Printed from

ILS industry must provide returns or lose their capital: RenRe

Posted On: Nov. 4, 2022 10:03 AM CST

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.