Capital “augmented” for RenRe’s two Fontana joint-venture reinsurers: AM Best
28th December 2023The two reinsurers established as underwriting vehicles for RenaissanceRe’s Fontana Holdings third-party capitalised casualty and specialty reinsurance focused joint venture have had their capital augmented, rating agency AM Best said also recognising the likelihood of Fontana’s reinsurers delivering profits and positive income in most periods.
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