catastrophe bonds 2024 News

Catastrophe Bond Investors Brace for Major Losses as Milton Rages

Investors in catastrophe bonds are girding themselves for substantial losses as the combined destructive force of Hurricanes Helene and Milton looks set to trigger payment clauses on a scale not seen in years. Two weeks after Helene unleashed severe floods …

SageSure Secures $60M Cat Bond Ahead of Busy Hurricane Season

SageSure, a managing general agent specializing in catastrophe-exposed markets in the Southeast and other states, along with its affiliated Anchor Re captive reinsurer and SURE reciprocal, announced they have secured a $60 million catastrophe bond, three months after SageSure closed …