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Fidelis targets $75m Arthur Re Ltd. - Woody Re 2026-1 cat bond (Artemis.bm)
Fidelis targets $75m Arthur Re Ltd. - Woody Re 2026-1 cat bond (Artemis.bm)
Fidelis Partnership linked Syndicate 3123 at Lloyd’s is looking to issue at least $75 million Arthur Re Ltd. – Woody Re 2026-1 single-tranche three-year catastrophe (CAT) bonds. They will cover losses from named storms, earthquakes, severe thunderstorms, winter storms and wildfire events across the 50 states of the US and DC, with named storm and earthquake coverage also in Puerto Rico and the US Virgin Islands and earthquake coverage additionally in Canada, on an annual aggregate, industry loss index trigger basis. [Source: Artemis.bm]
·artemis.bm·
Fidelis targets $75m Arthur Re Ltd. - Woody Re 2026-1 cat bond (Artemis.bm)
NJM Insurance secures upsized $250m Lower Ferry Re 2026-1 cat bond (Artemis.bm)
NJM Insurance secures upsized $250m Lower Ferry Re 2026-1 cat bond (Artemis.bm)
NJM Insurance will issue $250 million Lower Ferry Re Ltd. (Series 2026-1) three-tranche three-year catastrophe (CAT) bonds, versus the original $150 million target. They will cover losses from US named storms across the Northeast US states of New Jersey, Pennsylvania, Delaware, New York, Connecticut, Maryland and Ohio on an indemnity and per-occurrence basis. [Source: Artemis.bm]
·artemis.bm·
NJM Insurance secures upsized $250m Lower Ferry Re 2026-1 cat bond (Artemis.bm)
Lowman Pension Scheme Completes Bulk Purchase Annuity Transaction With Legal & General (L&M Investor)
Lowman Pension Scheme Completes Bulk Purchase Annuity Transaction With Legal & General (L&M Investor)
The U.K.-based Lowman Pension Scheme has completed a full-scheme bulk purchase annuity buy-in with Legal & General, securing the benefits of 115 uninsured members, comprising 52 deferred members and 63 pensioners, in the United Kingdom. The transaction used Legal & General’s Flow solution for smaller schemes and completed in March 2026. [Source: L&M Investor]
·lminvestor.com·
Lowman Pension Scheme Completes Bulk Purchase Annuity Transaction With Legal & General (L&M Investor)
Why the big deal about small bulk annuity transactions (Pensions Expert)
Why the big deal about small bulk annuity transactions (Pensions Expert)
Pensions Expert published an article that argues that improved funding levels, new insurer entrants and streamlined processes have turned small defined benefit bulk annuity transactions (below £100 million) into a core, highly competitive segment of the de‑risking market, with more than half of over 300 deals in the past three years under this threshold. Insurers have invested in technology and standardized workflows, reducing marginal costs and making smaller deals operationally viable, while consultants have created dedicated small‑scheme services. As competition has increased, insurer margins on small transactions have fallen toward those on larger deals, but smaller cases remain attractive because they provide a steady, less “lumpy” flow of business that can smooth insurers’ financial results. [Source: Pensions Expert]
·pensions-expert.com·
Why the big deal about small bulk annuity transactions (Pensions Expert)
Everest targets $530m of retro with two Kilimanjaro III Re cat bond series (Artemis.bm)
Everest targets $530m of retro with two Kilimanjaro III Re cat bond series (Artemis.bm)
Everest Re is looking to issue at least $530 million Kilimanjaro III Re Ltd. (Series 2026-1) and Kilimanjaro III Re Ltd. (Series 2026-2) two-tranche three-year catastrophe (CAT) bonds. They will cover losses from named storms and earthquakes impacting the United States, Puerto Rico, U.S. Virgin Islands, D.C., and Canada on a regionally weighted industry-loss trigger basis. [Source: Artemis.bm]
