ART

2162 bookmarks
Custom sorting
Zurich gets upsized $150m Turicum Re 2026-1 cat bond (Artemis.bm)
Zurich gets upsized $150m Turicum Re 2026-1 cat bond (Artemis.bm)
Zurich American Insurance will issue $125 million Turicum Re Ltd. (Series 2026-1) single-tranche three-year catastrophe (CAT) bonds, versus the original $100 million target. They will cover losses from US named storms and earthquakes on indemnity and per-occurrence basis. [Source: Artemis.bm]
·artemis.bm·
Zurich gets upsized $150m Turicum Re 2026-1 cat bond (Artemis.bm)
Hannover Re facilitates two LI Re private cat bonds via Kaith Re -(Artemis.bm)
Hannover Re facilitates two LI Re private cat bonds via Kaith Re -(Artemis.bm)
Hannover Re’s Bermuda-domiciled transformer vehicle Kaith Re Ltd. has issued two new private catastrophe (CAT) bonds, with a relatively small $4 million of notes issued across the LI Re (Series 2026-1) and LI Re (Series 2026-2) deals that will support securitized and collateralized unspecified reinsurance or retrocession arrangements. [Artemis.bm]
·artemis.bm·
Hannover Re facilitates two LI Re private cat bonds via Kaith Re -(Artemis.bm)
Kin secures $335m of reinsurance via Hestia Re 2026-1 cat bond (Artemis.bm)
Kin secures $335m of reinsurance via Hestia Re 2026-1 cat bond (Artemis.bm)
Kin Insurance will issue $335 million Hestia Re Ltd. (Series 2026-1) four-tranche three-year catastrophe (CAT) bonds, versus the original $300 million target. They will cover losses from named storms in Florida, Alabama, Georgia, Louisiana, Missouri, Mississippi, South Carolina, Tennessee, Texas and Virginia on indemnity per-occurrence basis. [Artemis.bm]
·artemis.bm·
Kin secures $335m of reinsurance via Hestia Re 2026-1 cat bond (Artemis.bm)
ADB issuing its first parametric cat bonds, for Kyrgyz Republic & Tajikistan (Artemis.bm)
ADB issuing its first parametric cat bonds, for Kyrgyz Republic & Tajikistan (Artemis.bm)
The Asian Development Bank (ADB) is looking to issue a couple of $75 million three-year catastrophe (CAT) bonds, one on behalf of the Kyrgyz Republic and the other for Tajikistan. They will cover losses from earthquake and extreme precipitation events on a parametric per-occurrence basis. See also: https://www.artemis.bm/news/more-details-on-the-kyrgyz-republic-tajikistan-catastrophe-bonds-from-the-adb/ [Source: Artemis.bm]
·artemis.bm·
ADB issuing its first parametric cat bonds, for Kyrgyz Republic & Tajikistan (Artemis.bm)
Reinsurance sidecar market grew more than $5bn in 2025: Aon Securities (Artemis.bm)
Reinsurance sidecar market grew more than $5bn in 2025: Aon Securities (Artemis.bm)
Aon Securities reports that outstanding collateralized reinsurance sidecar capacity grew by more than $5 billion in 2025, taking the market to roughly double its mid‑2024 size, with growth now driven primarily by casualty and multiline (non‑cat) sidecars that generate float and appeal to private credit and private equity investors seeking diversified insurance risk and investment income. Sidecar terms have been tightened since the loss-heavy 2017–2020 period, improving alignment between sponsors and investors and enabling expansion into non-cat and longer‑tailed lines while maintaining investor protection. Insurers, reinsurers and MGAs are using sidecars and related quota-share structures (including packaged “ReShares”) to diversify reinsurance panels, access retrocession for specialty and casualty portfolios, and place whole-account business, particularly through Lloyd’s and Bermuda platforms. As a result, sidecar capital has become an important tool for supporting cedant growth, managing risk exposures, diversifying reinsurance sources and enhancing commissions, with current investor demand showing no signs of slowing. [Source: Artemis.bm]
·artemis.bm·
Reinsurance sidecar market grew more than $5bn in 2025: Aon Securities (Artemis.bm)
Zenkyoren secures $100m Nakama Re 2026-1 Japan quake cat bond at mid-guidance pricing (Artemis.bm)
Zenkyoren secures $100m Nakama Re 2026-1 Japan quake cat bond at mid-guidance pricing (Artemis.bm)
Zenkyoren will issue its targeted $100 million Nakama Re Pte. Ltd. (Series 2026-1) single-tranche five-year catastrophe (CAT) bonds. They will cover losses from Japanese earthquake shake and related perils, including tsunamis, fire, flooding and sprinkler leakage in Japan on an aggregate, indemnity basis. [Source: Artemis.bm]
