Listing Type:   | Insurance Linked Security |
Listing Status:   | Delisted |
Listed:   | 31 May 2016 |
Delisted:   | 21 Jul 2017 |
The Issuer is a Bermuda exempted company incorporated with limited liability to be registered as a special purpose insurer under the Insurance Act. The Issuer is not, and does not intend to become, a licensed insurance or reinsurance company in any state of the United States or in any jurisdiction other than Bermuda. The Issuer was incorporated under the laws of Bermuda on May 4, 2016 with registration number 51438.
The above notes are exposed to the perils of Named Storm and Earthquake affecting the Covered Area on a cascading per occurrence basis during the Risk Period.
Laetere Re Ltd $30,000,000 Series 2016-1 Class C Principal At-Risk Variable Rate Notes due June 6, 2017 was admitted to the Official List of the BSX on May 31, 2016
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