CEA targets $250mn of limit with latest Ursa Re bond
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CEA targets $250mn of limit with latest Ursa Re bond

The bond is offering a spread range of 850-925bps.

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The California Earthquake Authority (CEA) is seeking $250mn of limit with its latest Ursa Re II cat bond.

The bond will provide quake protection in California on an indemnity, annual aggregate basis.

The

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