The Kilimanjaro Re US$325,000,000 Series 2015-1 Class E Principal-at-Risk Variable Rate Notes due 6 December, 2019 and US$300,000,000 Series 2015-1 Class D Principal-at-Risk Variable Rate Notes due 6 December, 2019  (the “Series 2015-1 Notes”),  will be exposed to Named Storms and Earthquakes affecting the Covered Area on  a per occurrence basis during the Risk Period. The Notes are being issued pursuant to the listed and existing Kilimanjaro Re Limited Principal-at-Risk Variable Rate Program.