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Growth in Catastrophe Bonds and Leadership Changes

Saturday, June 6, 2026

Market Memo

Swiss Re has appointed Hazel Etherington as Head of Underwriting for Life & Health in Hong Kong and Taiwan, aiming to enhance its High Net Worth business. Meanwhile, Chilean pension funds are increasingly allocating to catastrophe bonds, indicating a growing institutional interest in insurance-linked securities. Additionally, CCRIF has raised its coverage by 9% to $1.57 billion, reflecting significant growth in its Caribbean and Central American portfolios.

Today's developments align with a broader trend of increasing institutional interest in catastrophe bonds and proactive risk management strategies in the region. This week has seen a notable focus on leadership changes and market expansions, particularly in the ILS sector.

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