RenRe CEO: Third-party capital success relies on targeting buyer demand
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RenRe CEO: Third-party capital success relies on targeting buyer demand

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RenaissanceRe CEO Kevin O’Donnell attributed the firm’s success in growing assets under management (AuM) to focussing on market demand, as he said he was more concerned about social inflation than climate change risks.

Whereas the firm has been modelling climate change for many years, the effects of social inflation and higher-cost court awards are now showing up more broadly than previously, he said.

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