CEA could shrink reinsurance program after struggling to secure cover

Share!

Reinsurance News - Dec 06, 2022

The California Earthquake Authority (CEA), one of the world’s largest insurers of residential earthquake cover, has warned that it will likely be forced to reduce its reinsurance program in the near future, after struggling to secure ample capacity at renewals this year. In a board meeting thi...

Read Full Article

Recommended Articles

M&A activity could reduce cyber market capacity: Marsh’s Konyar

Posted: Nov 28, 2025

Recent mergers and acquisitions (M&A) among major re/insurers are creating “seeds of concern” fo...

NFP names Gillingham Head of Commercial Risk, Mahoney Head of Programs

Posted: Nov 28, 2025

NFP, an Aon company and prominent provider of property and casualty (P&C) brokerage and benefits...

Silent AI risks drive product development and reinsurance review: DAC Beachcroft

Posted: Nov 28, 2025

The risk of silent AI is prompting insurers to update policy wordings, innovate products, limit risk...