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CEA issues 2nd Embarcadero cat bond

13 February 2012

The California Earthquake Authority has issued a second $150m catastrophe bond through Embarcadero Re.

Read more: CEA California Earthquake Authority California USA North America Earthquake Cat Bond Catastrophe Bond ILS

A second tranche of $150m has been raised by the California Earthquake Authority in one of the first instances of Insurance-linked Securities (ILS) issuance of 2012.


The CEA launched the first earthquake-only cat bond without using a traditional reinsurer in August 2011, and has now moved to double its cover...


19 Nov 2014

In this week's Reactions the Review
PRA has its eye on reserving
Catlin reports GWP rise
NAIC gives Bermuda a boost
China deal helps Oz insurers

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