Standard & Poor’s assigned 'BB-'  ratings to the class A notes issued by Renaissance Re and DaVinci Re $150 million catastrophe bond called Mona Lisa Re (Series 2013-2).

DaVinci Re is part of the ventures group of Renaissance Re.  It provides property catastrophe reinsurance against natural and man-made disasters and specialty reinsurance for certain other risks, primarily in areas where it can take advantage of Renaissance Re’s catastrophe reinsurance expertise.

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