Bermudian reinsurer RenaissanceRe (RenRe) has withdrawn its proposed $200mn CPXRe cat bond and Catlin's $150mn Newton Re 2008-1 was a third smaller than originally conceived, mainly due to lack of investor interest, Trading Risk can reveal.
Bermudian reinsurer RenaissanceRe (RenRe) has withdrawn its proposed $200mn CPXRe cat bond and Catlin's $150mn Newton Re 2008-1 was a third smaller than originally conceived, mainly due to lack of investor interest, Trading Risk can reveal.