
Severn Reinsurance Securities Holding BV, established in 2014 and headquartered in Amsterdam, serves as a specialized entity within the reinsurance industry, primarily focused on providing reinsurance solutions to mitigate risks. The company is recognized for its extensive range of insurance-linked securities and structured finance products that cater to both institutional investors and retail clientele.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
SEVERN 3.00% 2040-01-24 EURSevern Reinsurance Securities Holding BV | Netherlands | 2040-01-24 | 3.000 | 3.07 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Severn Reinsurance began issuing bonds in 2015, increasing its presence in the capital markets with notable transactions such as a €250 million issuance in 2020, which was aimed at enhancing its liquidity position amid challenging market conditions. As of October 2023, current yields on its bonds are reported at 4.5%, aligning closely with industry averages for similar securities while benefitting from features like periodic call options and inflation-linked adjustments. In recent news, the company secured a strategic partnership with several major reinsurers, further bolstering its credibility and investment appeal in the reinsurance space.