Allianz aimed to diversify capital base with Blue Sky Re cat bond
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Allianz aimed to diversify capital base with Blue Sky Re cat bond

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One of Allianz’ primary goals in issuing its first cat bond in 10 years was to diversify its reinsurance capital base to include third-party sources, Thorsten Fromhold, group reinsurance officer at Allianz Re, has told this publication.

The addition of a cat bond to the programme came as Allianz has sought in recent years to buy more reinsurance overall, having previously centralised and cut back its buying.

“We

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