Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

21 May 2012

RenRe writes $30mn retro premium in new Upsilon sidecar

8 February 2012

RenaissanceRe has confirmed that it has launched a new sidecar Upsilon Re, which will target collateralised retrocession business.

Today's February edition of sister title The Insurance Insider tipped that RenRe had added a new joint venture to its line-up, as other sidecar managers look to reload.

RenRe confirmed the news in an earnings call today, reporting that the Bermuda-registered special purpose insurer Upsilon wrote more than over $30mn premium at 1 January.

The reinsurer did not disclose its own share...

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Share: This article was published as part of issue January 2012/1

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