The Issuer is a Bermuda exempted company incorporated under the laws of Bermuda on February 19, 2015 and registered as a Special Purpose Insurer in Bermuda effective March 13, 2015. Its issued shares are held pursuant to the terms of the Pelican III Purpose Trust by Codan Trust Company Limited as share trustee. The business of the Issuer will consist solely of the issuance of the Notes under the Program, and the entering into and performance of a reinsurance agreement and related agreements and activities as applicable.
The Series 2015-1 Class A Principal-At-Risk Variable Rate Notes due 16 April 2018, pursuant to its Note Program are exposed to the peril of Named Storms affecting the Subject Business in the Covered Area on a per occurrence basis during the Risk Period and as specified in the offering circular supplement For Qualified Investors.
TRADING HOURS | LOCATION |
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08:30-09:00 Price Discovery | Exchange House |
09:00-16:30 Continuous Trading | 110 Pitts Bay Road |
Pembroke, Bermuda | |
CONTACT DETAILS | MAILING ADDRESS |
TEL: +1 (441) 292 7212 | P.O. Box HM 1369 |
FAX: +1 (441) 292 7619 | Hamilton HMFX |
Contact Us (info@bsx.com) |
DISCLAIMER |
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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. |