Fidus Re Ltd

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Build America Mutual hails first of a kind financial guarantee ILS

Build America Mutual Assurance Company, a financial guarantee specialist established by the National League of Cities with initial capital from White Mountains, has hailed its $100 million Fidus Re Ltd. (Series 2018-1) insurance-linked securities (ILS) transaction as the "first of its kind".We first covered the Fidus Re 2018 financial guarantee read the full article →

Fidus Re Ltd., the first ever financial guarantee ILS deal targets $100m

In 2018 we see the insurance-linked securities (ILS) market expanding further into new classes of risk, as evidenced by the emergence of a new transaction named Fidus Re Ltd. (Series 2018-1) which is a vehicle for transferring financial guarantee insurance risks to the capital markets.Fidus Re Ltd. is a Bermuda read the full article →