Upsilon Reinsurance Fund Opportunities

RenaissanceRe sees the potential to raise new third-party reinsurance capital for the June 1st renewals, as its view of the market particularly in retrocession suggests profitable opportunities will be available, CEO Kevin O’Donnell explained recently.

Bermuda-based reinsurance and third-party capital management specialists RenaissanceRe has revealed a renaming of the firms Upsilon retrocessional reinsurance sidecar for 2014, changing it to Upsilon Reinsurance Fund Opportunities Ltd.