Eclipse Re Ltd., a private syndicated collateralised reinsurance note, private catastrophe bond issuance and reinsurance transformer platform owned and operated by Artex Capital Solutions, has completed the issuance of two private cat bond arrangements totalling almost $18.8 million of risk capital issued.
These are the first issuances of private catastrophe bond notes through the Eclipse Re Ltd. platform so far in 2023.
Eclipse Re Ltd. is a Bermuda domiciled special purpose insurer (SPI) and segregated account company.