RenaissanceRe Medici UCITS Fund

RenaissanceRe Capital Partners, the specialist division of the reinsurer, lifted its third-party investor capital managed across joint-venture reinsurance and insurance-linked securities strategies by around 7% over the last year, to end March 2026 with $8.46 billion of assets under management.

RenaissanceRe’s third-party capital and insurance-linked securities management unit Capital Partners is considered an “important source of resilience” for the company and a key differentiator, especially for clients that “value, scale, reliability and flexibility,” according to CEO Kevin O’Donnell.

RenaissanceRe reported a 209% increase in fee income earned from its range of reinsurance joint venture vehicles and insurance-linked securities structures in the first-quarter, while investors benefitted from meaningful income and opted to take profits after the strong performance of these strategies.

RenaissanceRe Capital Partners, the third-party reinsurance capital management and insurance-linked securities (ILS) unit of the Bermuda-headquartered reinsurance firm, has promoted Roger Beach to Vice President in the Business Development and Investors Relations function.

Third-party investor capital under management in RenaissanceRe Capital Partners range of reinsurance joint-ventures and insurance-linked securities strategies reached a new all-time high of just over $9 billion at the end of 2025, before dropping slightly as 2026 began and the manager returned profits to some investors.

Kevin O’Donnell, the CEO of reinsurer and third-party reinsurance capital manager RenaissanceRe, said today that none of the firm’s investor supported joint-ventures entered 2026 any smaller than they were last year, leading to an expectation of relatively stable fee income ahead.

RenaissanceRe, the global reinsurance company and third-party capital manager, established a new catastrophe bond managed account named the Stratos Fund in the second-half of 2025, raising $260.4 million for it, while increasing assets in other third-party capital and ILS vehicles and lifting fee income 31.8% in the fourth-quarter of the year.

Third-party investor capital under management in RenaissanceRe Capital Partners range of reinsurance joint-ventures and insurance-linked securities strategies rose to $8.54 billion by September 30th 2025, with the figure increasing by $450 million in the quarter.

Having launched its first UCITS compliant property catastrophe bond fund strategy earlier this year, the RenaissanceRe Medici UCITS Fund, the reinsurance company had grown the fund to almost $400 million in net assets by the end of the third-quarter of 2025.

RenaissanceRe, the global reinsurance company and third-party capital manager, has reported a 24.1% rise year-on-year in fee income earned from its reinsurance joint-venture vehicles and insurance-linked securities (ILS) funds in the third-quarter of 2025.