RenaissanceRe
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RenaissanceRe CEO Kevin O’Donnell told analysts: “It feels like the wind is at our backs again.” -
This came as a reduction to net losses from 2017 catastrophes boosted quarterly results for the reinsurer.
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The two series of notes run until 1 June 2019.
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A $125mn tranche of Fibonacci Re notes and a $9.27mn tranche of Dodeka XV notes have been listed on the Bermuda Stock Exchange.
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Based in Bermuda, Matt Flynn will focus on retrocessional property catastrophe business at RenaissanceRe.
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The Florida insurer decreased the share of its growing premium base being ceded to reinsurers.
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Boost Insurance signs the ILS giant to lead its reinsurance facility for InsurTech start-ups.
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Early signs indicate third-party capital is being deployed aggressively in the Florida market.
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The insurer’s cat losses contributed to a general insurance underwriting loss.
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Top line revenue for the RenaissanceRe sidecar rose 20 percent year-on-year.
