American Integrity seeks $100mn of Florida named storm cat bond coverage
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American Integrity seeks $100mn of Florida named storm cat bond coverage

Liz Bury
March 06, 2023
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American Integrity is seeking $100mn of Class A named storm coverage for Florida with its latest Integrity Re bond, this publication understands.

The coverage is indemnity, per occurrence.

The pricing guidance on the bond is 1,100-1,200 basis points (bps), which gives a mid-point multiplier of 6.9x

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