Casualty treaty
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O’Donnell believes RenRe is well positioned to produce longer-tail risk to third-party investors.
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The legacy cover will backstop policies written by its North American insurance business.
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The reinsurer stressed it “did not shy” from cat business in 2023.
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ILS has been a driver of innovation in reinsurance, Convergence 2025 attendees heard Wednesday.
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Ryan Saul will work at Ledger’s broker-dealer subsidiary Ledger Capital Markets.
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Key topics include private ILS growth prospects and the longevity of longtail interest.
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The facility will initially focus on US, Bermudian and European business.
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The Bermuda reinsurer has been active in ILS since launching in 2007.
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Reinsurer executives during a Aon reinsurer panel stressed that the industry worked hard on setting the right structure.
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ILS executives talked pricing, capacity and opportunities in casualty at an ILS roundtable in Monte Carlo.
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Sources said that the carrier has held preliminary talks with private debt investors.
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The leadership’s commentary spotlighted to value of ILS to the group.