Hashtag: #RenaissanceRe

RenRe Estimate $90M Impact From Wildfires

RenRe Estimate $90M Impact From Wildfires

Bermuda-based RenaissanceRe Holdings said it currently estimates that losses from the October 2017 California Wildfires will have a net negative impact of $90 million on its fourth quarter 2017 results of operations. The California Wildfires caused widespread damage to both personal and commercial property in and around the impacted regions.Kevin... Read more of this article

Improving Natural Catastrophe Resiliency Forum

Improving Natural Catastrophe Resiliency Forum

In light of the rise in natural catastrophe events occurring during the 2017 Atlantic hurricane season, approximately 100 leading insurance industry experts, policy makers, scientists and environmentalists gathered at Lloyd’s of London yesterday to discuss strategies for improving natural catastrophe resiliency and closing the protection coverage... Read more of this article

RenRe Hosts Female Students For Career Day

RenRe Hosts Female Students For Career Day

RenaissanceRe Holdings hosted 42 female students from eight senior schools at a Career Day and mentoring event. The event was coordinated by the Company’s Women’s Forum, an employee resource group focusing on providing activities and resources that empower women. “Our goal is for the girls to leave with a good understanding of our... Read more of this article

RenRe Declare $0.32 Quarterly Dividend

RenRe Declare $0.32 Quarterly Dividend

The Board of Directors of RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.32 per common share on its common stock. The dividend is payable on December 29, 2017 to shareholders of record on December 15, 2017. In addition, the Board of Directors approved an increase in RenaissanceRe’s share repurchase program, bringing the total... Read more of this article

RenaissanceRe Report Net Loss Of $504.8M

RenaissanceRe Report Net Loss Of $504.8M

Bermuda-based RenaissanceRe Holdings reported a net loss attributable to RenaissanceRe common shareholders of $504.8 million, or $12.75 per diluted common share, in the third quarter of 2017, compared to net income available to RenaissanceRecommon shareholders of $146.8 million, or $3.56 per diluted common share, in the third quarter of 2016. Operating... Read more of this article

RenRe Donate $250,000 For ‘Living Classroom’

RenRe Donate $250,000 For ‘Living Classroom’

RenaissanceRe Holdings Ltd. presented the Bermuda Zoological Society with a $250,000 donation in support of the science education and experiential learning programs offered through the Trunk Island Living Classroom. The Company’s donation will be used to meet the infrastructure needs of the classroom and Trunk Island-based programs, including the... Read more of this article

RenRe Estimate $625M From Storms & Quake

RenRe Estimate $625M From Storms & Quake

Bermuda-based RenaissanceRe Holdings Ltd. said it anticipates an initial estimated net negative impact of $625 million from Hurricanes Harvey, Irma and Maria and the Mexico City Earthquake. The Company currently estimates that losses from Hurricanes Harvey and Irma will have a net negative impact of approximately $225 million and $175 million, respectively,... Read more of this article

Hennes & Rahmani Join RenaissanceRe Board

Hennes & Rahmani Join RenaissanceRe Board

RenaissanceRe Holdings Ltd. announced that Duncan P. Hennes, 60, and Dr. Valerie Rahmani, 59, have been appointed to serve as independent directors effective August 2, 2017. Mr. Hennes is the Co-Founder and Partner of Atrevida Partners, LLC. Dr. Rahmani most recently served as Chief Executive Officer of Damballa, Inc., a privately-held cyber-security... Read more of this article

RenRe Declare $0.32 Quarterly Dividend

RenRe Declare $0.32 Quarterly Dividend

The Board of Directors of Bermuda-based RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.32 per common share on its common stock. The dividend is payable on September 29, 2017 to shareholders of record on September 15, 2017. In addition, the Board of Directors approved an increase in RenaissanceRe’s share repurchase program,... Read more of this article

RenaissanceRe Report Net Income Of $171.1M

RenaissanceRe Report Net Income Of $171.1M

Bermuda-based RenaissanceRe Holdings Ltd.  reported net income available to RenaissanceRe common shareholders of $171.1 million, or $4.24 per diluted common share, in the second quarter of 2017, compared to $136.3 million, or $3.22 per diluted common share, in the second quarter of 2016. Operating income available to RenaissanceRe common... Read more of this article

RenRe Declare $0.32 Quarterly Dividend

RenRe Declare $0.32 Quarterly Dividend

Bermuda-based RenaissanceRe Holdings Ltd. announced  a quarterly dividend of $0.32 per common share on its common stock. The dividend is payable on June 30, 2017 to shareholders of record on June 15, 2017. In addition, the Board of Directors approved an increase in RenaissanceRe’s share repurchase program, bringing the total current authorization... Read more of this article

RenaissanceRe Report Net Income Of $92.4M

RenaissanceRe Report Net Income Of $92.4M

Bermuda-based RenaissanceRe Holdings Ltd. reported net income available to RenaissanceRe common shareholders of $92.4 million, or $2.25 per diluted common share, in the first quarter of 2017, compared to $128.0 million, or $2.95 per diluted common share, in the first quarter of 2016. Operating income available to RenaissanceRe common shareholders... Read more of this article

RenRe Estimate Ogden Rate Change Impact

RenRe Estimate Ogden Rate Change Impact

Bermuda-based RenaissanceRe Holdings Ltd. announced the estimated impact of the U.K. Ministry of Justice’s recent announcement of a decrease in the discount rate used to calculate lump sum awards in U.K. bodily injury cases, known as the Ogden rate. Effective March 20, 2017, the Ogden rate changed from plus 2.5% to minus 0.75%, a decrease of... Read more of this article