Insurers secure billions in reinsurance through catastrophe bonds for global risks in 2025.

Insurers and reinsurers are securing significant amounts of reinsurance protection through catastrophe bonds in 2025. Hannover Re secured $200 million in worldwide peak peril coverage, GeoVera raised its target to $400 million for earthquake protection, and Swiss Re secured $210 million for North American earthquake and named storm risks. These bonds provide annual aggregate protection and cover multiple risk periods.