Embarcadero Re Ltd.


Catastrophe bonds 20% of CEA’s risk transfer, more possible in 2015

Catastrophe bonds now contribute more than 20% of the California Earthquake Authority's risk transfer and reinsurance coverage and there will likely be more to come as the organisation looks to leverage its transformers again in 2015.The California Earthquake Authority (CEA), a not-for-profit, publicly managed-privately funded, provider of homeowner and renters read the full article →

Cat bonds help California Earthquake Authority to offer rate reduction

The California Earthquake Authority (CEA), the publicly managed residential earthquake insurance provider, is proposing to reduce homeowners rates, as savings made due to catastrophe bonds and lower-cost reinsurance flow through to consumers.The CEA has sponsored a number of catastrophe bonds in recent years, including 2011's Embarcadero Re Ltd. (Series 2011-1) read the full article →

CEA upped traditional reinsurance, reduced collateralized, at renewals

With the recent focus across the reinsurance market on alternative capital, insurance-linked securities and collateralized reinsurance, it's interesting to discover that the California Earthquake Authority (CEA) has slightly reduced its use of fully-collateralized protection at recent renewals.The California Earthquake Authority (CEA) has one of the largest reinsurance programs in the read the full article →

CEA’s Embarcadero Re 2012-1 completes and notes list in Bermuda

The second California Earthquake Authority catastrophe bond to be issued through the dedicated Bermuda domiciled Embarcadero Re Ltd. SPV has completed successfully and the notes issued have been listed on the Bermuda Stock Exchange. The CEA returned to the cat bond market seeking another fully collateralized, multi-year tranche of reinsurance read the full article →