RenRe raises $147mn for Medici cat bond fund as DaVinci hit by investment losses
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

RenRe raises $147mn for Medici cat bond fund as DaVinci hit by investment losses

Liz Bury
04 May 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
RenaissanceRe Bermuda.jpg

RenaissanceRe said it raised $147mn for its Medici cat bond fund after the end of Q1, including $10mn from the company, as it posted improved underwriting results and an investment downturn at its flagship DaVinci Re sidecar.

It also appeared to have raised further third-party funds in Q1, as third-party capital raised in the quarter reached $576.6mn,

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsRenaissanceReResults
liz bury 2024 ii ils 2.png
Liz Bury
Editor
Contact
Gift this article