Business & Finance
Wildfires Fan Record Sales of Catastrophe Bonds to Backstop Risk
Key Points
Bonds Wildfires Fan Record Sales of Catastrophe Bonds to Backstop Risk Insurers are turning to catastrophe bonds to pass on historic levels of wildfire risk to the capital markets. Issuance of cat bonds that include exposure to wildfires has already soared to more than $5 billion so far this year, according to data published on Monday by industry specialist Artemis. That’s approaching the record amount sold during all of 2025, which was roughly double the level issued the previous year.
Bonds
Wildfires Fan Record Sales of Catastrophe Bonds to Backstop Risk
Insurers are turning to catastrophe bonds to pass on historic levels of wildfire risk to the capital markets.
Issuance of cat bonds that include exposure to wildfires has already soared to more than $5 billion so far this year, according to data published on Monday by industry specialist Artemis. That’s approaching the record amount sold during all of 2025, which was roughly double the level issued the previous year.