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catastrophe exposures News

SageSure and SURE Close $130 Million Gateway Re 2024-2 Catastrophe Bond

SageSure, a managing general underwriter focused on catastrophe-exposed markets, and SureChoice Underwriters Reciprocal Exchange (“SURE”), a policyholder-owned reciprocal exchange, announced the close of the Gateway Re 2024-2 second and subsequent event catastrophe bond at $130 million, with pricing 75 basis …

5th Annual National Tornado Summit Turning into an International Event

With registered attendees from as far away as Nepal and as nearby as Canada, the 2016 National Tornado Summit to be held next week in Oklahoma City has become an international event. The Oklahoma Department of Å˽ðÁ«´«Ã½Ó³»­, one of the …

A.M. Best: Sanctions Removal to Attract Re/Insurers to Iranian Market

The lifting of trade restrictions placed on Iran may present significant opportunities for the Middle East and North African (MENA) re/insurance market, with European participants also expected to re-engage and seek a foothold in the country, according to research published …

S&P Report Warns Reinsurers Not to Ignore Global Impact of Climate Change

Standard & Poor’s Ratings Services has announced the publication of its annual “Global Reinsurance Highlights” to coincide with the 2014 Reinsurance Rendezvous in September. S&P said the forthcoming report “will provide a detailed perspective on the market, focusing on the …