Fidelis Sponsored Socium Re Ltd. Issues Preference Shares

Transaction Overview

Socium Re Ltd. is a special purpose Bermuda-domiciled segregated accounts company

  • Formed by Fidelis in 2018 to allow investors to efficiently access risk originated by Fidelis

Fidelis is a leading specialty, bespoke and (re)insurance business:

  • Based in Bermuda with offices in London, Dublin and Bermuda
  • Operates across four main business pillars
    • Reinsurance / Retro
    • Bespoke
    • Specialty
    • Partnership / Fee income

TigerRisk Capital Markets & Advisory Role

TCMA acted as exclusive structuring and placement agent to Fidelis

  • Provided advice through a challenging fundraising environment for capital raising
  • Supported the proprietary product design Fidelis developed
  • Identified institutional investors
  • Key transaction steps led by TigerRisk included:
    • Providing valuable insight around key transaction terms and conditions
    • Marketing the proprietary product with various capital markets investors
    • Negotiating transaction documents and handling due diligence processes