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RenRe Expect $180M Loss From Winter Storm

RenRe Expect $180M Loss From Winter Storm

RenaissanceRe announced it estimates that “losses from Winter Storm Uri will have a net negative impact of approximately $180 million on the Company’s first quarter 2021 results of operations.” A spokesperson said, “Winter Storm Uri was a major wind and ice storm that impacted the U.S. in February 2021, causing widespread damage... Read more of this article

RenaissanceRe Rebrands Ventures Business

RenaissanceRe Rebrands Ventures Business

RenaissanceRe announced that it will be rebranding its Ventures business as ‘RenaissanceRe Capital Partners.’ “Chris Parry, SVP, Global Head – Capital Partners [pending Bermuda Immigration approval], will lead this business and report to Kevin O’Donnell, President and Chief Executive Officer,” the company said. “RenaissanceRe... Read more of this article

RenRe Announce $0.36 Quarterly Dividend

RenRe Announce $0.36 Quarterly Dividend

The Board of Directors of RenaissanceRe Holdings Ltd. voted to increase the Company’s quarterly dividend to $0.36 per common share, from $0.35 per common share. The Company has increased its dividend during each of the twenty-six years since its initial public offering. The dividend is payable on March 31, 2021, to shareholders of record on March... Read more of this article

RenaissanceRe Reports Fourth Quarter Results

RenaissanceRe Reports Fourth Quarter Results

RenaissanceRe Holdings reported net income available to RenaissanceRe common shareholders of $189.8 million, or $3.74 per diluted common share, in the fourth quarter of 2020, compared to $33.8 million, or $0.77 per diluted common share, in the fourth quarter of 2019. Operating loss attributable to RenaissanceRe common shareholders was $77.1 million,... Read more of this article

RenaissanceRe: Three Strategic Focus Areas

RenaissanceRe: Three Strategic Focus Areas

RenaissanceRe Holdings Ltd. has announced three strategic focus areas as part of its Environmental, Social and Governance [ESG] strategy: Promoting Climate Resilience; Closing the Protection Gap; and Inducing Positive Societal Change. More information can be found on RenaissanceRe’s new ESG website which provides insight into key sustainability activities... Read more of this article

RenaissanceRe Expect ‘Net Negative Impact’

RenaissanceRe Expect ‘Net Negative Impact’

RenaissanceRe announced it estimates that losses from weather-related catastrophe events and certain losses related to the COVID-19 pandemic will have a “net negative impact on the Company’s fourth quarter 2020 results of operations.” “For the fourth quarter of 2020, the Company expects to report net income available to common shareholders;... Read more of this article

RenaissanceRe Names Bender As Counsel

RenaissanceRe Names Bender As Counsel

RenaissanceRe Holdings Ltd. announced that Shannon Lowry Bender will assume the role of Senior Vice President, Group General Counsel and Corporate Secretary effective January 1, 2021. She succeeds Stephen Weinstein, Executive Vice President, Group General Counsel, Corporate Secretary and Chief Compliance Officer, who will be departing RenaissanceRe... Read more of this article

RenaissanceRe Announces Quarterly Dividend

RenaissanceRe Announces Quarterly Dividend

The Board of Directors of RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.35 per common share on its common shares. The dividend is payable on December 31, 2020, to shareholders of record on December 15, 2020. Related StoriesRenaissanceRe Rebrands Ventures Business RenaissanceRe Reports Fourth Quarter Results RenaissanceRe... Read more of this article

RenaissanceRe Announces Quarterly Dividend

RenaissanceRe Announces Quarterly Dividend

The Board of Directors of RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.35 per common share on its common shares. The dividend is payable on December 31, 2020, to shareholders of record on December 15, 2020. Related StoriesRenaissanceRe Rebrands Ventures Business RenaissanceRe Reports Fourth Quarter Results RenaissanceRe... Read more of this article

RenaissanceRe Reports Third Quarter Results

RenaissanceRe Reports Third Quarter Results

RenaissanceRe Holdings reported net income available to RenaissanceRe common shareholders of $47.8 million, or $0.94 per diluted common share, in the third quarter of 2020, compared to $36.7 million, or $0.83 per diluted common share, in the third quarter of 2019. Operating loss attributable to RenaissanceRe common shareholders was $131.7... Read more of this article

RenRe Expect Q3 Catastrophe Loss Of $325M

RenRe Expect Q3 Catastrophe Loss Of $325M

RenaissanceRe Holdings Ltd. announced it currently estimates that losses from third quarter 2020 catastrophe events will have an estimated net negative impact of approximately $325 million on its third quarter 2020 results of operations. A spokesperson said, “The estimated net negative impact is primarily driven by losses from Hurricanes Laura and... Read more of this article

Michael Doak To Leave RenaissanceRe

Michael Doak To Leave RenaissanceRe

RenaissanceRe Holdings announced that Michael Doak, Senior Vice President and Portfolio Manager for the Company’s strategic investment portfolio, “will be departing to launch Griffin Highline Capital, a new private investment firm focused on the insurance industry.” Kevin J. O’Donnell, Chief Executive Officer of RenaissanceRe, said:... Read more of this article

RenaissanceRe Announces Quarterly Dividend

RenaissanceRe Announces Quarterly Dividend

The Board of Directors of RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.35 per common share on its common shares. The dividend is payable on September 30, 2020, to shareholders of record on September 15, 2020. Related StoriesRenaissanceRe Rebrands Ventures Business RenaissanceRe Reports Fourth Quarter... Read more of this article