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SageSure Closes $100 Million Catastrophe Bond with Auros

Summary by Business Daily
SageSure, a major managing general underwriter focused on catastrophe-exposed markets, and its partners Auros Reciprocal Insurance Exchange and Elevate Reciprocal Exchange have announced the closure of a $100 million Gateway Re Series 2025-3 catastrophe bond. The issuance was completed in nearly half the typical timeline. This transaction contributes to SageSure's position as the seventh largest catastrophe bond sponsor globally by total notiona…

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Business Daily broke the news in Arizona, United States on Friday, July 11, 2025.
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