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Cat bond issuance on pace to hit $10bn faster in 2026. But large deals matter for records

While the first-quarter of 2026 failed to set a new issuance record for the period in the catastrophe bond market, rising activity in recent weeks means that cat bond issuance this year could hit the $10 billion milestone around one week faster than it did a year ago, according to Artemis’ data and analysis. 2026-catastrophe-bond-10-billion-raceThe first-quarter of 2026 saw $6.7 billion of new risk capital coming to market, across full Rule 144A catastrophe bonds and private cat bond deals tracked in the Artemis Deal Directory. [...]