Drooid Logo
Back to today’s briefing

Story perspectives

Catastrophe Bonds Surge: $150M and $100M Deals Unveiled

3/21/2025

50 4

1 of 1

Story summary
  • SageSure priced its $150 million Gateway Re 2025-2 catastrophe bond for named storm reinsurance from July 2025 to June 2028.
  • Moody’s Ratings is gathering feedback on catastrophe bonds to refine its rating methodology.
  • Tenax Capital views Florida catastrophe bonds favorably due to enhanced insurance conditions and competitive pricing.
  • Brit Limited raised $100 million in multi-peril North American catastrophe reinsurance via the Lapis Series 2025-1 bond, priced at the lower end of guidance.