Allianz targets EUR250mn of European wind cat bond coverage
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Allianz targets EUR250mn of European wind cat bond coverage

Liz Bury
17 November 2023
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Allianz has offered a new cat bond, Blue Sky Re, targeting EUR250mn ($271mn) of European windstorm coverage, this publication understands.

The trigger is per-occurrence, Cresta-weighted industry insured loss according to the Perils index.

The bond will provide coverage for European windstorm in Austria, Belgium, Denmark, France, Germany, Ireland, Luxembourg, The Netherlands, Norway, Sweden, Switzerland and the UK, and an updated...

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Catastrophe bonds News Allianz
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