The California Earthquake Authority (CEA) is a publicly managed, privately funded, not-for-profit insurer in the state of California that, since 1996, has offered residential property earthquake insurance policies to homeowners insurance customers of its participating insurers.
The California Earthquake Authority (CEA) buys a significant reinsurance tower and utilises billions of dollars of earthquake catastrophe bonds within that tower, as diversified, capital markets backed protection.
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The California Earthquake Authority (CEA), the publicly managed organisation that provides residential earthquake insurance to Californian residents, held its latest governing board meeting on the 30th June. At the meeting, one of the agenda items was to continue discussions and seek approval to move forwards with plans to transfer a portion of their risks to […]
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The California Earthquake Authority (CEA), the publicly managed organisation that provides residential earthquake insurance to Californian residents, is again looking to return to the catastrophe bond markets to transfer a portion of its earthquake risks to the capital markets. The CEA has in the past issued a number of catastrophe bonds through the Redwood Capital […]
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