Renaissancere launches new casualty and specialty joint venture – fontana holdings l.p.

Pembroke, bermuda--(business wire)--renaissancere holdings ltd. (nyse: rnr) (“renaissancere” or the “company”) today announced the creation of fontana holdings l.p. and its subsidiaries (collectively, “fontana”), an innovative joint venture dedicated to writing casualty and specialty risks. fontana launched with $475 million of capital and targets institutional investors, who contributed $325 million, with the remaining capital coming from renaissancere. fontana assumed a whole account quota sh
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