Black Kite Re Limited, founded in 2019 and located in the Cayman Islands, operates as a reinsurance company specializing in providing innovative risk transfer solutions to the global insurance market. The company focuses on alternative reinsurance strategies, leveraging its expertise in data analytics and risk modeling to enhance client offerings.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BLAKIT 11.68% 2025-06-06 USDBlack Kite Re Limited | Hong Kong | 2025-06-06 | 11.681 | 7.92 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Black Kite Re Limited has issued several significant bonds, with its first major issuance occurring in 2020, aimed at diversifying its capital structure. Notably, in 2022, the company launched a series of catastrophe bonds that allowed it to raise $250 million, while providing a yield of 6.5%, outperforming the average in the reinsurance industry. The bonds were designed to cover natural disaster risks, reflecting Black Kite's commitment to strengthening its financial resilience and providing vital support during unprecedented events.