Founding CIRCA members include Greenlight Re and Barents Re, as well as Knighthead and Nassau Re, whose senior executives take chair and vice chair roles.
A more diverse investor base is supplanting continued cutbacks from some ILS players, although Stone Ridge's participations are holding more stable than in prior years.
Collaboration with HERE would help the business develop predictive analysis and address problems with source data, according to Agile underwriting director Richard Foster.
The utility will draw down $843mn of its own insurance to help meet settlement costs related to the Thomas and Koenigstein fires, and the 2018 Montecito mudslides.
Major reinsurance carriers like Munich Re, Hannover Re and MS Amlin are significant providers to some of the state's regional carriers, analysis suggests.
Lloyd's is conscious of the need to balance attracting ILS capital with controlling catastrophe exposures, the Corporation's CFO Burkhard Keese told this publication.