Artex Axcell Re (Bermuda) Limited (formerly Artex SAC Limited and Kane SAC Limited) (the “Issuer”), is a Bermuda exempted company incorporated in Bermuda on 2 July 1981 and registered as a Class 3 insurer and as a Class C insurer under the Insurance Act 1978, as amended (Insurance Act), and registered as a segregated accounts company under the Segregated Accounts Companies Act 2000 (SAC Act) on 5 April 2005.  

USD 16,500,000 "Cairney III" Notes due 8 January 2024