Armor Re II Ltd

Share

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 →

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 →

UPC’s Armor Re II cat bond prices at low end of reduced guidance

United Insurance Holdings (UPC Insurance) is now set to achieve very efficient price execution with its latest catastrophe bond issuance, the $100 million sized Armor Re II Ltd. (Series 2018-1) which has now priced at the bottom end of already slashed guidance.With this Armor Re II cat bond, UPC Insurance read the full article →

Price guidance slashed for UPC’s Armor Re II cat bond

United Insurance Holdings (UPC Insurance) latest catastrophe bond looks set to achieve efficient execution as the coupon price guidance range has been slashed on its still $100 million sized Armor Re II Ltd. (Series 2018-1) cat bond issue.The Armor Re II cat bond transaction will provide UPC Insurance subsidiaries United read the full article →

$100m Armor Re II cat bond launched for United Insurance Holdings subsidiaries

United Insurance Holdings (UPC Insurance), the Florida headquartered expansive primary insurance group, is returning to the capital markets in search of reinsurance protection with a currently $100 million sized Armor Re II Ltd. (Series 2018-1) catastrophe bond issuance.The transaction will feature four ceding companies which are all subsidiaries of United read the full article →