Vista Re Ltd. (Series 2022-1)

Vantage Risk Ltd., the still relatively young Bermuda headquartered insurance and reinsurance company, has now secured its latest Vista Re Ltd. (Series 2022-1) catastrophe bond arrangement at the targeted $65 million size, but with pricing eventually fixed roughly 15% above the initial mid-point of guidance.

The second catastrophe bond to be sponsored by relatively new insurance and reinsurance company Vantage Risk Ltd. has seen a significant increase in pricing, with the still $65 million Vista Re Ltd. (Series 2022-1) issuance seeing the mid-point of guidance rising 16% while marketing.

Vantage Risk Ltd., the insurance and reinsurance start-up launched by industry veterans Greg Hendrick and Dinos Iordanou, has returned to the catastrophe bond market in search of another slice of capital markets backed catastrophe reinsurance protection, with a $65 million or greater Vista Re Ltd. (Series 2022-1) issuance.