The California Earthquake Authority (CEA) anticipates spending over $500mn this year to purchase more than $9bn in risk transfer capacity, with the target limit lifting from the figure of $8.1bn
CEA to spend $500mn+ on risk transfer in 2023

The California Earthquake Authority (CEA) anticipates spending over $500mn this year to purchase more than $9bn in risk transfer capacity, with the target limit lifting from the figure of $8.1bn