American Integrity cat bond losses from Floridian insurer expected to reach $169mn
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American Integrity cat bond losses from Floridian insurer expected to reach $169mn

The notes were further marked down after a year-end Ian loss update.

By Jai Singh
February 26, 2024
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American Integrity’s $150mn Integrity Re 2020-1 cat bond is now expected to be a full loss, up from an expected loss of closer to $64mn in late 2023, after it hiked Hurricane Ian claims estimates in December.

The

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Topics

News Claims and losses Catastrophe bonds Hurricane
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