CEA warns of 1.1 challenges after failure to fully renew 1.10 programme
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CEA warns of 1.1 challenges after failure to fully renew 1.10 programme

Rachel Dalton
06 December 2022
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The California Earthquake Authority (CEA) anticipates challenges in fully placing its $3.5bn 1 January-incepting reinsurance programme after it failed to secure full placement on its 1 October protection.

The CEA buys several single- and multi-year reinsurance protections staggered over a variety of renewal dates. The January-incepting programme is the largest of its syndicated coverages, while its 1 April protection of $1.4bn

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Rachel Dalton
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