CEA mulls state-backed reinsurer as growth poses rate hike dilemma
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • X
  • LinkedIn
  • Email
  • Print
  • Free trial
  • Log in

CEA mulls state-backed reinsurer as growth poses rate hike dilemma

Liz Bury
17 September 2021
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • X
  • LinkedIn
  • Email
  • Print
cracked road concrete close up

The California Earthquake Authority (CEA) will consider establishing a government-backed reinsurance vehicle among a set of options to shore up its financial future as the body nears its 25th anniversary, having experienced significant growth in past years.

The proposal was discussed by the organisation’s board at a meeting yesterday and work on the idea will now continue.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Reinsurers Rates
Headshot template (new) (2).png
Liz Bury
Editor, Insurance Insider ILS
Contact
Gift this article