Lion III Re DAC, incorporated in 2019 and based in Dublin, Ireland, operates as a reinsurance special purpose vehicle focused on accessing the capital markets to support insurance-linked securities. The company primarily offers catastrophe bonds and other risk-transfer solutions, providing investors with unique opportunities to diversify their portfolios while addressing climate-related risks.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| LIONRE 5.21% 2025-07-16 EURLion III Re DAC | Ireland | 2025-07-16 | 5.208 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Lion III Re DAC has issued several significant catastrophe bonds, including its notable $200 million issuance in 2020, which offered investors a yield of 5.75%, outperforming many industry standards at the time. The bond featured a unique parametric trigger mechanism related to hurricane events, making it attractive to investors seeking exposure to natural catastrophe risks. In recent news, Lion III Re DAC's 2023 issuance garnered attention for its competitive yields and solid market reception, further solidifying the firm's reputation in the reinsurance sector.