·artemis.bm·
Everest targets $530m of retro with two Kilimanjaro III Re cat bond series (Artemis.bm)
Massachusetts MPIUA gets $150m Mayflower Re 2026 cat bond priced below guidance (Artemis.bm)
Massachusetts MPIUA gets $150m Mayflower Re 2026 cat bond priced below guidance (Artemis.bm)
The Massachusetts Property Insurance Underwriting Association (MPIUA) will issue the targeted $150 million Mayflower Re Ltd. (Series 2026-1) two-tranche three-year catastrophe (CAT) bonds. They will cover losses from Massachusetts named storms, severe thunderstorms and winter storms in Massachusetts on an indemnity and annual aggregate basis. [Source: Artemis.bm]
·artemis.bm·
Massachusetts MPIUA gets $150m Mayflower Re 2026 cat bond priced below guidance (Artemis.bm)
Bulk annuities: Just finalises buy-ins to insure 5,000 members (Pensions Expert)
Bulk annuities: Just finalises buy-ins to insure 5,000 members (Pensions Expert)
The Hartwell Pension Plan (1971), sponsored by vehicle distribution company Hartwell, has completed a £160 million buy-in with Just Group covering 1,689 pensioners and 672 deferred members in the United Kingdom. Just Group is targeting full buy-out within 18 months and will undertake guaranteed minimum pension equalisation work itself to support the transition. [Source: Pensions Expert]
·pensions-expert.com·
Bulk annuities: Just finalises buy-ins to insure 5,000 members (Pensions Expert)
Arch seeks $100m Ramble Re 2026-1 cat bond for more peak North American peril retro (Artemis.bm)
Arch seeks $100m Ramble Re 2026-1 cat bond for more peak North American peril retro (Artemis.bm)
Arch Capital Group is looking to issue at least $100 million Ramble Re Ltd. (Series 2026-1) single-tranche three-year catastrophe (CAT) bonds. They will cover losses from significant US Northeast named storm events and US or Canada earthquake loss events on an per-occurrence and weighted industry loss index basis.
·artemis.bm·
Arch seeks $100m Ramble Re 2026-1 cat bond for more peak North American peril retro (Artemis.bm)
Gothaer seeks €100m German flood reinsurance with debut Yardstick Re cat bond (Artemis.bm)
Gothaer seeks €100m German flood reinsurance with debut Yardstick Re cat bond (Artemis.bm)
Gothaer Allgemeine Versicherungs AG is looking to issue at least €100 million Yardstick Re DAC (Series 2026-1) single-tranche four-year catastrophe (CAT) bonds. They will cover losses from major inland and coastal flood events in Germany on an indemnity per-occurrence basis. [Source: Artemis.bm]
·artemis.bm·
Gothaer seeks €100m German flood reinsurance with debut Yardstick Re cat bond (Artemis.bm)
The Hanover secures 50% upsized $150m Commonwealth Re 2026-1 cat bond (Artemis.bm)
The Hanover secures 50% upsized $150m Commonwealth Re 2026-1 cat bond (Artemis.bm)
The Hanover Insurance Group, Inc. will issue $150 million Commonwealth Re Ltd. (Series 2026-1) single-tranche three-year catastrophe (CAT) bonds, versus the original target of $100 million. They will cover losses from US named storm, earthquake, severe thunderstorm, winter storm and wildfire across the United States on an indemnity and per-occurrence basis. [Source: Artemis.bm]
·artemis.bm·
The Hanover secures 50% upsized $150m Commonwealth Re 2026-1 cat bond (Artemis.bm)
California Earthquake Authority secures $425m reinsurance with Sutter Re 2026-1 cat bond (Artemis.bm)
California Earthquake Authority secures $425m reinsurance with Sutter Re 2026-1 cat bond (Artemis.bm)
