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ILS industry must provide returns or lose their capital: RenRe

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Kevin O’Donnell, chief executive at Bermuda-based reinsurer RenaissanceRe Holdings Ltd., said that the reinsurance and insurance-linked securities industry must provide returns to its investors and shareholders or risk losing their capital, Artemis reported. Mr. O’Donnell added that a change in the pricing and structuring of reinsurance coverage is required to ensure safety for investors.

 

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