First Coast Re IV Ltd

Security First Insurance Company, a specialist Florida domestic homeowners insurer, has now secured the upsized $250 million target for reinsurance from its new First Coast Re IV Ltd. (Series 2025-1) catastrophe bond issuance, while both tranches of notes priced at the low-end of reduced guidance, Artemis can report.

Security First Insurance Company, a specialist Florida domestic homeowners insurer, has seen the price guidance for its First Coast Re IV Ltd. (Series 2025-1) catastrophe bond issuance decline further, while the Class A tranche of notes are now targeting $100 million in size, Artemis has learned.

Artemis has learned that Security First Insurance Company, a specialist Florida domestic homeowners insurer, has now raised its target for named storm reinsurance from its latest visit to the catastrophe bond market, now aiming to secure up to $250 million of protection from its new First Coast Re IV Ltd. (Series 2025-1) issuance, the company’s […]

Security First Insurance Company, a specialist Florida domestic homeowners insurer, is back in the catastrophe bond market for its sixth sponsorship, seeking $210 million in named storm reinsurance through a First Coast Re IV Ltd. (Series 2025-1) issuance.

Florida domestic homeowners insurer Security First Insurance Company has now successfully secured $100 million of reinsurance through its new First Coast Re IV Ltd. (Series 2023-1) catastrophe bond issuance, while the pricing has been finalised around 14% lower than the mid-point of initial guidance.

Security First Insurance Company, the Florida domestic homeowners insurer, has again seen the guidance pricing drop for its new First Coast Re IV Ltd. (Series 2023-1) catastrophe bond issuance, with now a ~12% saving targeted through a reduced spread.

Security First Insurance Company, the Florida domestic homeowners insurer, is now targeting lower pricing for its new First Coast Re IV Ltd. (Series 2023-1) catastrophe bond issuance, while the size target hasn’t changed at $100 million, we are told.

Security First Insurance Company, a specialist Florida domestic homeowners insurer, is back in the catastrophe bond market with a First Coast Re IV Ltd. (Series 2023-1) issuance, that targets $100 million or more in named storm and severe thunderstorm reinsurance protection for the company.