CEA launches $200mn-$250mn Ursa Re cat bond
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CEA launches $200mn-$250mn Ursa Re cat bond

Sofia Geraghty
21 August 2018
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earthquake-generic-photo-from-us-geological-survey-credit-sd-ellen-taken-1989-watsonville-calif.jpeg

The California Earthquake Authority (CEA) is targeting $200mn-$250mn from a new Ursa Re cat bond, Trading Risk understands.

The organisation is offering an initial spread of 490-540 basis points (bps) on the deal, which will provide annual aggregate indemnity cover...

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Sofia Geraghty
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