Perennial ILS issuer the California Earthquake Authority (CEA) has not renewed its $650mn specific cat bond layer with Swiss Re Capital Markets (SRCM) at its 2010 reinsurance renewal, Trading Risk can reveal.
Perennial ILS issuer the California Earthquake Authority (CEA) has not renewed its $650mn specific cat bond layer with Swiss Re Capital Markets (SRCM) at its 2010 reinsurance renewal, Trading Risk can reveal.