cat

SageSure proud to support carrier partners, CEO McLean says, as its largest cat bond closes – Go Health Pro

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SageSure proud to support carrier partners, CEO McLean says, as its largest cat bond closes – Go Health Pro

Coastal property managing general underwriter SageSure’s CEO said it is “proud to support” its carrier partners, as its largest catastrophe bond transaction yet closes, the $520 million Gateway Re Ltd. (Series 2025-1), while executives also expressed gratitude to the insurance-linked securities (ILS) community for supporting the Gateway Re series.SageSure returned to the catastrophe bond market … Read more

TD Insurance’s debut cat bond could attract more Canadian sponsors: Morningstar DBRS – Go Health Pro

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TD Insurance’s debut cat bond could attract more Canadian sponsors: Morningstar DBRS – Go Health Pro

With TD Insurance (TDI) successfully sponsoring the first catastrophe bond covering only perils in Canada this year, the debut issuance from the organisation could potentially make cat bonds more attractive to other Canadian insurers in the future, according to analysts at Morningstar DBRS. In January, TD Insurance, part of Canada’s TD Bank group, priced its … Read more

Cyber cat bonds one source for alternative reinsurance capacity growth in 2025: Fitch – Go Health Pro

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Cyber cat bonds one source for alternative reinsurance capacity growth in 2025: Fitch – Go Health Pro

Fitch Ratings, a provider of credit ratings, research, and risk analysis, expects to see a further expansion of alternative reinsurance capacity in 2025, supported by cyber catastrophe bond issuances, which will add to the reinsurance sector’s capital base and help absorb earnings volatility.Looking back at 2024, three cyber cat bonds were introduced to the insurance-linked … Read more

Cat bond market poised for another strong year in 2025: Brad Adderley, Appleby – Go Health Pro

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Cat bond market poised for another strong year in 2025: Brad Adderley, Appleby – Go Health Pro

Following a record year for the catastrophe bond market in 2024, with issuance increasing by over $1 billion to a new annual high of $17.7 billion, 2025 is set to be another busy year for the market, according to Brad Adderley, Partner at global law firm Appleby.Artemis spoke with Adderley ahead of the launch of … Read more

Topanga Re cat bond price recovers further, as risk of wildfire loss seen declining – Go Health Pro

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Topanga Re cat bond price recovers further, as risk of wildfire loss seen declining – Go Health Pro

We’re told by sources that the secondary market price for the $100 million Class A notes of Farmers Insurance Group’s Topanga Re Ltd. (Series 2021-1) catastrophe bond has recovered further, as the cat bond market views the risk of principal losses from the California wildfires as having declined.Immediately after the wildfires, the Topanga Re cat … Read more

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