Armor Re II Ltd. Series 2020-1

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United (UPC)’s Armor Re II 2020 cat bond pulled on lack of support

We're told that the latest catastrophe bond from United Insurance Holdings (UPC Insurance) Armor Re II Ltd. (Series 2020-1) has failed to get sufficient investor support, so was pulled from the market and now won't be issued.United (UPC) returned to the insurance-linked securities (ILS) market in late February, looking to read the full article →

United (UPC) returns for $130m Armor Re II 2020 catastrophe bond

United Insurance Holdings (UPC Insurance) is back in the insurance-linked securities (ILS) market for a fresh catastrophe bond issue for 2020, bringing a $130 million multi-peril Armor Re II Ltd. (Series 2020-1) transaction to market as it looks to expand on its capital markets backed reinsurance cover.Last week we reported read the full article →