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

US wildfires & SCS push global insured losses to at least $100bn in H1’25: Aon

Posted: Jul 15, 2025

Global insured losses from catastrophe events in the first half of 2025 increased to at least $100 b...

Moody’s Ratings assigns Marco Re with A3 IFSR and stable outlook

Posted: Jul 15, 2025

Credit ratings agency Moody’s Ratings has assigned an A3 insurance financial strength rating (IFSR)...

Mitigation measures can reduce malware risk by 50%–80%: CyberCube & Munich Re

Posted: Jul 15, 2025

Patch management, network segmentation, and data backups can reduce the likelihood and financial imp...