First Coast Re III Pte. Ltd. Series 2021-1

Florida headquartered Security First Insurance Company is now set for its largest catastrophe bond transaction yet, as its new First Coast Re III Pte. Ltd. (Series 2021-1) issuance has more than doubled in size to $225 million while being marketed.

Florida headquartered Security First Insurance Company is back in the catastrophe bond market, sponsoring a $100 million First Coast Re III Pte. Ltd. (Series 2021-1) transaction, that will be its fourth cat bond issuance, its second cat bond to be issued out of Singapore.