SafePort and SageSure close $125m Gateway Re II debut cat bond

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Reinsurance News - May 02, 2023

SafePort Insurance Company and SageSure have successfully closed on a $125 million Gateway Re II catastrophe bond, exceeding the initial target by 25% with pricing at the bottom end of initial guidance. “This newly formed cat bond program enables SafePort to meet the rising market demand for h...

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