·artemis.bm·
Zenkyoren secures $100m Nakama Re 2026-1 Japan quake cat bond at mid-guidance pricing (Artemis.bm)
USAA seeks $600m Res Re 2026-1 cat bond (Artemis.bm)
USAA seeks $600m Res Re 2026-1 cat bond (Artemis.bm)
USAA is looking to issue at least $600 million Residential Reinsurance 2026 Limited (Series 2026-1) three-tranche four-year catastrophe (CAT) bonds. They will cover losses from U.S. tropical cyclones, earthquakes (plus fire following), severe thunderstorm, winter storm, wildfire, volcanic eruption, meteorite impact, and other perils across the United States (Classes 14 & 15 aggregate tranches) and Florida only (Class A occurrence tranche), including auto and renter policy flood losses under the aggregate tranches and renter policy flood losses under the Florida occurrence tranche, on an indemnity annual aggregate and indemnity per-occurrence basis. [Source: Artemis.bm]
·artemis.bm·
USAA seeks $600m Res Re 2026-1 cat bond (Artemis.bm)
Small scheme insurance boom drives record number of buy-in deals in 2025 (Pensions Expert)
Small scheme insurance boom drives record number of buy-in deals in 2025 (Pensions Expert)
Lane Clark & Peacock LLP data show a record 367 U.K. pension buy-in transactions in 2025, up 23% year on year, but with total value falling to £38.2 billion as activity shifted toward smaller deals under £100 million that made up around 85% of transactions by number. Legal & General led the market by new business volume, supported by a handful of £1 billion-plus buy-ins such as major deals for Ford, BP and others, while all 11 bulk annuity providers competed aggressively in the small-scheme segment, driving “exceptional” pricing and innovations in online functionality and member support. LCP notes this heightened competition is expanding risk management options for trustees and schemes, alongside a busy year for large longevity swaps, including BT’s £10 billion of swaps, Lloyds’ £7 billion of reinsurance deals and a £6 billion swap by the BBC Pension Scheme. [Pensions Expert]
·pensions-expert.com·
Small scheme insurance boom drives record number of buy-in deals in 2025 (Pensions Expert)
Ariel Re opts to use London Bridge 2 PCC for new Titania Re cat bond (Artemis.bm)
Ariel Re opts to use London Bridge 2 PCC for new Titania Re cat bond (Artemis.bm)
Ariel Re is looking to issue at least $125 million London Bridge 2 PCC Limited (Titania Re 2026-1) two-tranche three-year catastrophe (CAT) bonds. They will cover losses from US named storms, earthquakes and wildfire events across the United States on industry-loss index and annual aggregate basis. [Source: Artemis.bm]
·artemis.bm·
Ariel Re opts to use London Bridge 2 PCC for new Titania Re cat bond (Artemis.bm)
Olympus Insurance gets $120m of reinsurance from debut Abacab Re cat bond (Artemis.bm)
Olympus Insurance gets $120m of reinsurance from debut Abacab Re cat bond (Artemis.bm)
Olympus Insurance Company will issue $120 million Abacab Re Ltd. (Series 2026-1) single-tranche three-year catastrophe (CAT) bonds, versus the original $100 million target. They will cover losses from Florida named storms in Florida on indemnity and per-occurrence basis. [Source: Artemis.bm]
·artemis.bm·
Olympus Insurance gets $120m of reinsurance from debut Abacab Re cat bond (Artemis.bm)
Artex Axcell Re issues $48.26m of private cat bond notes (Artemis.bm)
Artex Axcell Re issues $48.26m of private cat bond notes (Artemis.bm)
Artex Axcell Re (Bermuda) Limited issued $20 million SH0002 2026-1 and $28.26 million Macclesfield 2026-1 five-year catastrophe (CAT) bonds. They will cover losses from property catastrophe reinsurance or retrocession risks across unspecified geographies. [Source: Artemis.bm]
·artemis.bm·
Artex Axcell Re issues $48.26m of private cat bond notes (Artemis.bm)
Allied Trust secures $100m named storm reinsurance from second Sabine Re cat bond - Artemis.bm
Allied Trust secures $100m named storm reinsurance from second Sabine Re cat bond - Artemis.bm
Allied Trust Insurance Company will issue $100 million Sabine Re Ltd. (Series 2026-1) single-tranche three-year catastrophe (CAT) bonds. They will cover losses from named storms in Texas, North Carolina, South Carolina and Louisiana on indemnity and per-occurrence basis. [Source: Artemis.bm]
