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ARTICLE · 04 APRIL 2025

With Everything Growing, All Of The ILS World Will Rise Together

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It's been an exceptionally busy and record start to the year for the catastrophe bond sector, and with "everything happening" in the broader insurance-linked securities (ILS) and reinsurance markets.

BermudaInsurance
Brad Adderley
Brad Adderley
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It's been an exceptionally busy and record start to the year for the catastrophe bond sector, and with "everything happening" in the broader insurance-linked securities (ILS) and reinsurance markets, it's all going to rise together, according to Brad Adderley, Bermuda Managing Partner at Appleby.

When we last spoke with Adderley around the launch of our Q4 and full year 2024 cat bond and ILS market report, he suggested the start of 2025 would be extremely active for the space.

Last year's Q2 issuance totalled $8.4 billion, the largest quarter in the history of the cat bond market, and with Q1 issuance so strong this year, it would be some feat for that record to be broken again this year.

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