CEA’s Ursa Re 2017-2 still $400m, pricing fixed with little uplift
20th November 2017The latest catastrophe bond from the California Earthquake Authority (CEA), the Ursa Re Ltd. (Series 2017-2) transaction, has so far not increased in size, still targeting $400 million of collateralized quake reinsurance, but the price guidance has now been fixed at levels which show very little in the way of uplift.
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