Group of Companies
| Holdings Company | Reinsurance | Insurance | Ventures |
|---|---|---|---|
| RenaissanceRe Holdings Ltd. | Renaissance Reinsurance Ltd. | RenaissanceRe Syndicate 1458 | RenaissanceRe Ventures Ltd. |
| DaVinci Reinsurance Ltd. | Glencoe Insurance Ltd. | Renaissance Underwriting Managers Ltd. | |
| Top Layer Reinsurance Ltd. | RenRe Energy Advisors Ltd. | ||
| Renaissance Reinsurance of Europe | WeatherPredict Consulting Inc. | ||
| RenaissanceRe Syndicate 1458 |
RenaissanceRe Holdings Ltd.
RenaissanceRe was established in Bermuda in 1993 to write property catastrophe reinsurance. We went public in July 1995 and are traded on the New York Stock Exchange under the ticker symbol ‘RNR’.
Our business is divided into 2 reportable segments:
- Reinsurance, written by Renaissance Reinsurance as well as our managed joint Ventures which include, Da Vinci and Top Layer Re
- Insurance, written by RenaissanceRe Syndicate 1458 and Glencoe Insurance Ltd.
By remaining true to our founding philosophies, we have become one of the world’s largest and most respected catastrophe reinsurers through:
- careful and disciplined risk selection
- prudent capital management
- opportunistic entry into dislocated markets
- exceptional client service
- leadership in the use of information technology
For more detailed information about our Company, please read our most recent Annual Report, visit our SEC Filings page or contact us.
Renaissance Reinsurance Ltd.
Since our founding in 1993, Renaissance Reinsurance has earned a leading position in catastrophe reinsurance and established a significant franchise as a specialty reinsurer for a wide range of coverages. We’ve grown our business through disciplined underwriting and responsive, flexible client service. Our pioneering use of sophisticated computer modeling has enabled us to construct a superior risk portfolio and achieve exceptional financial strength. Renaissance Reinsurance’s prompt claims payments, team expertise and market knowledge have earned us a reputation for excellence throughout our industry.
Renaissance Reinsurance Ltd. is headquartered in and operates exclusively from Bermuda. Renaissance Reinsurance is rated A+ (Superior) by A.M. Best, AA- (Very Strong) by Standard & Poor’s, and A1 by Moody’s. Please visit our Products page or contact us for further information about our Company.
DaVinci Reinsurance Ltd.
DaVinci Re provides property catastrophe reinsurance against natural and man-made disasters and specialty reinsurance for certain other risks, primarily in areas where it can take advantage of RenaissanceRe’s catastrophe reinsurance expertise.
DaVinci Re draws upon RenaissanceRe’s skills in underwriting, risk evaluation and the application of proprietary, advanced risk-modeling technology. DaVinci Re’s strategy is to:
- achieve superior risk selection through disciplined underwriting
- provide clients with innovative, responsive service.
DaVinci Re Holdings, Ltd. and its operating subsidiary DaVinci Re are managed by Renaissance Underwriting Managers (RUM), a part of the Ventures group of RenaissanceRe. With over $1 billion of capital at December 31, 2006, DaVinci Re’s excellent financial strength is reflected in its “A” rating by A.M. Best and “A+" (Strong) rating by Standard & Poor’s.
For more information, please contact us.
Top Layer Reinsurance Ltd.
Top Layer Re was founded in 1999 to underwrite reinsurance and retrocessional reinsurance for very high layers of catastrophe programs on a world-wide basis (excluding the U.S., and Caribbean windstorm). These layers are generally higher than those written by Renaissance Reinsurance. Top Layer offers innovative, custom-designed products and programs backed by outstanding financial security and strong claims-paying ability.
Top Layer is a joint venture owned 50% by Renaissance Reinsurance and 50% by State Farm Mutual Automobile Insurance Company (“State Farm”), the largest property-casualty insurance company in the U.S. Top Layer’s business is exclusively managed and underwritten by RUM, a part of our Ventures group, pursuant to a long-term arrangement and benefits from Renaissance Reinsurance‘s proprietary risk-modeling technology and disciplined underwriting expertise.
Top Layer is rated AA (“Very Strong”) by Standard and Poor’s and A+ (“Superior”) by A.M. Best.
For more information, please contact us.
Renaissance Reinsurance of Europe
Based in Dublin, Renaissance Reinsurance of Europe is a fully capitalized reinsurance company formed in 1998. The company is regulated by the Irish Financial Regulator after Ireland became the first country to implement the EU Reinsurance Directive. Renaissance Reinsurance of Europe also serves as a modeling, software development and marketing base for the RenaissanceRe group of companies.
For more information, please contact us.
RenaissanceRe Syndicate 1458
RenaissanceRe Syndicate 1458 was established in April 2009, with property and specialty business underwritten from June 1, 2009. RenaissanceRe Syndicate 1458 enables the Company to execute across the diverse range of markets available through Lloyd’s of London, to respond more effectively to the needs of both U.S. and international customers.
For more information, please contact us.
RenaissanceRe Ventures Ltd.
RenaissanceRe Ventures Ltd. leverages RenaissanceRe’s core reinsurance experience and expertise by structuring joint ventures and other strategic relationships. These include:
- Property catastrophe managed joint ventures (Top Layer Re and DaVinci Re)
- Customized reinsurance transactions
- Strategic equity and/or debt investments
- Business development joint ventures and other investments (eg: Channel Re and Platinum Re)
For more information, please contact us.
Renaissance Underwriting Managers Ltd.
Renaissance Underwriting Managers Ltd. (“RUM”), part of our Ventures group, acts as an underwriting manager for our joint ventures. In addition, RUM supports the RenaissanceRe organization by providing structured reinsurance solutions.
RUM also provides management services to strategic partners by acting as an underwriting agent, providing consulting services or acting as a principal representative. The company focuses on:
- providing high quality, responsive service;
- utilizing RenaissanceRe’s REMS© system to evaluate submissions, manage portfolios of reinsurance and manage capital; and
- underwriting risks, processing contracts, and providing accounting, financial and exposure management.
For more information, please contact us.
RenRe Energy Advisors Ltd.
RenRe Energy Advisors Ltd. ("REAL") offers a range of energy and weather-related risk management solutions.
REAL specializes in traditional weather derivative structures and has gained particular recognition for its industry-leading bespoke, dual-trigger weather risk management products, as well as its capability for risk management solutions involving physical storage and delivery of natural gas.
For more information about RenRe Energy Advisors Ltd., visit www.renre.com/Energy/
For more information, please contact us.
WeatherPredict Consulting Inc.
WeatherPredict Consulting Inc., a U.S. affiliate of RenaissanceRe, provides innovative science-driven analysis that enables clients to make informed decisions. The company provides intelligence on atmospheric perils to a range of entities with an interest in anticipating the occurrence and outcome of weather events. Our team of leading advanced scientists draws upon expertise in oceanography, meteorology, wind engineering, aerodynamics and computer simulation to provide incisive, robust analyses of the risks our clients face.
For more information about WeatherPredict Consulting Inc., visit www.weatherpredict.com
For more information, please contact us.
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