CEA now seeking to double Ursa Re 2025-1 cat bond size to $400m – Go Health Pro
Artemis has learned that the California Earthquake Authority (CEA) has now increased the target size for its latest catastrophe bond for a second time, lifting its initial Ursa Re Ltd. (Series 2025-1) offering by 100% to provide $400 million in multi-year collateralized California earthquake reinsurance protection, while the price guidance remains fixed at 7.5%.The CEA … Read more