RenRe CEO expects ~$10bn of additional US cat limit purchase in 2025, sees rates trading at current levels

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Reinsurance News - Nov 07, 2024

President and Chief Executive Officer (CEO) of Bermudian reinsurer RenaissanceRe (RenRe), Kevin J. O’Donnell, expects U.S. catastrophe limit purchases to increase by around $10 billion in 2025, and foresees property cat reinsurance rates trading at current levels at the January 1st, 2025, rene...

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