Casualty classes getting ‘significant’ rate above trend: RenRe’s O’Donnell
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Casualty classes getting ‘significant’ rate above trend: RenRe’s O’Donnell

RenRe logo Kevin O'donnell Bermuda 2021.jpg

RenaissanceRe's CEO said the company’s casualty book had been achieving “significant” rate increases above loss trend, and that he expected margins within the segment to grow in the coming quarters.

Speaking to analysts on his company’s first quarter earnings call on Thursday, Kevin O’Donnell said his company found casualty and specialty lines “particularly attractive at this point in the cycle”, while also noting that the lower capital needs for...

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