Hashtag: #RenaissanceRe
RenaissanceRe Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. voted to increase the Company’s quarterly dividend to $0.39 per common share, from $0.38 per common share. The Company has increased its dividend during each of the twenty-nine years since its initial public offering. The dividend is payable on March 29, 2024, to shareholders of record on March... Read more of this article
RenaissanceRe Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.38 per common share on its common shares. The dividend is payable on December 29, 2023, to shareholders of record on December 15, 2023. Related Stories RenaissanceRe Announces Quarterly Dividend RenaissanceRe Announces Quarterly Dividend AM Best: RenaissanceRe... Read more of this article
ABIR Congratulates RenRre On Acquisition
The Association of Bermuda Insurers and Reinsurers [ABIR] said they “welcomed the news that RenaissanceRe Holdings Ltd. has successfully closed its acquisition of Validus Re and its subsidiaries from American International Group [AIG].” A spokesperson said, “ABIR member RenaissanceRe becomes the fifth-largest property and casualty... Read more of this article
RenaissanceRe Acquires Validus Reinsurance
RenaissanceRe Holdings Ltd. has completed its acquisition of Validus Re, the treaty reinsurance business of American International Group, Inc. A spokesperson said, “RenaissanceRe Holdings Ltd. today announced that it has concluded its acquisition of Validus Re, the treaty reinsurance business of American International Group, Inc which includes... Read more of this article
RenaissanceRe Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.38 per common share on its common shares. The dividend is payable on September 29, 2023, to shareholders of record on September 15, 2023. Related Stories RenaissanceRe Announces Quarterly Dividend RenaissanceRe Announces Quarterly Dividend AM Best: RenaissanceRe... Read more of this article
RenaissanceRe Appoint Group Chief Risk Officer
RenaissanceRe announced that Robin Lang will assume the role of Group Chief Risk Officer on a permanent basis on September 1, 2023. Mr. Lang has been RenaissanceRe’s Interim Chief Risk Officer since April 2023 and will succeed Ian Branagan in the role. Mr. Branagan is currently on compassionate leave, and going forward will serve as a... Read more of this article
RenaissanceRe Celebrates 30th Anniversary
RenaissanceRe Holdings is celebrating its 30th anniversary today. The Company was founded in Bermuda in 1993 as an underwriter of property catastrophe and specialty reinsurance and has evolved into a leading global property, casualty and specialty reinsurer with platforms in seven countries and $9.2B in gross written premium in 2022. Kevin J. O’Donnell,... Read more of this article
Carey Olsen Acts For RenRe On $3B Acquisition
Carey Olsen has acted as Bermuda legal advisor to RenaissanceRe Holdings Ltd on its $2.985 billion acquisition of American International Group Inc.’s [AIG] treaty reinsurance business. A spokesperson said, “AIG’s treaty reinsurance business includes Validus Reinsurance Ltd. and its consolidated subsidiaries, AlphaCat Managers Ltd and its... Read more of this article
RenaissanceRe: $750M Senior Notes Offering
RenaissanceRe Holdings announced today that it has agreed to sell in an underwritten public offering $750 million aggregate principal amount of 5.750% Senior Notes due 2033. “The Company expects to close the offering on or about June 5, 2023, subject to the satisfaction of customary closing conditions,” a spokesperson said. “The Company... Read more of this article
AM Best: RenaissanceRe Ratings Are Unchanged
AM Best said that the ratings of RenaissanceRe Holdings Ltd. ”are unchanged” following the announcement it has entered into an agreement to acquire the treaty reinsurance business of American International Group. A statement from the ratings agency said, “The business to be acquired by RenaissanceRe includes Validus Reinsurance Ltd.... Read more of this article
RenRe Announce Pricing Of Common Shares
RenaissanceRe Holdings Ltd. [RNR] announced the pricing of an underwritten public offering of 6,300,000 of its common shares at a price to the public of $192.00 per share, before underwriting discounts and commissions. A spokesperson said, “The offering is expected to close on May 26, 2023, subject to customary closing conditions. The Company... Read more of this article
RenaissanceRe To Acquire Validus Reinsurance
Renaissancere Holdings  announced it has “entered into a definitive agreement with American International Group, Inc., whereby RenaissanceRe will acquire AIG’s treaty reinsurance business, which includes Validus Reinsurance Ltd. and its consolidated subsidiaries, AlphaCat Managers Ltd. and its managed funds, and all renewal rights to the Assumed... Read more of this article
RenaissanceRe Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.38 per common share on its common shares. The dividend is payable on June 30, 2023, to shareholders of record on June 15, 2023. Related Stories RenaissanceRe Announces Quarterly Dividend RenaissanceRe Announces Quarterly Dividend RenaissanceRe Announces Quarterly... Read more of this article
RenRe Declares $0.38 Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. today voted to increase the Company’s quarterly dividend to $0.38 per common share, from $0.37 per common share. The Company has increased its dividend during each of the twenty-eight years since its initial public offering. The dividend is payable on March 31, 2023, to shareholders of record... Read more of this article
RenaissanceRe Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.37 per common share on its common shares. The dividend is payable on December 30, 2022, to shareholders of record on December 15, 2022. Related Stories RenaissanceRe Announces Quarterly Dividend RenaissanceRe Announces Quarterly Dividend RenaissanceRe Announces... Read more of this article
RenRe Appoints David Marra & Ross Curtis
RenaissanceRe announced the appointment of David Marra and Ross Curtis. A spokesperson said, “RenaissanceRe Holdings Ltd. today announced the appointments of David Marra to EVP, Group Chief Underwriting Officer and Chief Executive Officer of Renaissance Reinsurance U.S. Inc. and Ross Curtis to EVP, Chief Portfolio Officer. These changes are effective... Read more of this article
