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Ursa Re II Ltd. (Series 2021-1)

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CEA could upsize new Ursa Re II cat bond to $215m

23rd February 2021

The California Earthquake Authority (CEA) has lifted its target size for its first catastrophe bond transaction of 2021, now seeking up to $215 million of fully collateralized earthquake reinsurance protection with the Ursa Re II Ltd. (Series 2021-1)  issuance.

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