{"id":6257,"date":"2026-06-04T10:00:40","date_gmt":"2026-06-04T10:00:40","guid":{"rendered":"http:\/\/xinetica.com\/?p=6257"},"modified":"2026-06-04T14:28:23","modified_gmt":"2026-06-04T14:28:23","slug":"ceas-risk-transfer-reaches-8-2bn-driven-by-increase-in-traditional-reinsurance","status":"publish","type":"post","link":"http:\/\/xinetica.com\/index.php\/2026\/06\/04\/ceas-risk-transfer-reaches-8-2bn-driven-by-increase-in-traditional-reinsurance\/","title":{"rendered":"CEA\u2019s risk transfer reaches $8.2bn driven by increase in traditional reinsurance"},"content":{"rendered":"

The California Earthquake Authority (CEA) has increased its total risk transfer limit from $7.912 billion at year-end 2025<\/a> to $8.214 billion as of 30th April 2026, driven solely by an increase in traditional reinsurance limit from $5.037 billion to approximately $5.34 billion during the first four months of 2026.<\/p>\n

\"CaliforniaAs of the end of April 2026, the CEA’s total risk transfer programme included $2.875 billion of in-force catastrophe bond protection, the same figure at year-end 2025.<\/p>\n

Year over year, the total risk transfer limit increased 5.3% from $7.797 billion as of 30th April 2025<\/a> to $8.214 billion.<\/p>\n

The CEA also reported that in-force exposure had risen to more than $656.3 billion by the end of April 2026, up 1.8% from $644.4 billion in the same period a year earlier.<\/p>\n

This exposure growth has driven a need for more financing at 30th April 2026, as reflected in the increase in traditional reinsurance limit.<\/p>\n

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\"Pelagos<\/a><\/div>\n<\/div>\n

In addition, the CEA has successfully priced and secured its upsized target of $425 million<\/a> of fully-collateralized earthquake reinsurance protection from its new Sutter Re Ltd. (Series 2026-1) catastrophe bond sponsorship.<\/p>\n

With $425 million of catastrophe bond protection set to mature on 13th June 2026, the latest issuance effectively replaces this, leaving total in-force catastrophe bond protection unchanged.<\/p>\n

To read more information about the Sutter Re Series 2026-1 cat bond issuance<\/a>, or other transactions, visit our sister publication Artemis\u2019 Deal Directory<\/a>.<\/p>\n

Through the rest of the year, the CEA has numerous traditional reinsurance contracts due to expire as well as $880 million in cat bond maturities at the end of November, so it will be interesting to see how the mix of traditional reinsurance limit and cat bond protection evolves for the insurer amid softer reinsurance pricing.<\/p>\n

The post CEA’s risk transfer reaches $8.2bn driven by increase in traditional reinsurance<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The California Earthquake Authority (CEA) has increased its total risk transfer limit from $7.912 billion at year-end 2025 to $8.214 […]<\/p>\n","protected":false},"author":1,"featured_media":6259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[],"_links":{"self":[{"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/posts\/6257"}],"collection":[{"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/comments?post=6257"}],"version-history":[{"count":3,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/posts\/6257\/revisions"}],"predecessor-version":[{"id":6261,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/posts\/6257\/revisions\/6261"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/media\/6259"}],"wp:attachment":[{"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/media?parent=6257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/categories?post=6257"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/xinetica.com\/index.php\/wp-json\/wp\/v2\/tags?post=6257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}