Oil Casualty Insurance Limited, founded in 1986 and headquartered in Hamilton, Bermuda, specializes in providing insurance coverage for the oil and gas industry. The company is dedicated to offering financial protection against various operational risks through its tailored liability and environmental policies.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| OILCAS 8.00% 2034-09-15 USDOil Casualty Insurance Limited | Bermuda | 2034-09-15 | 8.000 | 5.65 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Oil Casualty Insurance Limited has actively participated in the bond market, issuing its first bonds in 2002 to support its capital requirements. Notable issuances include a $250 million offering in 2015 that aimed to strengthen its balance sheet and expand underwriting capacity. Currently, the company's bonds yield approximately 5.2%, positioning them competitively within the insurance sector. Their bonds feature a unique callable structure, providing flexibility for early redemption, which aligns with the company's strategic initiatives. Recent reports indicate a strong demand for their bonds, reflecting investor confidence in their stability and ongoing growth potential.