RenRe adds to Florida capacity with $60mn Timicuan Re II launch
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RenRe adds to Florida capacity with $60mn Timicuan Re II launch

01 June 2009
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Alongside traditional reinsurance capacity entering the Florida market at the 1.6 renewal, Bermudian reinsurer RenaissanceRe has relaunched its Timicuan Re sidecar with $10mn seed capacity and $50mn of third party equity investment, despite difficult market conditions for the vehicles.

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