California Fair Plan set to target ~$500mn of wildfire cat bond coverage
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Catastrophe bonds

California Fair Plan set to target ~$500mn of wildfire cat bond coverage

The insurer of last resort’s exposure was $696bn as of last September.

By Liz Bury Jai Singh
October 24, 2025
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The California Fair Plan is aiming to offer a wildfire catastrophe bond to the market in Q4 and is targeting ~$500mn of limit, sources have told Insurance Insider ILS.

The

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Catastrophe bonds News Property treaty ILS managers California
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