Augment Risk expands weather and parametric risk capabilities in Latin America
Augment Risk, the risk capital and reinsurance solutions broking firm, has expanded...
Catastrophe Bond News & ILS Market Updates
Latest catastrophe bond news, ILS market news, cat bond issuance activity, reinsurance developments, and insurance-linked securities insights — updated daily
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California FAIR Plan raises target again to $400m for second Golden Bear Re wildfire cat bond
The California FAIR Plan Association has raised the target size of its second...
Storm Nils insured losses could exceed €3bn: Morningstar DBRS
Following the widespread destruction caused by Storm Nils across southwestern France, Morningstar DBRS has estimated that total insured losses could surpass €3 billion. In a new report, the firm said...
Allstate estimates $175m January 2026 winter storm losses
The Allstate Corporation, a US-based insurance and financial services provider, has announced preliminary catastrophe losses of approximately $175 million for January 2026, equivalent to $138 million...
SageSure and SURE close record-breaking $670m cat bond
SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed property in the US, and SureChoice Underwriters Reciprocal Exchange (SURE), a member-owned reciprocal exchange, have...
Slide aims to upsize Purple Re 2026-1 cat bond 28% to $320m
Slide Insurance Company has increased its target for the new Purple Re Ltd. (Series...
Cat bonds now “structural anchors”. Investors look to long-term ILS allocations: HCMA
Catastrophe bonds and insurance-linked securities became increasingly embedded in...
ILS as a key source of reinsurance capital is only going to continue: Schwebach, Gallagher Re
Adam Schwebach of reinsurance broker Gallagher Re is expecting more new cedents to...
RenRe’s new Stratos Fund is a managed cat bond account for a single institutional investor
Filings show that RenaissanceRe’s recently established Stratos Fund catastrophe bond...
Kansas Man Sentenced for Insurance Fraud, Forgery
Kansas Insurance Commissioner Vicki Schmidt announced a Reno County man has been sentenced to 21 months in prison for insurance fraud, making false information, and forgery. Larry Wilson, aged 54,...
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