
Riverfront Re Ltd, founded in 2015 and based in Bermuda, specializes in the reinsurance sector, aiming to provide comprehensive risk management solutions to insurers and other entities. The company offers a wide array of reinsurance products, including property, casualty, and specialty lines tailored to meet the needs of its clients.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
RVRFRT 8.23% 2025-01-07 USDRiverfront Re Ltd | Bermuda | 2025-01-07 | 8.233 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Riverfront Re Ltd has actively engaged in the bond market, launching its first bond issuance in 2017. Notably, the company issued a $200 million bond in 2020, which garnered attention for its favorable yield of 4%, outperforming the average yield in the reinsurance industry. Riverfront Re's bonds feature a unique callable element, allowing them to be redeemed prior to maturity under specific conditions, a strategy that reflects their proactive approach to capital management. In 2023, the company announced plans to issue additional bonds to support growth initiatives, signaling confidence in their financial stability amidst market fluctuations.