Embarcadero Re Ltd., the California Earthquake Authority catastrophe bond comes to market
21st July 2011The expected catastrophe bond issued to benefit the California Earthquake Authority (CEA) is now marketing as Embarcadero Re Ltd. which will bring another welcome diversification opportunity for insurance-linked security investors after a quarter of limited supply. It’s the first time that the California Earthquake Authority have been a cat bond beneficiary since the last Redwood […]
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