Vermeer Reinsurance Ltd

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.

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.

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.

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.

RenaissanceRe (RenRe), the Bermuda headquartered global reinsurance firm, saw its third-party capital assets under management remain relatively flat at $6.4 billion over the first six months of 2021, but a change in the allocation mix reflected industry trends and investor appetite for catastrophe bonds.

Bermuda based reinsurance firm and third-party capital manager RenaissanceRe has reduced its exposure to aggregate contracts this year, something that applies both to its own portfolio and to its Upsilon collateralized reinsurance and retrocession structure.

RenaissanceRe, the Bermuda-based reinsurance firm and third-party capital management specialist, raised additional funds from investors for its managed insurance-linked securities (ILS) fund strategies during the second-quarter.

The decline in performance fees experienced by RenaissanceRe’s third-party reinsurance capital and insurance-linked securities (ILS) vehicles in the first-quarter of 2021 was driven by the impacts of winter storm Uri, CFO Bob Qutub said yesterday.

RenaissanceRe, the Bermuda-based reinsurance firm and third-party capital management specialist, reported that its managed insurance-linked securities (ILS) funds drove negative performance related fee income in Q1 2021, implying they were hit by the major catastrophes during the period.

RenaissanceRe Capital Partners, the newly rebranded home of third-party capital management and insurance-linked securities (ILS) at Bermuda reinsurance firm RenaissanceRe (RenRe) has hired Roger Beach from Aon, as a Senior Analyst focused on investor relations and operational due diligence.