Citrus Re Ltd. Is a Bermuda exempted company incorporated on 21 March 2014 with registration number 48883. The Issuer is registered as a Special Purpose Insurer under a license issued by the Bermuda Monetary Authority on 7 April 2014.

The US$125,000,000 Series 2017-1 Class A Principal At-Risk Variable Rate Notes are exposed to the peril of Named Storm affecting the Covered Area on a per occurrence basis during the Risk Period. For Qualified Investors.

Hamilton, Bermuda – 17 March 2020 – In a filing with the Bermuda Stock Exchange (the “BSX”), Citrus Re Ltd., (the “Issuer”), announced the partial redemption and maturity extension for the Citrus Re Ltd - Series 2017-1 Class A Principal At-Risk Variable Rate Notes Due 18 March 2020. The maturity date of the Notes has now been extended to 20 March 2023 and $36,699,756 of the Notes are outstanding.