MGU SageSure secures $50mn credit facility

29 March 2023

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MGU SageSure has secured a $50mn revolving credit facility with Wintrust Financial to increase underwriting capacity in its cat-exposed markets.

“Despite challenging market conditions, SageSure has maintained a track record of responsible growth that benefits our producers, carrier partners, and policyholders,” said CEO Terrence McLean.

“We

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MGU SageSure secures $50mn credit facility

MGU SageSure has secured a $50mn revolving credit facility with Wintrust Financial to increase underwriting capacity in its cat-exposed markets.

Fuel a smarter strategy with our actionable market intelligence

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MGU SageSure secures $50mn credit facility

MGU SageSure has secured a $50mn revolving credit facility with Wintrust Financial to increase underwriting capacity in its cat-exposed markets.

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM