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Catastrophe Bond Secured for Reinsurance
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Overview
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SageSure and SURE finalize a $250m catastrophe bond to provide reinsurance protection for multiple states. Key executives stress the importance of underwriting support and capital markets in the process.
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How do catastrophe bonds like this one impact the overall risk management strategies of insurance companies?
In what ways might the involvement of capital markets influence the terms and conditions of reinsurance agreements?
What specific criteria are considered by underwriting partners when engaging in reinsurance programs?
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