The inside story about the world's first ILS Climate Resilience CAT Bond: ILS Insider's 2026 "Initiative of the Year"
Donald Hornstein
Gina Hardy
Cory Anger
Event by: Marsh Securities, LLC;Center on Risk, Resilience, Energy & the Environment (Univ of North Carolina School of Law);the NC Insurance Underwriters Association;UNC Environmental Law Project
Event format
In-person
Event duration
2 hours
Language
English
In 2025, North Carolina's innovative nonprofit coastal-insurer-of-last-resort squared the circle -- it engineered a $600 million insurance-linked-security Climate Resilience CAT Bond. Artemis, the Bermuda-based trade journal for the industry, called it "the world's first." In 2026, ILS Insider awarded the NCIUA its coveted "Initiative of the Year" award. Hear the inside story of how it came about, how it can be copied, and how it's already expanded.