Reinsurance News
GeoVera Nova
SageSure and GeoVera Nova close $200mn cat bond, Meritage Re’s first issuance
22nd January 2026
SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed property in the US, and GeoVera Nova, a provider of earthquake, wind, and residential and commercial property insurance, have announced the closing of the inaugural Meritage Re Ltd. Series 2026-1 catastrophe bond at $200 million. This is the first issuance of ... Read the full article
SageSure completes acquisition of GeoVera Advantage
3rd January 2025
Managing general underwriter SageSure has closed the previously announced acquisition of GeoVera Advantage Insurance Services, LLC. The entity will now function as a newly formed MGA, including the residential earthquake risk underwriting franchise. As part of the transaction, SageSure invested in GeoVera Nova Holdings, Inc., which has acquired GeoVera Insurance ... Read the full article
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