c/o Marsh Management Services (Dublin) Limited, 4th Floor, 25-28 Adelaide Road, Dublin 2, Ireland

Listed Since: 2011/10/20
Delisted on: 2015/11/19
CUSIP: 74824HAA9
Tel: + 353(1) 605 3000
Fax: + 353(1) 606 3010
Email: stephen.hodgins@marsh.com

 

Description:

Issuance of $100,000,000 Principal At-Risk Variable Rate Notes due April 9, 2015 which are exposed to the peril of hurricane and European windstorms on an aggregate basis over the risk period; (“the Notes ”) . The Notes will be issued in United States currency, in minimum denominations of $250,000 and integral multiples of $1000 thereof.

Purpose:

The purpose of the issuance of the Notes (the

“Offering”) is to collateralize and fund the obligations of the Issuer under a risk transfer contract to make certain risk transfer payments to the counterparty following the occurrence of one or more Hurricanes in specifically covered areas and/or the occurrence of one or more European Windstorms in specifically covered areas (together “Loss Events”). The Risk Transfer Counterparty is Münchener Rückversicherungs- Gesellschaft Aktiengesellschaft in München (“Munich Re”).

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