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RenaissanceRe Capital Partners third-party AUM rises to $8.54bn at mid-2026
Assets under management climbed about 5.5% year over year to $8.54 billion as the manager returned some capital and adjusted vehicle sizes.
RenaissanceRe Capital Partners, the specialist third-party capital management division of RenaissanceRe, increased its partnering investor capital managed across joint-venture reinsurance and insurance-linked securities strategies by about 5.5% over the past year to end June 2026 with $8.54 billion of assets under management, according to Artemis.
Artemis said growth continued in the last quarter at a slower pace, and that RenaissanceRe Capital Partners’ third-party AUM remained below the high reached at the end of 2025 when it surpassed $9 billion. The outlet attributed part of the movement to the firm managing down the size of some vehicles and delivering returns of capital to investors, alongside keeping third-party capital matched to opportunities in a softened property catastrophe reinsurance market.
Artemis reported that third-party investor capital across RenaissanceRe Capital Partners’ managed joint ventures and ILS funds rose from $8.09 billion at the end of June 2025 to $9.08 billion by the end of 2025, then declined to $8.24 billion at the start of 2026. It later rose to $8.46 billion by March 31 and to $8.54 billion as of June 30.
The report said most of the returns of capital and subsequent AUM growth were seen in the balance sheet vehicles, including the sidecar-like DaVinci Re and the PGGM partnership reinsurer Vermeer Re. DaVinci Re’s third-party AUM totaled $3.69 billion across equity and debt at mid-year 2026, up from $3.35 billion at January 1, while Vermeer Re had $1.89 billion at June 30, slightly higher than $1.77 billion at Jan. 1.