CEA upsizes Ursa Re cat bond offering to $200mn-230mn
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CEA upsizes Ursa Re cat bond offering to $200mn-230mn

road damaged by earthquake getty.jpg

The California Earthquake Authority (CEA) has upsized its latest Ursa Re cat bond offering by around 43% to $200mn-230mn.

Initially, the CEA was seeking to raise $150mn, covering earthquake perils in the state of California on an annual aggregate basis.

The

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