AGH 5.9 0.00 Vol 0 BAS 1.75 0.00 Vol 0 BFM 22.5 0.00 Vol 0 BG23B 0 0.00 Vol 0 BPH 4.25 0.00 Vol 0 DEVON 3.75 0.00 Vol 0 LOM 5.75 0.00 Vol 0 NTB 38 0.00 Vol 0 POLAR 8 0.00 Vol 0 SOM 18.01 0.00 Vol 0 WHHL 4.21 0.00 Vol 0 WWW 30.5 0.00 Vol 0
Market N/A:     

Valais Re Limited - Principal At-Risk Variable Note Program -SERIES 2008-1 CLASS A NOTES


HSBC Bank (Cayman) Limited, 90 North Church Street, Strathvale House, Cayman Islands

Listed Since: 2008/08/12
Delisted on: 2011/06/21
Currency: USD
CUSIP: 918865AA4
ISIN: US918865AA47
Telephone: (345) 949-7755

Issuer is issuing the Notes to support its obligations under the respective Risk Transfer Contract to make certain payments to the Risk Transfer Contract Counterparty upon the occurrence of one or more Loss Events during the applicable Risk Period.

Risk Transfer Contract Counterparty: For each Class within a Series of Notes, one or more subsidiaries or affiliates of Flagstone Reinsurance Limited, as specified in the applicable Offering Circular Supplement ("Risk Transfer Contract Counterparty").

$64M Series 2008-1 Class A assigned a debt rating of 'bb' by AM Best.

Notes matured effective 06 June, 2011, and subsequently de-listed from the BSX

FINANCIAL AND OTHER INFORMATION

Title Description Date Posted
2009 Financials 2009 Financials 2010/07/01

DIRECTORY

Title Position Phone Email
Mr. Brenton Slade Flagstone Re Director of Investor Relations +352 2 735 1515 bslade@flagstonere.com
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TRADING HOURSLOCATION
 
08:30-09:00 Price Discovery 110 Pitts Bay Road
09:00-16:30 Continuous Trading 4th Floor
  Hamilton, Bermuda
   
CONTACT DETAILSMAILING ADDRESS
 
TEL: +1 (441) 292 7212 P.O. Box HM 1369
FAX: +1 (441) 292 7619 Hamilton HMFX
Email: info@bsx.com  
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