Better of Artemis, week ending March sixteenth 2025 – Artemis.bm

Listed below are the ten hottest information articles, week ending March sixteenth 2025, masking disaster bonds, ILS, reinsurance capital and associated threat switch matters. To make sure you by no means miss a factor subscribe to the weekly Artemis email newsletter updates or get our email alerts for each article we publish.

Ten most learn articles on Artemis.bm, week ending March sixteenth 2025:

1. Market makers – A dream come true for secondary cat bond liquidity: SIFMA 2025
   The entry of market makers to boost liquidity choices within the secondary marketplace for buying and selling disaster bonds could be a dream come true, audio system steered on the SIFMA ILS 2025 convention in Miami.
2. Fidelis to get $98m from Herbie Re 2021-1 cat bond for CA wildfire, 2024 hurricane losses
   Fidelis is ready to learn from a roughly $98 million extra retrocessional reinsurance restoration from its combination industry-index set off Herbie Re Ltd. (Sequence 2021-1) disaster bond, as losses from the California wildfires, added to these from hurricanes Helene and Milton earlier within the threat interval, have eaten into the remaining principal of those notes.
3. Pool Re seeks £100m UK terrorism catastrophe bond with third Baltic PCC issuance
   Pool Re, the UK government-backed mutual terrorism reinsurance facility, has returned to the disaster bond market as anticipated, looking for UK £100 million or extra in safety from a second renewal of its landmark terror disaster bond, with a Baltic PCC Restricted (Sequence 2025-1)  issuance.
4. Florida Citizens targets $2.94bn of new reinsurance and cat bonds for 2025
   Florida’s Residents Property Insurance coverage Company, the state’s insurer of final resort, is aiming to buy $2.94 billion of recent conventional reinsurance and disaster bonds for the 2025 hurricane season, which might take its complete threat switch to $4.54 billion this 12 months.
5. New capital, coupons, cash from maturities. All drive strong cat bond execution in 2025
   The disaster bond market has seen very engaging execution on behalf of sponsors up to now this 12 months, with a lot of components driving this which have all resulted in considerable capital being out there to settle new cat bond issuances, sometimes at bigger sizes and decrease pricing.
6. Lloyd’s puts California wildfire loss at $2.3bn
   The Lloyd’s insurance coverage and reinsurance market has introduced a $2.3 billion internet loss estimate for the Los Angeles wildfires, because the market stories one other stable 12 months of underwriting revenue and premium progress.
7. Bermuda to remain a key innovator as ILS broadens beyond cat: MultiStrat CUO
   In an interview with Artemis across the Bermuda Threat Summit 2025, Kier James, Chief Underwriting Officer (CUO) of MultiStrat, mentioned how the corporate believes that the island will proceed to keep up its dominance of the insurance-linked securities (ILS) market because it broadens past catastrophe-focused ILS into casualty and specialty traces of enterprise.
8. Allstate secures 150% upsized $750m Sanders Re 2025-1 cat bond, it’s joint largest yet
   Allstate has now efficiently priced its newest disaster bond transaction, securing the upsized 150% goal of $750 million of collateralized multi-peril and multi-year disaster reinsurance safety from the Sanders Re II Ltd. (Sequence 2025-1) issuance, which marks the corporate’s joint-largest cat bond sponsorship ever.
9. Porch agrees $7.1m settlement with Vesttoo Creditors Liquidating Trust
   Porch Group, the proprietor of insurer Owners of America Insurance coverage Firm (HOA) which was impacted by the Vesttoo reinsurance letter of credit score (LOC) collateral fraud, has agreed a $7.1 million settlement over constructive belief claims with the Vesttoo Collectors Liquidating Belief, courtroom paperwork present.
10. Healthcare of Ontario Pension Plan (HOOPP) grows ILS 39% in 2024 to US $1.32bn
    The Healthcare of Ontario Pension Plan (HOOPP), a big Canadian institutional retirement fund, has expanded its funding allocation to insurance-linked securities (ILS) by roughly 39% in 2024, lifting its investments within the ILS market to roughly US $1.32 billion.

This isn’t each article printed on Artemis over the past week, simply the preferred amongst our readers during the last seven days. There were 32 new articles published in the last week.

To make sure you all the time keep updated with Artemis and by no means miss a narrative subscribe to our weekly email newsletter which is delivered every Wednesday.

View the current breakdown of the ILS market in our range of charts, allowing you to analyse cat bond issuance.

Check out the assets under management of the ILS fund market with our ILS investment manager directory.

Get listed in our MarketView directory of professionals.