Integrity Re Ltd. (Series 2018-1)

The new Integrity Re Ltd. (Series 2018-1) catastrophe bond transaction, which is being sponsored by Florida headquartered primary insurer American Integrity Insurance Company of Florida, Inc., has shrunk slightly while marketing, we understand, as the riskier tranche of notes was reduced in size.

Florida headquartered primary insurer American Integrity Insurance Company of Florida, Inc. has returned to the catastrophe bond market with an $85 million Integrity Re Ltd. (Series 2018-1) deal, which sees Hannover Re acting as ceding reinsurance company again to help the insurer access the investor base.