Renaissancere Holdings Ltd., established on June 7, 1993 as an insurance company permitted by Bermuda law to underwrite catastrophic accidents, is today the world's leading provider of insurance and reinsurance and related businesses. The company mainly focuses on reinsurance business, providing property insurance, accident insurance and special insurance reinsurance, as well as some insurance solutions, mainly through intermediaries. Renaissancere conducts its underwriting business using a portfolio-based reinsurance model, mainly through entrusted authorization arrangements, and creates and manages joint ventures and managed funds through its capital partner division, thereby providing investment channels for the portfolios constructed by the underwriters. In addition, the company executes customized reinsurance transactions, manages strategic investments, and evaluates opportunities for diversification through organic growth, joint ventures, managed funds or acquisitions. Its business is divided into two reportable segments: property insurance (including catastrophe and other property (reinsurance)) and accident and special insurance (including general accident, occupational liability, credit and other special (reinsurance), and the underwriting performance of consolidated subsidiaries and platforms is allocated to these segments in an appropriate manner.
