
Japanese insurer Tokio Marine & Nichido Fire Insurance Co. Ltd. is sponsoring a new $100 million Kizuna Re III cat bond (Series 2026-1) issued by Kizuna Re III Pte. Ltd. out of Singapore. The bond will provide collateralized earthquake reinsurance protection for Tokio Marine's portfolio, with a five-year term and maturity slated for early April 2031.

Heritage Insurance Holdings, Inc. is returning to the catastrophe bond market with a target of at least $250 million in collateralized US named‑storm reinsurance through the issuance of Citrus Re Ltd. Series 2026‑1. The SPV will issue a $100 million Class A tranche and...

Slide Insurance Company has priced its new Purple Re Ltd. (Series 2026-1) catastrophe bond, upsizing the issuance to $320 million of fully-collateralized reinsurance. The Bermuda‑based special purpose insurer Purple Re Ltd. will issue the notes at a 6.5% risk interest spread,...
Allstate announced it has increased its target for the dual Sanders Re III and Sanders Re IV catastrophe bond issuances to $1.2 billion, seeking $600 million of reinsurance limit per series. The bonds, issued by Sanders Re III Ltd. and Sanders Re...
SageSure has risen to third place on the Artemis catastrophe‑bond sponsor leaderboard after closing its largest Gateway Re issuance, a $670 million multi‑peril cat bond. The transaction brings the MGU’s outstanding risk capital to just over $3.1 billion across 12 issuances. The...

Legal & General Investment Management will keep its catastrophe‑bond exposure despite recent spread compression. The firm’s portfolio, estimated at a minimum of $400 million, remains in diversified multi‑asset funds while it waits for more attractive entry points. Turner and Dietz note...

Challenger Life, an Australian life insurer, reported that its catastrophe bond and broader insurance‑linked securities (ILS) investments outperformed the Plenum CAT Bond UCITS Fund Index over the last six months. The cat bond segment delivered a return above the index’s...

The Florida State Board of Administration allocated $400 million to insurance‑linked securities on behalf of the Florida Retirement System Pension Plan. $200 million went to Tangency Capital’s Select Market Access Fund, a quota‑share reinsurance vehicle, while another $200 million was placed in Nephila...

The Florida State Board of Administration allocated $200 million each to Tangency Capital’s Select Market Access Fund Ltd. and Nephila Capital’s Navaura Holdings Ltd., bringing its total ILS allocation to $400 million. The investment marks the first allocation to Tangency’s...

RenaissanceRe launched the Stratos Fund, a $260.4 million catastrophe‑bond segregated account managed exclusively for a single institutional investor. The capital was transferred from the co‑mingled Medici cat‑bond strategy, making Stratos a fund‑of‑one rather than a multi‑investor vehicle. It is the second...

Oxbridge Re Holdings has launched two new tokenized reinsurance sidecar tranches, T20-2027 and T42-2027, targeting 20% and 42% annual returns. The securities are issued on the Solana blockchain, replacing the earlier Avalanche platform. Prior token offerings delivered strong performance, including...

Arbol and Pollen Systems, backed by Esri and Omniris, have launched a parametric insurance product that fuses AI‑driven risk models with real‑time satellite, drone and field data. The solution leverages Esri’s GIS platform to deliver location‑aware insights throughout the policy...

Plymouth Rock, a northeastern U.S. insurer, has launched its first catastrophe bond, seeking $100 million of named‑storm reinsurance through the Tremont Re Ltd. Series 2026‑1 issuance. The Bermuda‑based issuer will sell a single Class A tranche with a three‑year term, an attachment point...

Solidum Partners says global warming will structurally expand ILS spreads. As natural disaster frequency and severity increase, traditional reinsurers face capital constraints under Solvency II, limiting their capacity. ILS instruments, being event‑specific and fully collateralized, can absorb tail risk, leading investors...

Plymouth Rock, a regional insurer, is sponsoring its first catastrophe bond, seeking $100 million in named storm reinsurance through a $100 million Series 2026-1 issuance by Tremont Re Ltd. The bond, structured with global reinsurer Hannover Re, will provide coverage...

Decentralised climate platform dClimate has launched Tyche, a blockchain‑based marketplace that tokenises catastrophe reinsurance using ERC‑20 assets. The platform recorded $20 million of notional risk during last year’s hurricane season and relies on dClimate’s AI‑driven Aegis engine for real‑time pricing and...