CEA expects $30mn reinsurance cost cut in 2019
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CEA expects $30mn reinsurance cost cut in 2019

Laura Sanicola
20 March 2019
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golden-gate-bridge-california.jpg

The California Earthquake Authority (CEA) expects to save $30mn in reinsurance costs this year with the passage of AB2927, which would change California law to allow the CEA to access nearly $1bn in additional capital to stabilise rates and growth.

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