California Earthquake Authority (CEA) will issue $425 million Sutter Re Ltd. (Series 2026-1) two-tranche four-year catastrophe (CAT) bonds, versus the original $300 million target. They will cover losses from earthquakes in California on an indemnity and annual aggregate basis. [Source: Artemis.bm]
·artemis.bm·
California Earthquake Authority secures $425m reinsurance with Sutter Re 2026-1 cat bond (Artemis.bm)
Achmea targets €75m Windmill III Re 2026-1 cat bond for more windstorm reinsurance (Artemis.bm)
Achmea targets €75m Windmill III Re 2026-1 cat bond for more windstorm reinsurance (Artemis.bm)
Achmea is looking to issue at least €75 million Windmill III Re DAC (2026-1) single-tranche four-year catastrophe (CAT) bonds. They will cover losses from European windstorm and certain severe convective or thunderstorm risks, including hail and tornadoes, across all major European windstorm-exposed countries, on an indemnity and per-occurrence basis. [Source: Artemis.bm]
·artemis.bm·
Achmea targets €75m Windmill III Re 2026-1 cat bond for more windstorm reinsurance (Artemis.bm)
The Hanover returns for 4th Commonwealth Re cat bond with $100m initial target (Artemis.bm)
The Hanover returns for 4th Commonwealth Re cat bond with $100m initial target (Artemis.bm)
The Hanover Insurance Group, Inc. is looking to issue at least $100 million Commonwealth Re Ltd. (Series 2026-1) single-tranche three-year catastrophe (CAT) bonds. They will cover losses from US named storm, earthquake, severe thunderstorm, winter storm and wildfire across the United States on an indemnity and per-occurrence basis. [Source: Artemis.bm]
·artemis.bm·
The Hanover returns for 4th Commonwealth Re cat bond with $100m initial target (Artemis.bm)
Church of Scotland pension scheme completes £220m buy-in with Just Group (PensionsAge)
Church of Scotland pension scheme completes £220m buy-in with Just Group (PensionsAge)
The Church of Scotland Pension Scheme for Ministers and Overseas Missionaries has completed a buy-in with Just Group for £220 million, covering 3,500 members consisting of 2,800 pensioner members and 700 deferred members in the United Kingdom. This is the third buy-in transaction between the Church of Scotland pension trustees and Just Group, following two earlier buy-ins totaling £75 million completed in December 2024 as part of an ongoing de-risking programme for the Church’s pension schemes. [Source: PensionsAge]
·pensionsage.com·
Church of Scotland pension scheme completes £220m buy-in with Just Group (PensionsAge)
Oak Global secures 100% upsized $150m debut Quercian Re 2026-1 retro cat bond (Artemis.bm)
Oak Global secures 100% upsized $150m debut Quercian Re 2026-1 retro cat bond (Artemis.bm)
Oak Global will issue $150 million Arthur Re Ltd. – Quercian Re 2026-1 single-tranche three-year catastrophe (CAT) bonds, versus the original $75 million target. They will cover losses from US and Canada named storms and earthquakes, as well as US wildfire events, on an annual aggregate and industry loss trigger basis. [Source: Artemis.bm]
·artemis.bm·
Oak Global secures 100% upsized $150m debut Quercian Re 2026-1 retro cat bond (Artemis.bm)
Dutch Longevity Risk Transfer Market Growing as Pension Scheme Transition Deadline Boosts Deal Activity (L&M Investor)
Dutch Longevity Risk Transfer Market Growing as Pension Scheme Transition Deadline Boosts Deal Activity (L&M Investor)
Dutch insurers are ramping up longevity risk transfer to reinsurers as defined benefit schemes accelerate bulk annuity buy‑outs ahead of the Futures of Pensions Act transition deadline, shifting longevity exposure from funds to insurer and then reinsurer balance sheets. This reconfigures Dutch pension market structure toward an insurance‑reinsurance risk chain, reinforces Solvency II‑driven capital management, and deepens cross‑border reinsurance links, drawing on United Kingdom experience and creating diversification benefits for global reinsurers. Key unresolved issues include post‑2028 end‑game choices for closed defined benefit schemes, the sustainability of pricing as volumes grow, and supervisory views on concentrated longevity and reinsurance counterparty risk. [Source: L&M Investor]
