SageSure has reached a major achievement in the catastrophe bond market with its largest issuance yet, securing $520 million in reinsurance protection against U.S. named storms via Gateway Re Ltd. (Series 2025-1). Priced at the lower end of expectations, this includes multiple tranches, with the Class AAA notes at 4.25%, reflecting positive market sentiment amid a strategic push to enhance reinsurance capacity. Source and details of the news
