RenRe losses widen in Q1 but CEO bullish on improving market

05-05-2022

RenRe losses widen in Q1 but CEO bullish on improving market

Losses at reinsurance group RenaissanceRe widened in the first quarter of 2022, reflecting net negative impact from losses related to the Ukraine war and exposure to numerous natural catastrophes. Its chief executive Kevin O’Donnell (pictured), however, sees reason for optimism in the improving pricing environment with “material” increases across most lines.


RenRe, Q1, GWP, Casualty, Specialty, Kevin O’Donnell, Europe, Insurance, Reinsurance

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