Fibonacci Reinsurance Ltd


RenRe extends maturity on $3.3m of Fibonacci Re ILS notes

Bermudian reinsurance firm RenaissanceRe has allowed a partial redemption of its $140 million Series 2017-1 notes issued by Fibonacci Reinsurance Ltd. at the scheduled maturity, but has opted to extend the maturity for $3.3 million of the tranche, suggesting the vehicle may be exposed to losses from recent catastrophe events. Fibonacci read the full article →

$45m of notes issued by RenRe’s Fibonacci Reinsurance Ltd.

A $45 million tranche of insurance-linked notes have been issued through Bermudian reinsurer RenaissanceRe's vehicle Fibonacci Reinsurance Ltd., a sidecar-like structure that can provide investors with catastrophe bond-like investments. Fibonacci Re helps Renaissance Re (RenRe) to source risk efficiently for its third-party investors, as well as for its own Medici cat read the full article →

Fibonacci helps RenRe source risk efficiently for investors & Medici fund

The Fibonacci Reinsurance Ltd. special purpose insurance vehicle helps reinsurer RenaissanceRe source risks efficiently for its third-party investors, as well as for its Medici cat bond fund, in a sidecar style structure that can provide bond-like investments. RenaissanceRe launched the Fibonacci Re vehicle at the start of the year, with a read the full article →

RenaissanceRe responsible for $140m Fibonacci Reinsurance Ltd.

It transpires that Bermudian reinsurance firm RenaissanceRe was responsible for the formation of special purpose insurer Fibonacci Reinsurance Ltd. and the subsequent issuance of $140 million of participating notes, which Artemis wrote about earlier today. RenRe said that it has formed Fibonacci Reinsurance Ltd. (Fibonacci Re), a Bermuda domiciled Special read the full article →

Fibonacci Reinsurance Ltd. $140m 2017 sidecar notes listed on BSX

Another collateralized reinsurance sidecar transaction has been completed for the January renewal, with a Fibonacci Reinsurance Ltd. participating notes program and $140 million of Series 2017-1 notes issued and having now been listed on the Bermuda Stock Exchange (BSX). This is the fourth reinsurance sidecar transaction we've now seen completed in read the full article →