Collateralized demand to dip as cedants favour rated “certainty”: RenRe’s O’Donnell

Kevin O’Donnell – RenaissanceRe

Demand for collateralized reinsurance is expected to reduce at the upcoming 1 January renewals as buyers favour the certainty offered by rated balance sheets, RenaissanceRe CEO Kevin O’Donnell predicted as he also suggested the Bermudian’s Upsilon vehicle could shrink.

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