Cyber & Parametric ILS gain momentum as cat bond market evolves: AM Best – Go Health Pro

Cyber & Parametric ILS gain momentum as cat bond market evolves: AM Best – Go Health Pro

The insurance-linked securities (ILS) market is continuing to evolve beyond traditional catastrophe bonds, with growing issuance in cyber and parametric segments, reflecting efforts to close protection gaps and provide alternative risk transfer solutions, according to a new report from AM Best.While indemnity-based catastrophe bonds still heavily dominate the market, AM Best highlights the rising use … Read more

Ocean Harbor secures debut Oceanside Re 2025-1 cat bond at targeted $75m size – Go Health Pro

Ocean Harbor secures debut Oceanside Re 2025-1 cat bond at targeted m size – Go Health Pro

Ocean Harbor Insurance Group has successfully priced its debut catastrophe bond with the Oceanside Re Ltd. (Series 2025-1) issuance set to provide the targeted $75 million of collateralized multi-year catastrophe reinsurance for named storm and severe weather risks in the state of New York.Ocean Harbor entered the catastrophe bond market as a first time sponsor … Read more

USAA could upsize new Residential Re 2025-1 cat bond to $425m – Go Health Pro

USAA could upsize new Residential Re 2025-1 cat bond to 5m – Go Health Pro

We’ve learnt that insurer USAA is aiming to upsize its latest catastrophe bond to provide as much as $425 million of annual aggregate reinsurance protection, an increase from the initial $400 million target, for this new Residential Reinsurance 2025 Limited (Series 2025-1) deal.USAA continues to be the most consistent of catastrophe bond sponsors, augmenting and … Read more

Hong Kong’s Tsim Sha Tsui is world’s top high street, beating Madison Avenue, Bond Street – Go Health Pro

Hong Kong’s Tsim Sha Tsui is world’s top high street, beating Madison Avenue, Bond Street – Go Health Pro

Hong Kong’s Tsim Sha Tsui district commanded the most expensive rental fees among the world’s retail markets last year, as luxury brands from Cartier and Dior to Tiffany kept their flagship stores running on the Kowloon peninsula, according to Savills. Prime retail rent in TST, as the area is called, was £17,132 (US$22,976) per square … Read more

Catastrophe bond issuance already on-track to surpass record for first five months – Go Health Pro

Catastrophe bond issuance already on-track to surpass record for first five months – Go Health Pro

Even with a few days to run of the fourth month of the year, catastrophe bond market issuance in 2025 is already on-track to set a new record for issuance through May, as the pipeline of new cat bond deals continues to build.With new catastrophe bond issuances that have completed and settled this week, the … Read more