RenaissanceRe CEO Kevin O'Donnell warned that buying retrocession cover is not a panacea for falling reinsurance rates, after the reinsurer cut back its top line catastrophe premiums by 33 percent in the second quarter.
RenaissanceRe CEO Kevin O'Donnell warned that buying retrocession cover is not a panacea for falling reinsurance rates, after the reinsurer cut back its top line catastrophe premiums by 33 percent in the second quarter.