CEA’s risk transfer and reinsurance program contracts to $8.5bn after non-renewals

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Reinsurance News - Nov 11, 2024

The size of the California Earthquake Authority’s (CEA) reinsurance and risk transfer program has contracted by 7% to $8.5 billion after the entity opted against renewing $648.5 million of traditional reinsurance protection that expired at the end of July 2024. As reported by Artemis, our insu...

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