Armor Re Ltd. isa Bermuda exempted company incorporated on 3 April 2013 with registration number 47569 having its registered office address at Cumberland House, 6^th Floor, 1 Victoria Street, Hamilton, Bermuda. The Issuer registered as a Special Purpose Insurer on 8 May 2013.

The $200 Million Series 2014-1 Class A Principal At-Risk Variable Rate Notes due 15 December 2016 (“2014-1 Notes Series”). The Notes are exposed to the peril of Named Storm on a per occurrence basis during the Risk Period.

The Notes will be issued in United States currency, and in minimum denominations of $250,000 and integral multiples of $1,000 in excess thereof.