CEA slightly lifts risk transfer tower after $306m June renewal

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Reinsurance News - Aug 21, 2024

The California Earthquake Authority (CEA) purchased $306 million of new reinsurance limit at its June 1st renewal, taking the entity’s total reinsurance and risk transfer tower to approximately $9.15 billion. At the end of 2023, the CEA had $9.1 billion of protection in-force from its reinsura...

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