·lminvestor.com·
Dutch Longevity Risk Transfer Market Growing as Pension Scheme Transition Deadline Boosts Deal Activity (L&M Investor)
PJH Group Pension Scheme Completes Bulk Purchase Annuity Transaction With Utmost (L&M Investor)
PJH Group Pension Scheme Completes Bulk Purchase Annuity Transaction With Utmost (L&M Investor)
The PJH Group Pension Scheme has completed a buy-out bulk purchase annuity transaction with Utmost Life and Pensions in the United Kingdom; transaction value and member numbers were not disclosed. As part of the conversion from buy-in to buy-out, Utmost Life and Pensions also supported the trustee with guaranteed minimum pension equalisation. [Source: L&M Investor]
·lminvestor.com·
PJH Group Pension Scheme Completes Bulk Purchase Annuity Transaction With Utmost (L&M Investor)
Abbey Life Assurance Company Pension Scheme Completes Bulk Purchase Annuity Transaction With Standard Life (L&M Investor)
Abbey Life Assurance Company Pension Scheme Completes Bulk Purchase Annuity Transaction With Standard Life (L&M Investor)
The Abbey Life Assurance Company Limited Staff Pension Scheme has completed a £200 million buy-in with Standard Life covering 1,584 members, including approximately 900 current pensioners and dependants and around 600 deferred members, in the United Kingdom. The transaction completed in April 2026. [Source: L&M Investor]
·lminvestor.com·
Abbey Life Assurance Company Pension Scheme Completes Bulk Purchase Annuity Transaction With Standard Life (L&M Investor)
HSB Engineering Insurance Services Pension Scheme Completes Bulk Purchase Annuity Transaction With Canada Life (L&M Investor)
HSB Engineering Insurance Services Pension Scheme Completes Bulk Purchase Annuity Transaction With Canada Life (L&M Investor)
HSB Engineering Insurance Services Limited pension scheme has completed a £36 million full-scheme buy-in bulk purchase annuity with Canada Life, securing the benefits of 191 pensioner and 128 deferred members in the United Kingdom. [Source: L&M Investor]
·lminvestor.com·
HSB Engineering Insurance Services Pension Scheme Completes Bulk Purchase Annuity Transaction With Canada Life (L&M Investor)
Leeds Building Society Staff Pension Scheme Completes Bulk Purchase Annuity Buy-In With Royal London (L&M Investor)
Leeds Building Society Staff Pension Scheme Completes Bulk Purchase Annuity Buy-In With Royal London (L&M Investor)
Leeds Building Society Staff Pension Scheme has completed a buy-in with Royal London for £66 million covering 590 members in the United Kingdom. Completed in March 2026, the transaction is Royal London's second bulk purchase annuity with the pension scheme of a fellow mutual and its first with a building society. [Source: L&M Investor]
·lminvestor.com·
Leeds Building Society Staff Pension Scheme Completes Bulk Purchase Annuity Buy-In With Royal London (L&M Investor)
Scandinavian airline secures DB scheme amid financial restructure (Pensions Expert)
Scandinavian airline secures DB scheme amid financial restructure (Pensions Expert)
The Scandinavian Airlines System (Investments) Limited Pension and Assurance Scheme has completed a buy-in with Just Group for £61.8 million, covering more than 700 pensioners and deferred members in the UK. The transaction was executed as Scandinavian Airlines System restructures following its 2023 bankruptcy and subsequent acquisition by Air France-KLM, the Danish government and private equity owners. [Source: Pensions Expert]
