Vintage Tone/shutterstock.com_1151323274
20 August 2024Reinsurance

CEA adds limit at minor mid-year reinsurance renewals, takes $306m

The California Earthquake Authority (CEA), billing itself as the United State’s single largest reinsurance buyer, topped up its reinsurance tower with $305.5 million in in treaty limit at the mid-year renewals, above expiring limit. 

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 Week 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
1 November 2026   MS Re’s Lisa Butera explains why mounting secondary perils and urban sprawl mean buyers must restructure retentions rather than simply taking cheaper rates.
Reinsurance
1 November 2026   Limits discipline and changing claims practices are informing reinsurers’ assessments of North American casualty portfolios, says Emily Apostolides, head of casualty, North America, at Gallagher Re.
Reinsurance
1 November 2026   Expanding reinsurance capacity is giving US buyers greater leverage to demand flexible treaty terms. DEVK Re CUO Cliff Falkenhagen explains why such times demand greater underwriting discipline.