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SageSure is looking to issue at least $125 million Gateway Re Ltd. (Series 2025-2) single-tranche three-year catastrophe (CAT) bonds. They will cover losses from US named storms on an indemnity trigger and per-occurrence basis. [Source: Artemis.bm]

The North Carolina Insurance Underwriting Association (NCIUA) will issue $600 million Cape Lookout Re Ltd. (Series 2025-1) single-tranche three-year catastrophe (CAT) bonds, versus the original $350 million target. They will cover losses from named North Carolina storms on an annual aggregate basis. [Source: Artemis.bm]

Kin Insurance will issue $200 million Hestia Re Ltd. (Series 2025-1) two-tranche three-year catastrophe (CAT) bonds, versus the original $200 million target. They will cover losses from Florida named storms on a indemnity trigger and per-occurrence basis. [Source: Artemis.bm]

Florida-based Security First Insurance Company will issue $250 million First Coast Re IV Ltd. (Series 2025-1) two-tranche three-year catastrophe (CAT) bonds, versus the original target of $210 million. They will cover losses from Florida named storms on an indemnity trigger per-occurrence and cascading basis (the reinsurance will cascade down the tower if layers beneath are eroded). [Source: Artemis.bm]

Build America Mutual Assurance Company (BAM) will issue $275 million Fidus Re Ltd. (Series 2025-1) single-tranche twelve-year catastrophe (CAT) bonds. They will cover losses from on a defined, static portion of BAM's in-force financial guarantee portfolio on an indemnity trigger basis. [Source: Artemis.bm]

American Integrity Insurance Company will issue $565 million Integrity Re III Ltd. (Series 2025-1) six-tranche catastrophe (CAT) bonds of varying terms to maturity from two to three years, versus the original target of $375 million for a seven-tranche deal. All tranches will cover losses from named storm reinsurance protection across the states of Florida, Georgia, North Carolina and South Carolina, on an indemnity trigger and per-occurrence basis. [Source: Artemis.bm]

Core Specialty Insurance Holdings is looking to issue at least $75 million Yosemite Re Ltd. (Series 2025-1) single-tranche three-year catastrophe (CAT) bonds. They will cover losses from named storms and earthquakes across the United States on an indemnity and per-occurrence basis. [Source: Artemis.bm]

Pacific Life Re has completed a longevity swap reinsurance agreement with Nationale-Nederlanden (NN Life). It covers a €2 billion block of in-force individual annuity life policies and includes an ongoing commitment to reinsure future new business through a flow arrangement. This is Pacific Life Re’s first longevity swap transaction in the Dutch market, but the firm has completed numerous ones with U.K. counterparties. [Source: Artemis.bm]

Heritage Insurance Holdings is looking to issue at least $200 million Citrus Re Ltd. (Series 2025-1) two-tranche three-year catastrophe (CAT) bonds. They will cover losses from named storms that hit the U.S. states of Alabama, Florida, Georgia, Hawaii, Mississippi, North Carolina and South Carolina on an indemnity trigger and per-occurrence basis. [Source: Artemis.bm]

AXIS Capital is looking to issue at least $150 million Northshore Re II Ltd. (Series 2025-1) single-tranche three-year catastrophe (CAT) bonds. They will cover losses from North American named storms and earthquakes on a per-occurrence territory-weighted industry loss trigger basis. [Source: Artemis.bm]

Hiscox Group will issue $200 million Ocelot Re Ltd. (Series 2025-1) two-tranche four-year catastrophe (CAT) bonds. They will cover losses from US and Canada named storms and earthquakes. One tranche of will be structured to provide annual aggregate and weighted PCS industry-loss trigger based coverage, while the second will provide industry-loss index trigger second and subsequent event occurrence protection. [Source: Artemis.bm]

Allstate is looking to issue at least $300 million Sanders Re II Ltd. (Series 2025-1) four-tranche catastrophe (CAT) bonds. Two tranches will run for three years, and the others for five years. They will cover property and auto losses from named storm, earthquake, severe weather, wildfire, volcanic eruption, or meteorite impact events, across all US states except for Florida, on a per-occurrence and indemnity trigger basis. [Source: Artemis.bm]

