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Embarcadero Re Ltd. Series 2012-2

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CEA’s third, and largest, Embarcadero Re catastrophe bond in twelve months completes

1st August 2012

The California Earthquake Authority (CEA) have successfully completed their third catastrophe bond issuance in the last twelve months through the Embarcadero Re Ltd. transformer vehicle, bringing the total cat bond coverage the CEA benefits from to $600m. The latest issuance,  Embarcadero Re Ltd. (Series 2012-2), completed successfully and was rated yesterday, securing the CEA $300m […]

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