Allianz’s EUR250mn Blue Sky Re bond prices at top end of guidance at 5.75%
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Allianz’s EUR250mn Blue Sky Re bond prices at top end of guidance at 5.75%

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Allianz’s EUR250mn ($271mn) Blue Sky Re cat bond has priced at 5.75%, at the upper end of guidance, this publication understands.

The bond will provide per-occurrence, Cresta-weighted industry insured loss-based cover for European windstorm in Austria, Belgium, Denmark, France, Germany, Ireland, Luxembourg, The Netherlands, Norway, Sweden, Switzerland and the UK, and an updated covered area following any reset.

The

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