·artemis.bm·
Allied Trust secures $100m named storm reinsurance from second Sabine Re cat bond - Artemis.bm
American Coastal seeks $200m Florida multi-peril cover with Armor Re II 2026-1 cat bond (Artemis.bm)
American Coastal seeks $200m Florida multi-peril cover with Armor Re II 2026-1 cat bond (Artemis.bm)
American Coastal Insurance Company is looking to issue at least $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·
American Coastal seeks $200m Florida multi-peril cover with Armor Re II 2026-1 cat bond (Artemis.bm)
Panasonic Completes Bulk Annuity Buy-In (Pensions Expert)
Panasonic Completes Bulk Annuity Buy-In (Pensions Expert)
The Panasonic UK Pension Plan completed a £140m bulk annuity buy-in with M&G late in 2025, securing the defined benefit pension benefits of approximately 650 scheme members. This was the scheme’s third buy-in, arranged through LCP’s “streamlined” bulk annuity service, which uses pre-negotiated contracts with enhanced terms — allowing M&G to execute the transaction in just over three weeks after agreeing exclusivity. [Pensions Expert]
·pensions-expert.com·
Panasonic Completes Bulk Annuity Buy-In (Pensions Expert)
Essentra Pension Plan completes £104m buy-in with Aviva (PensionsAge)
Essentra Pension Plan completes £104m buy-in with Aviva (PensionsAge)
The Essentra Pension Plan completed a £104 million buy-in with Aviva for its Essentra Section, finalised in January 2026, securing the benefits of all remaining defined benefit members — both deferred and pensioner. This marked the second such transaction between the two parties, building on a 2022 buy-in covering the plan’s Senior Staff section. [PensionsAge]
·pensionsage.com·
Essentra Pension Plan completes £104m buy-in with Aviva (PensionsAge)
Reebok pension scheme completes £32m buy-in with Just Group (PensionAge)
Reebok pension scheme completes £32m buy-in with Just Group (PensionAge)
The Reebok UK Retirement Benefits Scheme completed a £32 million full-scheme buy-in with insurer Just Group, with the transaction finalised in November 2025 and covering 452 members — 114 pensioners and 338 deferred members. Mercer, the lead risk transfer adviser on the transaction, noted that the bulk annuity market for schemes of this size is highly competitive, with multiple insurers quoting on the transaction, resulting in better pricing and more favourable terms for trustees and members. [PensionsAge]
·pensionsage.com·
Reebok pension scheme completes £32m buy-in with Just Group (PensionAge)
Florida Peninsula targets $150m named storm reinsurance with Palm Re 2026-1 cat bond (Artemis.bm)
Florida Peninsula targets $150m named storm reinsurance with Palm Re 2026-1 cat bond (Artemis.bm)
Florida Peninsula Insurance Company is looking to issue at least $150 million Palm Re Ltd. (Series 2026-1) single-tranche three-year catastrophe (CAT) bonds. They will cover losses from named storms in Florida on indemnity and per-occurrence basis. [Source: Artemis.bm]
·artemis.bm·
Florida Peninsula targets $150m named storm reinsurance with Palm Re 2026-1 cat bond (Artemis.bm)
U.S. Plan Sponsors Complete $48.5 billion Buy-outs and Buy-ins in 2025 (LIMRA)
U.S. Plan Sponsors Complete $48.5 billion Buy-outs and Buy-ins in 2025 (LIMRA)
LIMRA reports that U.S. single-premium pension risk transfer (PRT) sales rose sharply in late 2025 as sponsors intensified balance-sheet de‑risking under elevated market volatility. New premium for single-premium buy-out and buy-in contracts surged 132% year over year to $28 billion in 2025Q4, with record buy-in volumes ($12.7 billion) and modestly higher buy-out sales despite a small decline in contract count. For 2025 overall, buy-out premiums fell 35% to $31.3 billion while buy-in premiums increased 372% to $17.5 billion, lifting total single-premium PRT assets to $342.1 billion, up 13% from 2024. This shift toward buy-ins suggests sponsors are using phased, lower-commitment structures to manage longevity and asset risk while sequencing toward plan termination, and indicates increasing participation by smaller and mid-sized plans (63% of sales from contracts under $1 billion). [LIMRA]
·limra.com·
U.S. Plan Sponsors Complete $48.5 billion Buy-outs and Buy-ins in 2025 (LIMRA)
One Alliance North America targets $100m One Shield Re cat bond (Artemis.bm)
