RenRe raises Validus retention target to $3bn after “overwhelmingly successful” 1.1

RenaissanceRe has increased the target for the amount of Validus portfolio premium it expects to retain from $2.7bn to at least $3bn after a 1 January renewal that was “overwhelmingly successful” in achieving objectives laid out for the combined business, according to Kevin O’Donnell.

 

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