RenaissanceRe took about $2.2bn of gross losses from the third quarter catastrophes but was able to reduce this by two thirds after cessions to capital partners and retro providers and by recognising reinstatement premium income.
RenaissanceRe took about $2.2bn of gross losses from the third quarter catastrophes but was able to reduce this by two thirds after cessions to capital partners and retro providers and by recognising reinstatement premium income.