CEA upsizes Ursa Re deal by around 56% to $575mn-$675mn
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

CEA upsizes Ursa Re deal by around 56% to $575mn-$675mn

Liz Bury
30 November 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
cea califoria earthquake authority logo 2023.png

The California Earthquake Authority (CEA) has increased the target limit on its latest Ursa Re catastrophe bond deal by around 56% to $575mn-$675mn across the Class AA and Class D notes, this publication understands.

The bond is CEA’s third Ursa Re deal this year and is seeking California quake coverage over three years on an indemnity, annual aggregate basis.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsCatastrophe bonds
Headshot template (new) (1).png
Liz Bury
Editor
Contact
Gift this article