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ASSUREURS CRÉATEURS DE CONFIANCE
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19 June 2023
#finance
The Aon Securities team* structured and placed a cat bond on an indemnity basis, via the Randolph Re platform on behalf of Groupama, which protects against adverse deviation of climatic losses in France. The cover incepted 15 June 2023.
For Groupama, the relationship with our reinsurers remains essential. With this Cat bond transaction, we are demonstrating on the one hand our ability to adapt to major changes in the reinsurance market and, on the other hand,we are further protecting Groupama from adverse weather claims. Thierry MartelChief Executive Officer of Groupama
For Groupama, the relationship with our reinsurers remains essential. With this Cat bond transaction, we are demonstrating on the one hand our ability to adapt to major changes in the reinsurance market and, on the other hand,we are further protecting Groupama from adverse weather claims.
* Reference to the Aon Securities team means Aon Solutions Ireland Limited, who are regulated by the Central Bank of Ireland (and its affiliated entities)
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