RenaissanceRe Launches New Property Catastrophe Reinsurer Backed By PGGM
PEMBROKE, Bermuda - RenaissanceRe Holdings Ltd. (NYSE:RNR) (“RenaissanceRe”) and Dutch pension fund manager PGGM announced today the creation of Vermeer Reinsurance Ltd. (“Vermeer”) to provide capacity focused on risk remote layers in the U.S. property catastrophe market.