DaVinci Re


Catastrophe pull-back resumes at RenRe in Q2, but profitability rises

In the second-quarter of 2017 Bermuda domiciled reinsurance firm RenaissanceRe (RenRe) resumed its pull-back on catastrophe reinsurance underwriting, with lower catastrophe and managed catastrophe premiums written, but profitability improved including for its third-party capitalised sidecar vehicle, DaVinciRe.RenRe runs a number of joint-ventures and third-party capital backed reinsurance vehicles, collateralised reinsurance read the full article →

Q1 2017 catastrophe premiums up at RenRe, DaVinci profits decline

Bermuda domiciled reinsurer RenaissanceRe (RenRe) has reported growth in its managed catastrophe premiums in the first-quarter of 2017, to $426.8 million, although its net income was negatively impacted by a decline in the profitability of its third-party sidecar vehicle, DaVinci Re.The reinsurer operates a number of joint-ventures and third-party backed read the full article →

Written managed catastrophe premiums decline further for RenRe

Bermudian reinsurer RenaissanceRe (RenRe) has reported a reduction in managed catastrophe premiums during the fourth-quarter and full-year, 2016, and also revealed that it took in more capital for its Upsilon funds in the period.According to its recent financial results release, RenRe’s managed catastrophe premiums fell by roughly 47% in the read the full article →

RenaissanceRe writes fewer managed catastrophe premiums in Q3 2016

Bermudian reinsurer and third-party capital management specialist RenaissanceRe reported a 14.8% decline in managed catastrophe premiums in the third-quarter, year-on-year, totalling $76.9 million.The Bermuda domiciled reinsurance company recently reported its third-quarter and nine-month 2016 financial results, which reveals a decline in the underwriting income of its catastrophe reinsurance segment as read the full article →

DaVinci Re continues to perform for investors despite catastrophe losses

Bermuda-based reinsurance firm RenaissanceRe’s (RenRe) third-party backed rated sidecar vehicle, DaVinci Re, was profitable again in the second-quarter, despite increased catastrophe losses, underlining the important role third-party capital continues to play in the firm’s multiple balance-sheet strategy.DaVinci Re, RenRe’s catastrophe reinsurance focused vehicle, reported a net income of $37.2 million read the full article →

RenRe catastrophe premiums down, DaVinci profits up in Q1 2016

Bermuda domiciled reinsurance firm and third-party or ILS capital manager RenaissanceRe (RenRe) saw a decline in its catastrophe premiums written during the first-quarter of 2016, but its third-party backed rated sidecar DaVinci Re profited from lower catastrophe experience and it added third-party capital.RenaissanceRe operates a number of joint-ventures, third-party capital read the full article →

RenaissanceRe grows managed cat premiums, third-party capital in Q4

Bermudian reinsurance company and third-party capital management specialist RenaissanceRe increased the managed catastrophe premiums it underwrote during the fourth-quarter of 2015, year-on-year, and also looks to have raised some new capital from third-party investors.RenaissanceRe operates a number of joint-ventures, third-party capital backed reinsurance vehicles and collateralised reinsurance or ILS funds, read the full article →