News and Press Releases

NEWS

RenRe’s ILS activities driven by customers not asset accumulation: CEO O’Donnell

Source: www.artemis.bm

At Bermudian reinsurance firm and third-party capital management specialist RenaissanceRe (RenRe) the use of alternative capital and ILS is more of a customer driven activity, rather than one driven by a quest for funds under management, according to CEO Kevin O’Donnell.

In the increasingly competitive world of third-party...
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When investing in ILS, size isn’t everything, says RenRe’s Chris Parry

Source: www.artemis.bm

When selecting an insurance-linked securities (ILS) investment size isn’t everything, and despite reduced returns in the space those that invest now will be in a good position to vary their allocation in the future, says Chris Parry, Managing Director, RenaissanceRe (RenRe) Ventures.

When investing in ILS the size...
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RenaissanceRe responsible for $140m Fibonacci Reinsurance Ltd.

Source: www.artemis.bm

It transpires that Bermudian reinsurance firm RenaissanceRe was responsible for the formation of special purpose insurer Fibonacci Reinsurance Ltd. and the subsequent issuance of $140 million of participating notes, which Artemis wrote about earlier today.

RenRe said that it has formed Fibonacci Reinsurance Ltd. (Fibonacci Re), a Bermuda domiciled...
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RenaissanceRe grows Medici ILS fund, shrinks Upsilon ILS fund

Bermuda headquartered reinsurance firm and third-party, or ILS, capital manager RenaissanceRe (RenRe) has adjusted the size of two of its ILS fund vehicles in recent months, growing the Medici Fund but shrinking the Upsilon Funds.

The changes to the RenaissanceRe Medici Fund...
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