CEA trims April renewals to just one just treaty, ups limit to $1.2bn

The California Earthquake Authority (CEA), which has billed itself as the world’s largest buyer of reinsurance, consolidated reinsurance treaties and lightly increased limit at the April 1 renewal exercise, possibly to cover for pending cat bond or mid-year treaty maturities.

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CEA trims April renewals to just one just treaty, ups limit to $1.2bn

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