"I'm not sure if I'd call it brave in Owain's case.."

Okay, that's not entirely true. Inigo does think his cousin is an incredibly brave guy, perhaps even braver than Inigo himself is. But he can't say that out loud so directly, not even with Owain not even being close to being present here.

"But he's a good guy when it comes down to it. I'm sure he would have been super happy to meet you, had he been here."