CEA sets final pricing of Ursa Re cat bond at $230mn
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

CEA sets final pricing of Ursa Re cat bond at $230mn

Jai Singh
11 October 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
cea califoria earthquake authority logo 2023.png

The California Earthquake Authority (CEA) has priced its Ursa Re cat bond with the final size at $230mn, at the higher end of the offering, Trading Risk understands.

Initially, the CEA sought to raise $150mn with the cat bond, which covers earthquake perils in California on an annual aggregate basis.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Catastrophe bonds Swiss Re
jai singh/jai singh ii ils.png
Jai Singh
Reporter
Contact
Gift this article