RenRe raises $100mn for Medici as DaVinci falls to Q1 loss on Uri
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RenRe raises $100mn for Medici as DaVinci falls to Q1 loss on Uri

Fiona Robertson
29 April 2021
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RenaissanceRe raised more than $100mn for its Medici cat bond fund on 1 April, as it bought back roughly $230mn of shares in the first quarter and into mid-April.

This came as its joint venture sidecar DaVinci Re fell to a $56.0mn loss on Winter Storm Uri losses.

Catastrophe

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