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ARTICLE · 01 JULY 2026

Record H1’26 Cat Bond Issuance Driven By Rising Sponsor Comfort And Diversified Risk

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The catastrophe bond market has officially broken records in H1 2026, with the highest number of deals settling in the first six months of any year.

BermudaInsurance
Brad Adderley
Brad Adderley
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Click here to view the Artemis Q2 2026 Catastrophe Bond & ILS Market Report.

With H1 2026 officially breaking the record for the most catastrophe bond deals to come to market and settle in the first six months of the year, a key trend driving this momentum is how comfortable sponsors have become with the mechanics of the overall cat bond space. This familiarity has ultimately encouraged a wave of new sponsors to enter the market, according to Brad Adderley, Managing Partner at law firm Appleby.

Given how H1 2026 has set a new record for cat bond issuance, we asked Adderley whether he has noticed any key structural shifts or emerging trends within the market that have helped drive this volume.

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