Florida renewal ‘of diminishing consequence’ to RenRe: O’Donnell
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Florida renewal ‘of diminishing consequence’ to RenRe: O’Donnell

Martha Muir
04 May 2022
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RenaissanceRe CEO Kevin O’Donnell said it is unlikely the carrier will increase offered limits for Florida property risks at the 1 June renewals, as the company has reduced its exposure to the state’s domestic homeowners market.

On an earnings call to discuss the reinsurer’s Q1 results, the CEO explained that exposure to the Florida homeowners’ market now represents around 2.5%

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Martha Muir
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