A RENAISSANCE
ON EAST
BROADWAy
RenaissanceRe Holdings is back on track,
running its joint ventures and a $1.5 billion book.
Bermuda Reinsurance talks to Kevin O’Donnell.
RenaissanceRe Holdings has been headquartered in Bermuda since its formation as a catastrophe
reinsurer in 1993. The company has broadened its remit since the early days, and now writes business
primarily in four areas: catastrophe reinsurance; catastrophe reinsurance for joint ventures Top Layer
Reinsurance and DaVinci Reinsurance; specialty reinsurance, which includes all lines of reinsurance
written by RenaissanceRe other than property/catastrophe reinsurance; and individual risk business.
The principal business remains property catastrophe reinsurance for insurance companies
and other reinsurers, primarily on an excess of loss basis. RenaissanceRe’s coverage protects
against large natural catastrophes, such as earthquakes and hurricanes, as well as claims arising
from other natural and man-made catastrophes.
BermudaReinsurance . November 2006 49
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