Build America Mutual raises $150mn from new Fidus Re
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Build America Mutual raises $150mn from new Fidus Re


Build America Mutual (BAM) has raised $150mn from a new Fidus Re ILS transaction providing it with collateralised reinsurance on its municipal bond portfolio.

The issuance has been listed on the Bermuda Stock Exchange and carries AA ratings from Kroll Bond Rating Agency, BAM noted in its Q3 results announcement.


Request a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article