SageSure has now secured its latest catastrophe bond, pricing the transaction to provide it with $670 million of broad multi-peril reinsurance which makes the new Gateway Re Ltd. (Series 2026-1) issuance the largest in the Gateway series of deals so far, Artemis has learned.
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SageSure has adjusted the size target for its latest catastrophe bond with now between $645 million and $690 million of broad multi-peril reinsurance sought from the Gateway Re Ltd. (Series 2026-1) issuance, putting it still on track to become the largest in the Gateway series of deals so far, Artemis can report.
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SageSure, the fast-growing catastrophe-exposed property specialist MGU, is back in the catastrophe bond market initially seeking $765 million of broad multi-peril reinsurance from a Gateway Re Ltd. (Series 2026-1) issuance that could become the largest in the series of deals so far, Artemis has learned.
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