RenaissanceRe CEO Kevin O'Donnell remained bullish on the outlook for 2021 renewals as he said that rate increases will be underpinned by rising capital costs, not losses.
RenRe's O'Donnell: Capital costs the driver for 2021 rate growth

RenaissanceRe CEO Kevin O'Donnell remained bullish on the outlook for 2021 renewals as he said that rate increases will be underpinned by rising capital costs, not losses.