Q4 2022 – Rising prices drive spreads toward record levels
The Artemis Q4 2022 catastrophe bond and related insurance linked securities (ILS) market report examines an interesting period for the industry. Year-on-year, issuance fell, but an average number of deals came to market, while investors pushed for higher pricing amid the hardening reinsurance market landscape.
View the full report HERE.
Q3 2022 – 9M issuance strong despite unusually quiet Q3
This report reviews the catastrophe bond and insurance-linked securities (ILS) market at the end of the third-quarter of 2022, looking at new risk capital issued and the composition of transactions completed during the quarter.
Q3 is typically the slowest quarter of the year for new catastrophe bond issuance, but at just $266.5 million from seven transactions, six of which are private, or cat bond lite deals, Q3 2022 issuance is especially low, and comes in $666 million under the 10-year average for the quarter.
View the full report HERE.
Q2 2022 – Spreads widen in third busiest cat bond Q2
23 catastrophe bond transactions, comprised of 34 tranches of notes, provided reinsurance or retrocession protection against a variety of perils for sponsors during the second-quarter of 2022. When combined with the three private ILS deals, Q2 2022 issuance reached approximately $5.1 billion.
View the full report HERE.
Q1 2022 – Outstanding market hits new high after strong first quarter
Combined, property catastrophe bond, private cat bond, and other ILS issuance exceeded $3.5 billion in the first quarter of 2022, making it the third most active Q1 in the market’s history, in terms of risk capital issued, and taking the outstanding market size to a new high of $37.5 billion.
View the full report HERE.
