Allianz

German insurance and reinsurance group Allianz said that attractive market conditions combined with demand from investors for catastrophe bonds helped it lock in a competitive price on the recently completed Blue Danube II Ltd. (Series 2013-1) cat bond. Interest in the transaction was strong as capital markets investors came out in force to support Allianz.

The latest catastrophe bond transaction from Germany headquartered insurance and reinsurance group Allianz has now successfully completed, received its rating and the issued cat bond notes have been listed in Bermuda. The Blue Danube II Ltd. (Series 2013-1) cat bond has now secured sponsor Allianz Argos 14 GmbH a $175m three-year source of fuly-collateralized, multi-peril […]

German insurer Allianz’s latest catastrophe bond transaction, Blue Danube II Ltd. (Series 2013-1), has now increased in size to $175m and its pricing has been set at the low-end of an already reduced range. This deal is the German insurers eighth visit to the cat bond market since 2007, which makes the insurer among the […]

Further details have become available on another of the catastrophe bonds that launched recently. The Blue Danube II Ltd. (Series 2013-1) cat bond, sponsored by German insurer Allianz who is looking for multi-peril and multi-region reinsurance protection for certain hurricane and earthquake risks, has now had its preliminary rating applied by Standard & Poor’s. We’re […]

Another new catastrophe bond has hit the market, according to sources, and this time it is another ‘Blue’ cat bond from a regular sponsor, German insurer Allianz. We make Blue Danube II Ltd. (Series 2013-1) the German insurers eighth visit to the cat bond market and likely a replacement for its soon to mature Blue Fin […]

GC Securities, the capital markets and insurance-linked securities arm of broker Guy Carpenter, have issued a press release regarding their involvement in the recently completed Blue Danube Ltd. catastrophe bond. GC Securities acted as a joint structuring agent and joint bookrunner on the deal alongside Swiss Re Capital Markets.

Reinsurer Swiss Re have published a press release discussing their role in the recently completed Blue Danube Ltd. catastrophe bond. Swiss Re Capital Markets, the arm of Swiss Re who deal with capital markets structuring and placement, acted as an arranger/structurer and also bookrunner on the transaction, which provides German insurer Allianz with three years […]

Insurer Allianz has issued a press release providing their thoughts on the recent completion of their Blue Danube Ltd. catastrophe bond deal. Blue Danube Ltd. provides Allianz with a fully collateralized source of cover for multiple perils on a per-occurrence basis using a modelled industry loss trigger for a three year period. Allianz is not […]

One of the catastrophe bonds which has been doing the rounds on its marketing phase and has recently completed, Blue Danube Ltd., has had its credit ratings assigned by rating agency Standard & Poor’s. The Blue Danube Ltd. Series 2012-1 transaction has been issued by the Bermuda domiciled SPV on behalf of sponsor Allianz Argos […]

The tenth catastrophe bond of 2012 has begun marketing this week, adding to the record Q1 issuance seen so far this year (details of them all can be found in our Deal Directory). Blue Danube Ltd. is sponsored by German insurer Allianz, a regular ILS and cat bond sponsor, who tend to use the word […]