Kevin O'Donnell explained how RenaissanceRe navigated the competitive renewals to construct a property cat book it deems rate adequate
RenRe’s property cat book still rate adequate: CEO
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RenRe’s property cat book still rate adequate, tactics evolve with the market: CEO O’Donnell
 RenaissanceRe’s property catastrophe reinsurance portfolio remains rate adequate at today’s pricing, CEO Kevin O’Donnell said today, laying out the shift in tactics the reinsurer employed in response to market conditions at the mid-year renewals.
O’Donnell stated, “Our strategy does not change from quarter to quarter. We manage the business to build efficient portfolios of risk that maximise profitability. What does change, however, are the tactics we employ to achieve that strategy as markets shift. You can see this in action at the mid-year renewals.”
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