News and Press Releases

NEWS

RenaissanceRe warns on wildfires, third-party capital could be exposed

Source: www.artemis.bm

Bermudian reinsurance firm and third-party reinsurance capital manager RenaissanceRe put out a warning that it expects the California wildfires to result in a financial impact to the firm that will be “significant and could be material” which could suggest some of its third-party capital vehicles may also be exposed.

california-wildfire-losses-insuranceRenaissanceRe...
Read More »


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 reinsurance capital...
Read More »


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 of...
Read More »


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 Special...
Read More »


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...
Read More »