Ariel Re launches first wildfire cat bond

Herbert Frommes Versicherungsmonitor

Factuality

Ownership

Exclusively In May, another regional insurer approached a disaster bond with SV Sparkassenversicherung. The special feature: The SV set up the Cat Bond together with the Japanese insurer Zenkyoren. In an interview, SV Finance Director Roland Oppermann and Daniel Piennack-Sorge, Managing Director of the broker Guy Carpenter, explain how the two partners came together and what advantages a joint bond offers. Another bond could follow if the compul…