RenaissanceRe Capital Partners

RenaissanceRe Capital Partners Capital Partners Team Contact Our ILS Team Investor E-Café Login We are an industry-leading manager of ILS capital, serving the needs of large institutional investors by bringing RenaissanceRe’s reputation for superior risk selection and portfolio construction to our insurance-linked strategies. Our unique hybrid model of owned and managed capital provides broad access to risk, specialized underwriting and strong governance, and promotes the alignment of our interests with those of our investors. About Us More than two decades ago, RenaissanceRe Capital Partners pioneered the matching of attractive insurance-linked risk with partner capital. Since then, we have expanded our offerings to encompass RenaissanceRe’s property and casualty & specialty underwriting portfolio, providing our investors with access to the broad range of uncorrelated asset classes that they seek when constructing their portfolios. KEY CONTACT Chris Parry Global Head – Capital Partners Property and Casualty & Specialty Vehicles 7 Total Partner Capital 1 $14.9B Dedicated Professionals 35+ Largest ILS Manager 2 #1 (1) Partner capital includes RenaissanceRe’s co-investment and ownership in DaVinci, Fontana, Medici, Medici UCITS Fund, Top Layer and Upsilon, as well as third-party capital in DaVinci (plus debt), Fontana (plus debt), Medici, Medici UCITS Fund, Top Layer, Upsilon and Vermeer. Figures reflected as follows: DaVinci common shareholders’ equity and debt; Top Layer’s equity capital, supported by a $75M credit facility plus $3.9B stop loss reinsurance provided by State Farm; Vermeer common shareholders’ equity; Upsilon, Medici and SMAs as total capital invested in non-voting participating shares; Medici UCITS represents total capital invested in participating shares. (2) Source: Insurance Insider ILS Fund Manager Directory, as of July 2025. Based on third-party capital, not including RenaissanceRe’s co-investment. Adjustments to source figures for RenaissanceRe include addition of $4 billion related to Top Layer. All information as of December 31, 2025 unless otherwise stated. Our Vehicles Top Layer Re Ltd. Established Bermuda, 1999 Ratings S&P: AA | A.M. Best: A+ Investors 50/50 joint venture with State Farm Why Formed In response to clients’ desires to have highly secure and rated balance sheets at the top end of their catastrophe reinsurance programs Target Business Non-U.S. risk remote layers of property catastrophe reinsurance market DaVinci Reinsurance Ltd. Established Bermuda, 2001 Ratings S&P: A+ | A.M. Best: A Investors RenaissanceRe, pension plans, endowments, financial investors, others Why Formed Created in the weeks following 9/11 to bring capacity to the property catastrophe reinsurance market Target Business Property catastrophe reinsurance and certain low frequency, high severity specialty reinsurance lines of business on a global basis Branches Singapore & Switzerland RenaissanceRe Medici Fund Ltd. Established Bermuda, 2009 Investors RenaissanceRe, pension plans, endowments, financial investors, and others Why Formed/Target Business To invest substantially all its assets in various insurance-based investment instruments that have returns primarily correlated to property catastrophe risk (principally Cat Bonds) Fund Format Open-ended fund Upsilon Fund Strategy Established Bermuda, 2012 Investors RenaissanceRe, pension plans, endowments, financial investors, and others Target Business Provides property catastrophe reinsurance and retrocessional protection (across a range of risk profiles) on a collateralized basis Fund Format Open-ended fund Vermeer Reinsurance Ltd. Established Bermuda, 2018 Ratings A.M. Best: A Investors Stichting Pensioenfonds Zorg en Welzijn, a pension fund represented by PGGM Why Formed In response to clients’ desires to have highly secure and rated balance sheets at the top end of their catastrophe reinsurance programs Target Business U.S. risk remote layers of property catastrophe reinsurance market Fontana Holdings L.P. Established Bermuda, 2022 Ratings A.M. Best: A | Fontana Reinsurance Ltd. A.M. Best: A | Fontana Reinsurance U.S. Ltd. Investors RenaissanceRe and institutional investors Why Formed Innovative joint venture dedicated to writing casualty & specialty risks Target Business Whole account quota share of casualty & specialty business, including credit RenaissanceRe Medici UCITS Fund Established Ireland, 2025 Investors RenaissanceRe, pension plans, endowments, financial investors Why Formed/Target Business To invest substantially all its assets in various insurance-based investment instruments that have returns primarily correlated to property catastrophe risk (principally Cat Bonds) Fund Format UCITS, Open-ended fund Our History Backed by deep expertise and a commitment to share our investors’ risk, we have more than two decades of proven experience creating innovative joint ventures and special purpose vehicles that match desirable risk with partner capital. 2025 Medici UCITS Fund Established to provide European and other global investors with access to our property catastrophe bond investment strategy through a dedicated European-regulated UCITS structure. Complements RenaissanceRe Medici Fund Ltd. 2022 Fontana RenaissanceRe’s first joint venture 100% dedicated to writing casualty and specialty risks, including long-tail lines 2018 Vermeer Focused on risk remote layers in the U.S. property catastrophe market 2017 Fibonacci Re Formed to provide collateralized capacity to RenaissanceRe via private placement of participating notes listed on the Bermuda Stock Exchange. Four series issued 2012 Upsilon Fund Strategy Open-ended fund to provide capacity to the reinsurance and retrocessional property catastrophe markets through a collateralized reinsurance structure 2009 Medici Open-ended fund created to facilitate investment in the growing catastrophe bonds (ILS) market using RenaissanceRe and third-party capital 2006 Timicuan Re Partnered with financial investors to create short-dated vehicles, which were only renewed in 2009 and 2012, targeting Reinstatement Premium Protection covers in Florida 2006 Starbound Short-dated portfolio, which was only renewed in 2007, of Atlantic windstorm-exposed accounts underwritten and managed by RenaissanceRe 2001 DaVinci Re Joint venture formed to provide capacity following 9/11 with additional capacity in 2005 following Hurricanes Katrina, Rita and Wilma 1999 Top Layer Re Joint venture with State Farm targeting high layers of non-U.S. catastrophe reinsurance business 1993 RenaissanceRe Company is founded in Bermuda Our Key Differentiators RenaissanceRe Capital Partners delivers a differentiated model focusing on long-term partnerships, excellent service and bringing high-quality capacity to the market. Access to Risk years of client relationships (since 1993) Capacity across multiple balance sheets Composite covers across property catastrophe and casualty & specialty Underwriting Proprietary Pricing and Risk System Disciplined approach Our models evolve quickly to reflect losses and changes to climate Alignment of Interest We invest in or partner alongside our investors in every vehicle Approximately $1.5B of RenaissanceRe capital invested Exposed capital is greater than our fees All information as of September 30, 2025, unless otherwise stated. Sustainability RenaissanceRe’s sustainability strategy focuses on core areas where we can apply our business strengths to make a meaningful impact on society. Find out more Key Contacts Chris Parry Global Head – Capital Partners Business Development and Investor Relations Laura Bonanno Head of Business Development and Investor Relations Christian Husby Business Development Americas Ed Johnson Business Development EMEA and APAC Operations Keenan Press Head of Operations Portfolio Management Sebastien Iaxx Head of Portfolio Management Manjit Varwandkar Portfolio Manager Structuring Dave Courcy Head of Structuring Legal Anne Korenblit Chief Counsel Carl Stapen Legal Counsel Finance Veronique Bernard Head of Finance David Hoey Controller