RenRe raised $403mn of third-party capital at 1.1 in DaVinci and Medici
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RenRe raised $403mn of third-party capital at 1.1 in DaVinci and Medici

Liz Bury
01 February 2023
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RenaissanceRe turned in a fourth-quarter profit for its third-party vehicles after Hurricane Ian losses earlier in the year, as it kept overall fee income stable.

Third-party AuM/fundraising: RenRe added $402.9mn to assets under management (AuM) as of 1 January, of which $377.2mn was through DaVinci and the rest in the Medici cat bond fund.

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RenaissanceRe News Results Catastrophe bonds Sidecars Catastrophe losses Property Capital raising
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