ILS) and parametric products. The Commission’s European Climate Resilience Framework is expected to be launched in […]

Catastrophe bond market records that were broken in 2025

Catastrophe bond market activity in 2025 resulted in a landmark year of issuance for the sector, as adoption of the cat bond as a structure for reinsurance protection and alternative asset class accelerated and expanded. Beyond the headline figures, such as 2025 being the first year to see over $20 billion of cat bond issuance, […]

Education and engagement key as cyber heads toward peak peril status: Convergence 2025

During a panel discussion at the ILS Bermuda Convergence 2025 conference yesterday, speakers discussed whether they believe that cyber has the potential to reach peak peril status, while emphasizing that ongoing efforts in educating remain key as the cyber market continues to grow. The panellists explored how, as the cyber insurance market continues to grow, […]