One Alliance North America targets $100m One Shield Re cat bond (Artemis.bm)
One Alliance North America Insurance Company is looking to issue at least $100 million One Shield Re Ltd. (Series 2026-1) single-tranche three-year catastrophe (CAT) bonds. They will cover losses from named storms in Florida, Georgia, Hawaii, North Carolina, South Carolina and Texas, and wildfires in California on indemnity and per-occurrence basis. [Source: Artemis.bm]
·artemis.bm·
One Alliance North America targets $100m One Shield Re cat bond (Artemis.bm)
Swiss Re $2 billion Longevity Reinsurance Transaction (Swiss Re)
Swiss Re $2 billion Longevity Reinsurance Transaction (Swiss Re)
Swiss Re entered a $2 billion longevity reinsurance transaction with Athene, its first covering US retirees. No further structural details were disclosed, including what liability block Athene is ceding (pension risk transfer, annuities, or other) or the legal form (for example quota‑share vs excess, coinsurance vs modified coinsurance, funded vs unfunded, or use of any special purpose vehicle). [Swiss Re]
·swissre.com·
Swiss Re $2 billion Longevity Reinsurance Transaction (Swiss Re)
Pool Re in the market with a new Baltic terrorism cat bond (Artemis.bm)
Pool Re in the market with a new Baltic terrorism cat bond (Artemis.bm)

Pool Reinsurance Company is looking to issue at least £100 million Baltic PCC Limited (Series 2026-1) single-tranche three-year catastrophe (CAT) bonds. They will cover losses from commercial property losses caused by conventional terrorism attacks, nuclear, biological, chemical, or radiological (NBCR) attacks excluding nuclear facility impacts, and physical damage from cyber-triggered terrorist losses across England, Scotland and Wales on indemnity and annual aggregate basis. [Source: Artemis.bm]

·artemis.bm·
Pool Re in the market with a new Baltic terrorism cat bond (Artemis.bm)
Zenkyoren sponsoring $100m Nakama Re 2026-1 Japan quake cat bond (Artemis.bm)
Zenkyoren sponsoring $100m Nakama Re 2026-1 Japan quake cat bond (Artemis.bm)
Zenkyoren is looking to issue at least $100 million Nakama Re Pte. Ltd. (Series 2026-1) single-tranche five-year catastrophe (CAT) bonds. They will cover losses from Japanese earthquake shake and related perils, including tsunamis, fire, flooding and sprinkler leakage in Japan on an aggregate, indemnity basis. [Source: Artemis.bm]
·artemis.bm·
Zenkyoren sponsoring $100m Nakama Re 2026-1 Japan quake cat bond (Artemis.bm)
Tokio Marine secures $100m Kizuna Re quake cat bond (Artemis.bm)
Tokio Marine secures $100m Kizuna Re quake cat bond (Artemis.bm)
Tokio Marine & Nichido Fire Insurance Co. Ltd. will issue $100 million Kizuna Re III Pte. Ltd. (Series 2026-1) single-tranche five-year catastrophe (CAT) bonds. They will cover losses from Japanese earthquakes, including related impacts from shake, tsunami, fire, flooding, dam rupture, sprinkler leakage, sea quakes and seismic volcanic disturbances or eruptions in Japan, on indemnity and three-year rolling aggregate basis. [Source: Artemis.bm]
·artemis.bm·
Tokio Marine secures $100m Kizuna Re quake cat bond (Artemis.bm)
Heritage secures $250m Citrus Re 2026-1 cat bond at reduced pricing (Artemis.bm)
Heritage secures $250m Citrus Re 2026-1 cat bond at reduced pricing (Artemis.bm)
Heritage Insurance Holdings will issue $250 million Citrus Re Ltd. (Series 2026-1) two-tranche three-year catastrophe (CAT) bonds. They will cover losses from US named storms across Connecticut, Delaware, Maryland, Massachusetts, New Jersey, New York, Rhode Island, Virginia, and Hawaii (Hawaii covered in Class B tranche only) on an indemnity and per-occurrence basis. [Source: Artemis.bm]
·artemis.bm·
Heritage secures $250m Citrus Re 2026-1 cat bond at reduced pricing (Artemis.bm)
Kin looking to issue $300m Hestia Re 2026-1 cat bond (Artemis.bm)
Kin looking to issue $300m Hestia Re 2026-1 cat bond (Artemis.bm)

Kin Insurance is looking to issue at least $300 million Hestia Re Ltd. (Series 2026-1) four-tranche three-year catastrophe (CAT) bonds. They will cover losses from named storms in Florida, Alabama, Georgia, Louisiana, Missouri, Mississippi, South Carolina, Tennessee, Texas and Virginia on indemnity per-occurrence basis. [Artemis.bm]

·artemis.bm·
Kin looking to issue $300m Hestia Re 2026-1 cat bond (Artemis.bm)