Close this search box.

RenRe grows Medici 25% in attractive cat bond market: CEO

For global reinsurance firm RenaissanceRe, the Medici catastrophe bond focused investment fund strategy has been one of its sources of growth in third-party capital assets under management in recent years, a trend that continued in 2022.

Like many other managers of third-party reinsurance capital assets, or insurance-linked securities (ILS) strategies, RenaissanceRe saw outflows from some vehicles after the consecutive heavy loss years since 2017.

But catastrophe bond fund strategies have remained more robust, thanks to the more remote-risk nature of their coverage and the higher layers of reinsurance towers cat bonds tend to feature in.


Skip to content