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The headline figure of $7.72bn includes $3.11bn of DaVinci equity plus debt. -
Shareholders are voting to approve being wound up on 18 December.
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Strong growth in fee income builds on the favourable rating environment.
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The latest issuance is the second cat bond RenaissanceRe has issued this year.
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The ILS unit’s AuM was higher by $100mn compared to $1.9bn as of 30 June.
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The fund will be denominated in US dollars and digital currencies.
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Bob Forness, CEO of MultiStrat, will take over Robinson’s responsibilities.
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In other property, Helene and Milton will assure rates remain attractive, he added.
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Stokes has been with Pillar for nearly four years.
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The firm sees a "robust" pipeline of potential investors ahead of the renewals.
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Ceded losses grew by 69.2% in Q3 from the prior year quarter to $44mn.
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The combined ratio included 17 points of catastrophe losses in the third quarter.
