Softening traditional reinsurance rates kept the California Earthquake Authority (CEA) out of the cat bond market in 2013, the company's chief financial officer Tim Richison said at the Trading Risk Sifma roundtable.
Softening traditional reinsurance rates kept the California Earthquake Authority (CEA) out of the cat bond market in 2013, the company's chief financial officer Tim Richison said at the Trading Risk Sifma roundtable.