RenaissanceRe Upsilon Fund Ltd.

By returning capital to its third-party investors, when it cannot generate adequate returns, reinsurance firm RenaissanceRe hopes to generate loyalty, demonstrate that it works on behalf of its investor-base and encourage them to increase capital commitments when the time is right.

Bermuda domiciled reinsurance firm and third-party or ILS capital manager RenaissanceRe (RenRe) significantly pulled back by 40% on assumed retrocession during the fourth quarter of 2015, and also shrank its Upsilon Fund.

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.

Bermudian reinsurance firm and third-party capital management specialist RenaissanceRe remains committed to “generating superior returns for our shareholders and third party capital providers” as the firm reported a more stable quarter.

Bermudian reinsurance firm and third-party capital management specialist RenaissanceRe continued to display its disciplined approach to market conditions, pulling back further on catastrophe reinsurance underwriting across managed and owned premiums.

Bermuda-based reinsurance firm RenaissanceRe launched a new third-party capital vehicle at the end of 2014, to accommodate investors looking to share in the returns of its underwriting business and investments in ILS, the RenaissanceRe Upsilon Fund Ltd.