Shutterstock.com_2366156809/Funtap_565538908/Rrraum
3 February 2026Reinsurance

California FAIR Plan likes cat bonds for plugging tower co-pays

California's residual insurer, the California FAIR Plan, likes catastrophe bonds and could continue to leverage them or other alternative capital to patch up huge co-payment requirements in its own reinsurance tower, FAIR Plan president Victoria Roach has told lawmakers. 

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Reinsurance
25 March 2026   Prioritises long-term partners over cheap or new capital, says new head of outwards re.
Reinsurance
25 March 2026   Swiss Re to release $200m–$300m reserves, cutting 1.1–1.6pts off CoR.
Reinsurance
25 March 2026   Founder moves into life president role, retaining strategic and mentoring duties.