CEA targets $200m of quake reinsurance with Ursa Re 2025-1 catastrophe bond
The California Earthquake Authority (CEA) has returned to the catastrophe bond market to sponsor its first issuance since late 2023, seeking $200 million or more in multi-year collateralized California earthquake reinsurance protection from the capital markets through this Ursa Re Ltd. (Series 2025-1) issuance. The CEA last sponsored a catastrophe bond in December 2023 and in that […]
ILS market remains attractive and should deliver strong returns in 2025: Cambridge Associates
According to Joseph Tolen, Senior Investment Director in the Credit Investment Group at Cambridge Associates, the insurance-linked securities (ILS) market “continues to be attractive and should deliver strong returns in 2025.” In a recent report for Cambridge Associates, Tolen wrote that, “demand for additional catastrophe coverage from insurers has kept the market firm, which has […]
