Inigo Insurance, the London headquartered and Lloyd’s market focused specialty insurance and reinsurance underwriter, is now targeting an upsize for its Montoya Re Ltd. (Series 2022-1) multi-peril catastrophe bond, which we’re told could grow to provide as much as $115 million in reinsurance for the company.
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According to Artemis’ sources, the price guidance has been raised for the first catastrophe bond to be sponsored by Inigo Insurance, the London headquartered and Lloyd’s market focused specialty insurance and reinsurance underwriter.
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Inigo Insurance, the London headquartered and Lloyd’s market focused specialty insurance and reinsurance underwriter, has entered the catastrophe bond market for the first time, seeking $105 million or more in coverage from a Montoya Re Ltd. (Series 2022-1) issuance.
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