'Insurers are turning to catastrophe bonds… Issuance of cat bonds that include exposure to wildfires has already soared to >$5 bn so far… That’s approaching the record amount sold during all of 2025, which was roughly double the level issued the previous year' www.claimsjournal.com/news/nationa...

Wildfires Fan Record Sales of Catastrophe Bonds to Backstop RiskInsurers are turning to catastrophe bonds to pass on historic levels of wildfire risk to the capital markets. Issuance of cat bonds that include exposurewww.claimsjournal.com