RenRe: Retro vehicle Upsilon shrinks available 1.1 limit but DaVinci and Medici grow
RenaissanceRe confirmed the shrinkage of its managed Upsilon retro vehicle at 1.1 but said the significant fundraising during 2021 and at the start of 2022 that grew its JV DaVinci and cat bond fund Medici was testament to its Capital Partners unit and the Bermudian’s track record over 20 years.