RenaissanceRe Upsilon Fund Ltd.

Share

RenRe’s third-party AuM hits $6.8bn thanks to Fontana & fresh capital

RenaissanceRe, the Bermuda-based reinsurance firm and third-party capital management specialist, saw its external capital under management rise to $6.8 billion by April, helped by the launch of its Fontana Holdings casualty / specialty lines joint venture and some other additional fund raising. At January 1st 2022, RenaissanceRe (RenRe) reported its third-party read the full article →

RenRe Capital Partners hires Horseshoe’s Press as VP, adds analysts

Bermuda headquartered reinsurance firm RenaissanceRe continues to expand its Capital Partners team, adding Keenan Press from Horseshoe as a new VP to lead on investor due diligence, as well as two new analysts in recent weeks. The RenaissanceRe Capital Partners team, which is the third-party capital management and insurance-linked securities (ILS) read the full article →

RenRe adds $1.4bn to ILS structures & joint-ventures in 2022 so far

RenaissanceRe, the Bermuda headquartered reinsurance underwriting firm and third-party capital manager, has added just over $1.4 billion of capital to its range of insurance-linked securities (ILS) structures and joint-venture vehicles so far in 2022. In reporting its results last night, RenaissanceRe (RenRe) highlighted the continuing success of its ILS and third-party read the full article →

Upsilon over 50% smaller on losses & trapped capital: RenRe CEO O’Donnell

After another challenging year of catastrophe losses in 2021, Bermuda based reinsurance firm and third-party capital manager RenaissanceRe went into the January 2022 renewals with its Upsilon collateralized reinsurance and retrocession vehicle significantly smaller than the prior year, its CEO revealed today. Speaking during an ongoing earnings call event, RenaissanceRe (RenRe) read the full article →

RenRe adds $453m of third-party capital at 1/1, DaVinci takes majority

RenaissanceRe, the Bermuda-based reinsurance firm and third-party capital management specialist, saw strong inflows from investors in time for the January renewal season, as its Capital Partners unit raised $453 million from external investors. As anticipated, the majority of the new third-party assets under management raised appears to have flowed to joint read the full article →

RenRe Capital Partners hires Sompo’s Varwandkar as cat bond PM

RenaissanceRe Capital Partners has made another key hire, adding Manjit Varwandkar as a Portfolio Manager for the firm's catastrophe bond investments focused Medici Fund strategy. The third-party capital management and insurance-linked securities (ILS) unit of Bermuda-headquartered reinsurance firm RenaissanceRe (RenRe) has been expanding its team of specialists in recent months, with read the full article →

RenaissanceRe Capital Partners hires Briggs as Head of Risk

RenaissanceRe Capital Partners, the third-party capital management and insurance-linked securities (ILS) unit of Bermuda-headquartered reinsurance firm RenaissanceRe (RenRe), hired Lucy Briggs as Vice President and Head of Risk earlier this year. Briggs joined the RenaissanceRe Capital Partners team from her most recent role at Willis Towers Watson in June. In the Head read the full article →

Retro funds could be 70% – 80% trapped or lost: RenRe CEO O’Donnell

Retrocessional reinsurance focused ILS investment funds and strategies could find as much as 70% to 80% of their capital trapped or lost after the challenging catastrophes of 2021, according to RenaissanceRe's CEO Kevin O'Donnell. The CEO of RenaissanceRe, the Bermuda-based reinsurance firm and third-party capital management specialist, explained that 2021 has read the full article →

RenRe’s third-party capital fee income drops on Q3 catastrophe impacts

RenaissanceRe, the Bermuda-based reinsurance firm and third-party capital management specialist, revealed that investors in its managed insurance-linked securities (ILS) fund strategies and joint-ventures took their share of catastrophe losses in the third-quarter, denting fee income from these activities during the period. Despite the significant natural catastrophe losses though, RenaissanceRe (RenRe) still read the full article →

RenaissanceRe sees significant $725m hit from catastrophes in Q3

RenaissanceRe (RenRe), the Bermuda headquartered global reinsurance firm and third-party capital management specialist, has pre-announced an expectation of $725 million of net catastrophe losses for the third-quarter of 2021, a particularly significant hit for the period. It's a figure that is even higher than RenaissanceRe had pre-announced after the third-quarter of read the full article →