Integrity Re Ltd. (Series 2023-1)

American Integrity Insurance Company of Florida, Inc. has secured its targeted 50% upsize for the Integrity Re Ltd. (Series 2023-1) catastrophe bond issuance, now ensuring the company benefits from $150 million of collateralized Florida named storm reinsurance with the transaction.

American Integrity Insurance Company of Florida, Inc. has now lifted its target for the Integrity Re Ltd. (Series 2023-1) catastrophe bond issuance, with a potential 50% upsizing now sought, as the company aims for $150 million of collateralized Florida named storm reinsurance with this deal.

American Integrity Insurance Company of Florida, Inc. continues to pursue a new catastrophe bond and the $100 million target for the Integrity Re Ltd. (Series 2023-1) issuance hasn’t changed, but we’re told the price guidance has been narrowed and shifted higher, while terms related to the bond reset mechanism have been clarified.

American Integrity Insurance Company of Florida, Inc. is back in the catastrophe bond market seeking $100 million or more in collateralized Florida named storm reinsurance with an Integrity Re Ltd. (Series 2023-1) issuance.