Montoya Re Ltd Series 2024-1

For Inigo, the London headquartered specialty insurance and reinsurance underwriter, the completion of its new and now third catastrophe bond, the recent $100 million Montoya Re Ltd. (Series 2024-1) transaction, is a further signal of the central role the multi-year cat bond program now occupies in its financial strategy.

Inigo, the London headquartered specialty insurance and reinsurance underwriter, has now secured its new catastrophe bond to provide it the targeted $100 million of protection, as the Montoya Re Ltd. (Series 2024-1) cat bond notes have now been priced 9% below the mid-point of initial guidance.

London headquartered specialty insurance and reinsurance underwriter Inigo is now seeking lower pricing for its latest catastrophe bond, with the price guidance for the $100 million of Montoya Re Ltd. (Series 2024-1) cat bond notes now updated to below the initial guidance range.

London headquartered specialty insurance and reinsurance underwriter Inigo has returned to the catastrophe bond market for its third time, seeking $100 million or more in aggregate retro reinsurance protection from a Montoya Re Ltd. (Series 2024-1) deal.