RenRe delivers $49.3mn profit to ILS investors in Q2
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RenRe delivers $49.3mn profit to ILS investors in Q2

Liz Bury
26 July 2022
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RenaissanceRe generated income of $49.3mn for its third-party capital partners during Q2 2022, down from $113.5mn in the year-ago quarter as Medici investors suffered foreign exchange losses and DaVinci Re took investment losses.

Third-party AuM/fundraising: RenRe raised capital of $567.7mn in Q2 2022 through Medici and the newly formed specialty vehicle Fontana, including $136.3mn

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