Appleby Bermuda Advises Citrus Re Ltd. on USD250M Catastrophe Bond Issuance
Published: 6 Apr 2026
Type: Deals
Heritage Insurance Holdings, Inc., a nationally expansive US property and casualty insurer headquartered in Florida, has benefited from favourable catastrophe bond market conditions, securing its targeted USD250 million of US named storm reinsurance from the Citrus Re Ltd. (Series 2026-1) issuance.
Primary Contact
Appleby acted as Bermuda counsel, advising Citrus Re Ltd. on all aspects of Bermuda law.
The transaction was led by Bermuda Managing Partner Brad Adderley, with support from Senior Associates Aleisha Hollis and Melinda Mayne, and Associate Milaun Perott.