·pensions-expert.com·
Scandinavian airline secures DB scheme amid financial restructure (Pensions Expert)
Mercury targets $100m California fire reinsurance with second Luca Re cat bond (Artemis.bm)
Mercury targets $100m California fire reinsurance with second Luca Re cat bond (Artemis.bm)
Mercury General Corporation is looking to issue at least $100 million Luca Re Ltd. (Series 2026-1) single-tranche three-year catastrophe (CAT) bonds. They will cover losses from wildfire and fire-following earthquake in the state of California on an indemnity and per-occurrence basis. [Source: Artemis.bm]
·artemis.bm·
Mercury targets $100m California fire reinsurance with second Luca Re cat bond (Artemis.bm)
Korean Re to issue targeted $75m multi-peril Solomon Re cat bond (Artemis.bm)
Korean Re to issue targeted $75m multi-peril Solomon Re cat bond (Artemis.bm)
Korean Re will issue the targeted $75 million Solomon Re Ltd. (Series 2026-1) two-tranche three-year catastrophe (CAT) bonds. They will cover losses from US named storms, US earthquakes, and Israel earthquakes on an industry loss and parametric basis. [Source: Artemis.bm]
·artemis.bm·
Korean Re to issue targeted $75m multi-peril Solomon Re cat bond (Artemis.bm)
US Coastal insurers secure $100m Chartwell Re cat bond at reduced pricing (Artemis.bm)
US Coastal insurers secure $100m Chartwell Re cat bond at reduced pricing (Artemis.bm)
American Coastal Insurance Company will issue the targeted $200 million Armor Re II Ltd. (Series 2026-1) two-tranche three-year catastrophe (CAT) bonds. They will cover losses from named storm, earthquake, fire following, severe weather, and fire in Florida on an indemnity trigger and per-occurrence basis. [Source: Artemis.bm]
·artemis.bm·
US Coastal insurers secure $100m Chartwell Re cat bond at reduced pricing (Artemis.bm)
Massachusetts MPIUA returns for $150m Mayflower Re 2026 cat bond (Artemis.bm)
Massachusetts MPIUA returns for $150m Mayflower Re 2026 cat bond (Artemis.bm)
The Massachusetts Property Insurance Underwriting Association (MPIUA) is looking to issue at least $150 million Mayflower Re Ltd. (Series 2026-1) two-tranche three-year catastrophe (CAT) bonds. They will cover losses from Massachusetts named storms, severe thunderstorms and winter storms in Massachusetts on an indemnity and annual aggregate basis. [Source: Artemis.bm]
·artemis.bm·
Massachusetts MPIUA returns for $150m Mayflower Re 2026 cat bond (Artemis.bm)
Allstate issues $200m Sanders Re III 2026-2 cat bond (Artemis.bm)
Allstate issues $200m Sanders Re III 2026-2 cat bond (Artemis.bm)
Allstate will issue the targeted $200 million Sanders Re III Ltd. (Series 2026-2) two-tranche three- and four-year catastrophe (CAT) bonds. They will cover losses from Florida named storm, earthquake, severe weather, wildfire, volcanic eruption, and meteorite impact in Florida on an indemnity and per-occurrence basis. [Source: Artemis.bm]
·artemis.bm·
Allstate issues $200m Sanders Re III 2026-2 cat bond (Artemis.bm)
State Farm issues $1.5bn Merna Re Enterprise 2026-1 cat bonds (Artemis.bm)
State Farm issues $1.5bn Merna Re Enterprise 2026-1 cat bonds (Artemis.bm)
State Farm issued $1.5 billion Merna Re Enterprise II Ltd. (Series 2026-1) two-tranche three-year catastrophe (CAT) bonds. They will cover losses from US and DC (excluding California) windstorms, hail, tornadoes, hurricanes, tropical cyclones, earthquakes and winter storms on an annual aggregate and indemnity trigger basis. [Source: Artemis.bm]
·artemis.bm·
State Farm issues $1.5bn Merna Re Enterprise 2026-1 cat bonds (Artemis.bm)