Nat cat business needs ‘step change’ in rates: RenRe’s O’Donnell
Chief executive says he expects the Bermudian reinsurer will have less exposure at the lower end of coverage in future, saying it was 'determined to make sure there is no gratuitous exposure'
Catastrophe reinsurance must be the ‘most profitable’ part of P&C business to keep investors attracted, Bermuda-based group’s chief executive says, as company plans ‘substantial’ rate increases at 1/1