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ARTICLE · 07 JULY 2025

Education Has Helped Investors Get More Comfortable As ILS Continues To Grow

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It's been an exceptionally busy and record first half of the year for the catastrophe bond sector, with a number of first-time sponsors entering the market.

BermudaInsurance
Brad Adderley
Brad Adderley
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Click here to view the Artemis Q2 2025 Catastrophe Bond & ILS Market Report.

It's been an exceptionally busy and record first half of the year for the catastrophe bond sector, with a number of first-time sponsors entering the market. This momentum, according to Brad Adderley, Bermuda Managing Partner at Appleby, reflects how education has "helped" investors get more comfortable, ultimately enabling the insurance-linked securities (ILS) sector to continue its growth trajectory.

Speaking with Adderley, we asked for his perspective on how a softening reinsurance market could influence demand for various ILS structures, as issuance in the cat bond space in the first half of 2025 hit new heights on the back of a record Q1 and Q2.

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