RenRe’s TMR purchase ‘to take $6bn capacity from ILS market’
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RenRe’s TMR purchase ‘to take $6bn capacity from ILS market’

RenaissanceRe’s acquisition of Tokio Millenium Re (TMR) and the resultant ending of TMR’s fronting service in 2021 will take $6bn in capacity out of the ILS market, according to ILS Capital founder Tom Libassi.

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