RenRe CEO: ‘Couldn’t be happier’ with portfolio constructed at 1.1
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RenRe CEO: ‘Couldn’t be happier’ with portfolio constructed at 1.1

RenRe logo Kevin O'donnell Bermuda 2021.jpg

RenaissanceRe CEO Kevin O’Donnell said despite a January 1 renewal stretching late and involving “difficult” conversations tied to property cat deals, he “couldn’t be happier” with the portfolio the company has built and its ability to leverage its incumbency position to write the deals at the terms it was looking for.

The executive was speaking to Wall Street analysts a day after the company disclosed it had turned in a $277mn underwriting profit in the fourth quarter, reversing the underwriting loss in Q4 2020, when it was beset by a...

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