Mountain Re Ltd. Series 2026-1

Spinnaker Insurance Company is now targeting lower pricing for its second catastrophe bond sponsorship, still seeking $100 million or more in US multi-peril collateralized reinsurance from a new Mountain Re Ltd. (Series 2026-1) issuance but at a reduced spread, Artemis can report.

Spinnaker Insurance Company, the personal and commercial lines program and fronting specialist, has returned to the catastrophe bond market for its second sponsorship, seeking $100 million or more in US multi-peril collateralized reinsurance from a Mountain Re Ltd. (Series 2026-1) issuance, Artemis can report.