Residential Reinsurance 2023 Limited, founded in 2023 and headquartered in London, is a dedicated reinsurance provider focused on the residential insurance market. The company aims to bolster insurance firms against risks associated with homeownership, offering specialized reinsurance solutions tailored to this sector.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| RESID 11.11% 2027-12-06 USDResidential Reinsurance 2023 Limited | Cayman Islands | 2027-12-06 | 11.113 | 10.68 |
| RESID 11.86% 2027-06-06 USDResidential Reinsurance 2023 Limited | Cayman Islands | 2027-06-06 | 11.863 | 12.00 |
| RESID 13.86% 2027-12-06 USDResidential Reinsurance 2023 Limited | Cayman Islands | 2027-12-06 | 13.863 | 10.63 |
| RESID 15.86% 2027-06-06 USDResidential Reinsurance 2023 Limited | Cayman Islands | 2027-06-06 | 15.863 | 11.95 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Residential Reinsurance 2023 Limited has established a notable presence in the bond market, beginning its bond issuances shortly after launch. The firm successfully issued a €200 million bond in 2024, aimed at supporting its capital requirements and expanding its reinsurance capacity. With current yields around 3.5%, the company's bonds are competitive within the industry, highlighted by a unique feature of callable options after five years, allowing for flexibility in financial management. Recent developments have garnered attention, particularly following a strategic partnership that is expected to enhance credit ratings and investor confidence.