Ursa Re Ltd. Series 2015-1

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Ursa Re 2015-1 cat bond grows to $250m, prices at top-end

The California Earthquake Authority's latest visit to the catastrophe bond market for the issuance of Ursa Re Ltd. (Series 2015-1), has been well-received by investors, with the cat bond set to grow in size by two-thirds to $250m, while the pricing has settled at the top-end of guidance.The CEA's latest read the full article →

Ursa Re 2015-1 cat bond sponsored by California Earthquake Authority

The California Earthquake Authority is back in the catastrophe bond market, seeking at least $150m of fully collateralized, capital market-backed reinsurance protection, with the issuance of Ursa Re Ltd. (Series 2015-1).The Ursa Re 2015-1 cat bond will be the California Earthquake Authority's second under the Ursa special purpose insurer, after read the full article →