Sector Re V Ltd.
The Artemis Catastrophe Bond and Insurance-linked Securities Deal Directory aims to provide a one-stop resource for information on every cat bond and ILS transaction we hold information on. The content of this Deal Directory is provided as is and there will be some omissions. Help us to keep these cat bond and ILS transaction summaries up to date by contacting us if you see an error or omission that you can correct.
Sector Re V Ltd. sidecar snapshot
- Reinsurance sidecar: Sector Re V Ltd.
- Sponsor: Swiss Re
- Launched: April 2015
- Latest size: $190.7m (as at June 2015)
Sector Re V Ltd. sidecar details
Global reinsurer Swiss Re has issued multiple series of notes through its collateralized reinsurance sidecar platform, Sector Re, which provides the firm with retrocessional and capital support. In its latest offering, reinsurer Swiss Re has issued three tranches of notes via its Sector Re V Ltd. sidecar vehicle, totalling $190.7m, with investors contributing 100% of the collateral.
The three tranches are sized $60m, $72.3m and $58.4m.
The launch date provided refers to the specific issuance of the Sector Re V Ltd. notes, and not the firm’s Sector Re platform, as there have been multiple issuances under this vehicle in the past.
Go back to the Artemis Collateralized Reinsurance Sidecar Directory.