SageSure and SureChoice Underwriters Reciprocal Exchange (“SURE”) today announced that SURE, a coastal property reciprocal insurer whose policies are exclusively available through SageSure, has successfully closed a $150 million private placement catastrophe bond transaction. SURE entered into a three-year reinsurance arrangement with Gateway Re Ltd., a newly established Bermuda special purpose insurer, which will provide… Continue reading SageSure and SURE Close Debut $150 Million Multi-Year Catastrophe Bond
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