UnipolSai will seek more property-cat coverage

11-09-2018

UnipolSai will seek more property-cat coverage

Marco Sordoni, chief executive of UnipolRe

UnipolSai Assicurazioni will buy more property-catastrophe capacity this year and will not renew its €200 million ($231 million) cat bond Azzurro Re I, which expires on December 31, 2018. Instead, it will rely on its existing panel of 17 reinsurers for support until it explores the possibility of issuing a new cat bond in the first quarter of next year.


UnipolSai, Property, Catastrophe, Capacity, Reinsurance, Cat bond, Marco Sordoni, Monte Carlo 2018, Europe

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