Armor Re II Ltd. Series 2019-1

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United’s (UPC) new Armor Re II cat bond halved at higher pricing

The latest catastrophe bond to be sponsored by United Insurance Holdings (UPC Insurance) has halved in size, we're told, as pricing expectations moved to the top-end of expectation, leading to a tranche being pulled and the insurer likely opting to place the remainder of the cat bond in another form.United read the full article →

United (UPC) sponsoring $200m Armor Re II cat bond for 2019

United Insurance Holdings (UPC Insurance) is back with a new catastrophe bond for 2019, Armor Re II Ltd. (Series 2019-1), and it should be the firms largest yet at an expected $200 million or greater in size.Sources told us that the Armor Re II Ltd. (Series 2019-1) catastrophe bond transaction read the full article →