Over the preceding year, demand for property catastrophe reinsurance limit in the US – excluding cat bonds – has increased by an estimated $20bn, RenaissanceRe CEO Kevin O’Donnell said.
O’Donnell
Great time to be reinsurer ‘if you have the tools’: RenRe’s O’Donnell
The property market remains “one of the most favorable ... I've seen in my career,” the executive said.