Fibonacci Reinsurance Ltd., Series 2018-1 Partial Redemption & Maturity Extension

Hamilton, Bermuda – January 15, 2019 – In a filing with the Bermuda Stock Exchange (the “BSX”), Fibonacci Reinsurance Ltd., (the “Issuer”), announced the partial redemption of US$50,000,000 and maturity extension for the Fibonacci Reinsurance Ltd., Series 2018-1 Class A Participating Notes due 10 January 2019. The maturity date of the Notes has now been extended to 10 April 2019 and $20,000,000 of the notes are now outstanding (effective 10 January 2019.)

Enquiries Via:

Mrs. Kim Gibson

c/o Clarien BSX Services Ltd

(441) 296 1111

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For more information on the Bermuda Stock Exchange (BSX), contact Nancy Vieira at 1-441-292-7212 or nvieira@bsx.com . Information is also available at www.bsx.com and on Bloomberg at BSX .

Established in 1971 the Bermuda Stock Exchange (BSX) is now the leading fully electronic offshore securities market. The BSX specializes in listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants and Insurance Linked Securities. The BSX, recognised by the US SEC as a Designated Offshore Securities Market, is a member of the World Federation of Exchanges and is located in an O.E.C.D. member nation. The BSX has Approved Stock Exchange status under Australia’s Foreign Investment Fund (FIF) taxation rules; Designated Investment Exchange status by the UK’s Financial Services Authority; Recognised Stock Exchange by the UK HM Revenue and Customs; Designated Exchange status under Canada’s Income Tax Act and is a member of America’s Central Securities Depository Association.