
Cape Lookout Re Ltd. is a specialized reinsurance company founded to provide innovative risk management solutions, headquartered in Bermuda. The company focuses on offering a range of reinsurance products, including property and casualty coverage, to help clients mitigate financial risks associated with natural disasters and market fluctuations.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
CAPLKT 11.86% 2026-04-28 USDCape Lookout Re Ltd. | United States | 2026-04-28 | 11.863 | 11.06 |
CAPLKT 13.39% 2027-04-05 USDCape Lookout Re Ltd. | United States | 2027-04-05 | 13.393 | 11.44 |
CAPLKT 9.34% 2025-03-28 USDCape Lookout Re Ltd. | United States | 2025-03-28 | 9.337 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Cape Lookout Re Ltd. has been active in the bond market, issuing its first bonds in 2015 to improve capital structure and enhance liquidity. Notable issuances include a $200 million senior unsecured bond in 2019, which garnered attention for its competitive yield of 4.5% at the time, reflecting favorable investor demand amidst industry trends. The company's bonds feature flexible redemption terms and strong covenants, positioning them as an attractive option in the reinsurance sector. Recent market analysis shows Cape Lookout's current bond yields remain competitive compared to industry averages, highlighting its stable growth and investor confidence.