RenRe revives Florida sidecar with $60mn Timicuan Re II
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RenRe revives Florida sidecar with $60mn Timicuan Re II

31 May 2009
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Bermudian reinsurer RenaissanceRe has relaunched its defunct Timicuan Re sidecar with $10mn seed capacity and $50mn of third party equity investment, despite difficult market conditions for the vehicles.

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