The California Earthquake Authority (CEA) achieved a 19 percent saving on the renewal of its April reinsurance placement.
The authority renewed $625mn of one-year cover running from 1 April to 31 March at a rate-on-line of 3 percent.
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The California Earthquake Authority (CEA) achieved a 19 percent saving on the renewal of its April reinsurance placement.
The authority renewed $625mn of one-year cover running from 1 April to 31 March at a rate-on-line of 3 percent.