Swiss Re Capital Markets places $ 775 million in Cat bonds for the California Earthquake Authority – Insurance Journal

Swiss Re Capital Markets places $ 775 million in Cat bonds for the California Earthquake Authority – Insurance Journal

Swiss Re Capital Markets has structured and successfully placed the issue of USD 775 million of insurance related securities by Ursa Re II Ltd. to be used for the protection of the California Earthquake Authority. The CEA reports more than one million insured in California. Policyholders include homeowners, mobile home owners, condo owners and tenants. […]

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