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:     

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



08:30-09:00 Price Discovery 110 Pitts Bay Road
09:00-16:30 Continuous Trading 4th Floor
  Hamilton, Bermuda
TEL: +1 (441) 292 7212 P.O. Box HM 1369
FAX: +1 (441) 292 7619 Hamilton HMFX
The information contained in these pages has been obtained from sources which The Bermuda Stock Exchange believes are reliable. However, the accuracy of the information cannot and is not guaranteed and The Bermuda Stock Exchange makes no representation as to its accuracy or completeness. Neither this Web site, nor any information contained herein, constitutes advice or a solicitation to subscribe, purchase or sell any securities. The Bermuda Stock Exchange expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon any part of the contents of this site or any external sites referenced from this website.