SageSure Closes $100 Million Catastrophe Bond with Auros
3 Articles
3 Articles
SageSure closes $100 million catastrophe bond with Auros
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…
SageSure and Auros close $100m cat bond with strong investor support
SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed markets, along with its carrier partners Auros Reciprocal Insurance Exchange and Elevate Reciprocal Exchange, has closed the Gateway Re Series 2025-3 catastrophe bond at $100 million. Including this latest issuance, the SageSure-supported Gateway Re series now exceeds $2.1 billion in cumulative notional limit, securing SageSure’s position as the seventh largest catastr…
Coverage Details
Bias Distribution
- 100% of the sources lean Right
To view factuality data please Upgrade to Premium