SURE working on $500mn placement as 1.4 cat renewals run late

SureChoice Underwriters Reciprocal Exchange (SURE) is placing a $150mn US named storm cat bond inuring to traditional limit in a proposed $500mn cat program that is split between 1.4 and 1.7 against the backdrop of a late-running 1 April renewal season as many cedants face a capacity crunch for low-attaching layers, The Insurer understands.


Want to read this article?


For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

    Andy Stone

    Sales manager

    +44 (0) 7834 843176