The California Earthquake Authority’s (CEA) reinsurance program has reached a new record high in terms of size at nearly $9.6 billion, which is up almost $1 billion since the January renewals.
Read the full article
The health of the insurance-linked securities (ILS) market and the commitment of its investors to providing efficient and fully collateralized reinsurance capacity were displayed by the successful upsizing and completion of the California Earthquake Authority’s (CEA) latest catastrophe bond, according to Swiss Re Capital Markets.
Read the full article
The California Earthquake Authority (CEA) has elected to significantly upsize its latest catastrophe bond issue we can report, with its new Ursa Re II Ltd. (Series 2020-1) transaction now priced at $775 million in size, more than three times the initial amount of notes offered to investors.
Read the full article
The California Earthquake Authority (CEA) is back once again in the catastrophe bond market with the second issuance it has sponsored so far this year, seeking a $250 million or larger source of collateralised earthquake reinsurance from this Ursa Re II Ltd. (Series 2020-1) deal.
Read the full article
