The North Carolina Insurance Underwriting Association (NCIUA) has become the first catastrophe bond sponsor to benefit from an issuance that has disaster-resilience features integrated in it, with its recent $600 million Cape Lookout Re Ltd. (Series 2025-1) the very first cat bond to include an additional resilience feature.As a result, this recent cat bond deal … Read more
As May issuance continues to build, including the latest new catastrophe bond issues that are settling today, Artemis’ data on cat bond market issuance has now exceeded the previous record for the first-half of the year, with almost $12.64 billion of tracked deals completed so far in 2025.Even more impressively, once the pipeline of deals … Read more
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
The City National Rochdale Select Strategies Fund, a mutual insurance-linked securities (ILS) strategy focused on industry loss warranties (ILWs) and catastrophe bonds, delivered a net return of 11.77% for the year ended January 31, 2025.While down from the 15.58% return recorded the previous year, 2024’s performance still marked a second consecutive year of strong, above-average … Read more
French reinsurer SCOR has cited the benefits of early issuance as being a key factor behind the successful placement of its latest catastrophe bond, saying this helped them access currently favourable market conditions with the recent $240 million Atlas Capital DAC (Series 2025-1).SCOR returned to the catastrophe bond market in March with its latest Atlas … Read more