SageSure and SURE upsize cat bond by 67% to $250mn

Expansive MGU SageSure and its SureChoice Underwriters Reciprocal Exchange (SURE) have closed their latest cat bond at $250mn, with the Gateway Re 2024-1 issuance upsized by 67 percent from the midpoint of its initial $100mn-$200mn target range.

 

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