Swiss Re issues $ 775 million CAT bond, largest of 2020, to California Earthquake Authority – PropertyCasualty360

(Photo: Shutterstock) Swiss Re Capital Markets announced this week that it has structured and placed a catastrophe bond of $ 775 million, the largest issue of 2020, to be used for the protection of the California Earthquake Authority (CEA). Ursa Re II Ltd’s Insurance Linked Securities Surety (ILS) is also the largest processor structure in […]

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