First Coast Re III Pte. Ltd, founded in 2020 and based in Singapore, operates as a reinsurance entity focused on providing tailored risk solutions to the insurance industry. The company specializes in catastrophe bonds and other alternative risk transfer mechanisms.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FCRIII 10.96% 2025-04-07 USDFirst Coast Re III Pte. Ltd | United States | 2025-04-07 | 10.961 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, First Coast Re III has been active in the bond market, launching its first catastrophe bond issuance in 2021, which was well-received, marking a notable entry into the space. The most significant issuance occurred in 2022, totaling $300 million, aimed at enhancing its reinsurance capacity. Currently, yields on its bonds are competitive within the industry, reflecting strong investor confidence, bolstered by special features allowing for flexible payment options linked to insured events.