-
Operating revenues were also up on the $29.1mn reported over Q2.
-
O’Donnell believes RenRe is well positioned to produce longer-tail risk to third-party investors.
-
Third-party investors made a net income of $415mn in the quarter.
-
The sidecar was launched today by the Bermudian reinsurer and investment firm Carlyle.
-
The capital will provide retro cover for life-focused reinsurer Fortitude Re.
-
Investor interest is warming up following a colder spell over the past several years.
-
ILS has been a driver of innovation in reinsurance, Convergence 2025 attendees heard Wednesday.
-
The carrier will continue to write assumed retro in Bermuda.
-
Key topics include private ILS growth prospects and the longevity of longtail interest.
-
A cat-focused vehicle is “the missing piece” of Hannover Re’s ILS offerings, said Silke Sehm.
-
Founder and CEO of Nascent Andre Perez will join Sephira’s board of directors.
-
Improved performance and growing investment returns played a role in the upgrade.
