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Markets/Coverages: RenaissanceRe Launches Property Catastrophe Bond Fund

RenaissanceRe Holdings Ltd. announced the launch of an Irish-domiciled property catastrophe bond fund, RenaissanceRe Medici UCITS Fund (Medici UCITS). A sub-fund of RenaissanceRe Medici ICAV, Medici UCITS is purpose-built to provide European and other global investors with access to RenaissanceRe’s …

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Australia’s Prudential Watchdog Targets Longest-Serving Board Directors

Australia’s prudential regulator has long-serving board directors in its sights with a proposal to limit their terms to 10 years. The Australian Prudential Regulation Authority’s suggestion was one of several in a discussion paper released Thursday aimed at bolstering governance …

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