Generali Group Chief Insurance & Investment Officer, Sandro Panizza, commented, “Generali has proven once more its confidence and proximity to investors as well to traditional reinsurers. This new issuance allows Generali to further optimize the purchase of reinsurance protection, leveraging on the trust of both the traditional reinsurance and the ILS markets in the quality of its portfolio.
Generali Group’s CFO, Cristiano Borean, added, “The success achieved with this third catastrophe bond confirms Generali’s well-established presence in the ILS market.
Our primary focus is on catastrophe bonds, insurance-linked securities, alternative reinsurance capital, insurance & reinsurance linked investments.