RenaissanceRe is trying to purchase a major new Florida retrocession cover providing up to $275mn of limit above a $75mn deductible, as it looks to take advantage of its market-leading position and arbitrage the capital markets, sources said.
RenaissanceRe is trying to purchase a major new Florida retrocession cover providing up to $275mn of limit above a $75mn deductible, as it looks to take advantage of its market-leading position and arbitrage the capital markets, sources said.