AGH 2.24 0.00 Vol 0 AGL 30.6 -0.40 Vol 400 BAS 1.1 0.00 Vol 0 BFM 15.75 0.00 Vol 0 BG23B 0 0.00 Vol 0 BPH 8 0.00 Vol 0 DEVON 3.25 0.00 Vol 0 LOM 2.72 0.00 Vol 0 NTB 24.3 0.05 Vol 131 ONE 3.9 0.05 Vol 200 POLAR 8.95 0.00 Vol 0 SOM 15 0.00 Vol 0 WHHL 0 0.00 Vol 0 WWW 26.5 0.00 Vol 0
Market Closed:

Artex SAC Ltd – Establishes loss reserves

Hamilton, Bermuda – 29 November 2019In a filing with the Bermuda Stock Exchange (“BSX”), Artex SAC Ltd announced the establishment loss reserves.  The filing stated:



Artex SAC Limited FOBO the Dodeka XXI Segregated Account, USD 17,959,000 Notes due March 18, 2020


With reference to the above issuance, which is linked to a Global, Non-Marine Catastrophe Aggregate Reinsurance treaty which incepted on March 1, 2019.  Based upon market data associated with recent catastrophic events, including Hagibis, Faxai and Dorian, the issuer has established loss reserves which write-down the value of this investment to approximately 8% below issuance price.



November 29th, 2019
Artex SAC Limited
Hamilton Bermuda


08:30-09:00 Price Discovery
09:00-16:30 Continuous Trading


TEL: +1 (441) 292 7212
FAX: +1 (441) 292 7619


30 Victoria Street
3rd Floor
Hamilton, Bermuda


P.O. Box HM 1369
Hamilton HMFX



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