In October 2024, General Dynamics purchased an irrevocable group annuity (buy-out) contract for $673 million using retirement plan assets held in trust to transfer the related outstanding qualified pension obligations to two insurance companies. As a result of the transaction, the insurance companies are now required to pay and administer the retirement benefits owed to approximately 16,000 U.S. retirees and beneficiaries, with no change to the amount, timing or form of the monthly retirement benefit payments. In connection with this transaction, General Dynamics recognized a non-cash settlement charge of approximately $80 million in its qualified U.S. government pension plans related to the GAAP acceleration of deferred actuarial losses included in accumulated other comprehensive loss (AOCL) for the plans. [Source: General Dynamics 2024 10K filing)

The Finning Pension Scheme has secured a £250 million buy-in with Standard Life in 2024, covering the benefits of all 2,170 scheme members. [Source: Pensions Age]

An unnamed UK pension scheme has completed an £18 million buy-in with Utmost, fully insuring the benefits of over 270 members of the scheme.

SageSure will issue $520 million Gateway Re Ltd. (Series 2025-1) five-tranche three-year catastrophe (CAT) bonds, versus the original $410 million target. Three tranches are coupon bearing and designed to secure per-occurrence excess-of-loss reinsurance protection, while two others are zero-coupon notes designed to secure excess-of-loss second and subsequent coverage. They will cover losses from US named storms on an indemnity trigger basis, with slight variations between tranches as to which states are covered. [Source: Artemis.bm]

U.K.-based Flood Re is looking to issue at least £100 million London Bridge 2 PCC Limited (Vision 2039 – 2025-1) single-tranche three-year catastrophe (CAT) bonds. They will cover losses from U.K. floods on an indemnity trigger and annual aggregate basis. [Source: Artemis.bm]

Legal & General Assurance Society Limited completed a £370 million buy-in for the BAL section of the TUI Group UK Pension Trust. This follows an initial £610 million buy-in in 2021, and now all benefits within the section have been secured. [Source: Reinsurance News]

The California Earthquake Authority (CEA) will issue $400 million Ursa Re Ltd. (Series 2025-1) single-tranche three-year catastrophe (CAT) bonds, versus the original $200 million target. They will cover losses from California earthquakes on an indemnity trigger and annual aggregate basis. [Source: Artemis.bm]

The North Carolina Insurance Underwriting Association (NCIUA) is looking to issue at least $350 million Cape Lookout Re Ltd. (Series 2025-1) single-tranche three-year catastrophe (CAT) bonds. They will cover losses from name North Caolina storms on an annual aggregate basis. [Source: Artemis.bm]

Florida-based Tower Hill Insurance Exchange will issue $175 million Winston Re Ltd. (Series 2025-1) single-tranche three-year catastrophe (CAT) bonds, versus the original $175 million target. They will cover losses from named storms in Florida on an indemnity trigger and per-occurrence basis. [Source: Artemis.bm]

Kin Insurance is looking to issue at least $200 million Hestia Re Ltd. (Series 2025-1) two-tranche three-year catastrophe (CAT) bonds. They will cover losses from Florida named storms on a indemnity trigger and per-occurrence basis. [Source: Artemis.bm]

American Integrity Insurance Company is looking to issue $375 million Integrity Re III Ltd. (Series 2025-1) seven-tranche catastrophe (CAT) bonds of varying terms to maturity from two to three years. All tranches will cover losses from named storm reinsurance protection across the states of Florida, Georgia, North Carolina and South Carolina, on an indemnity trigger and per-occurrence basis. [Source: Artemis.bm]

Hannover Re's Kaith Re Ltd. issued $84 million Seaside Re (Series 2025) seven-tranche one-year catastrophe (CAT) notes. They will cover losses from US risks likely related to property reinsurance. [Source: Artemis.bm]

GeoVera Insurance Holdings, Ltd. will issue $450 million Veraison Re Ltd. (Series 2025-1) two-tranche three-year catastrophe (CAT) bonds, versus the original $275 million target. They will cover losses from US earthquakes on an indemnity trigger and per-occurrence basis. [Source: Artemis.bm]

The Colthrop Board Mill Pension Scheme has completed a £23 million buy-in with Aviva, securing the benefits of 69 deferred members and 152 pensioners.