CEA reinsurance and risk transfer contracts again to $7.99bn after further non-renewals

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Reinsurance News - Nov 29, 2024

The California Earthquake Authority’s (CEA) reinsurance and risk transfer tower has contracted by a further 6% to $7.993 billion as of November 1st, 2024, as it opted to non-renew contracts to limit the amount of capacity in excess of its minimum 1-in-350 year level as policy count and exposur...

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