Hashtag: #RenaissanceRe
RenaissanceRe Declare Quarterly Dividend
The Board of Directors of Bermuda-based RenaissanceRe Holdings Ltd. voted to increase the Company’s quarterly dividend to $0.32 per common share, from $0.31 per common share. The Company has increased its dividend during each of the twenty-two years since its initial public offering. The dividend is payable onMarch 31, 2017 to shareholders of... Read more of this article
RenRe Report Q4 2016 Net Income Of $69.4M
Bermuda-based RenaissanceRe Holdings reported net income available to RenaissanceRe common shareholders of $69.4 million, or $1.69 per diluted common share, in the fourth quarter of 2016, compared to $92.2 million, or $2.09 per diluted common share, in the fourth quarter of 2015. Operating income available to RenaissanceRe common shareholders was... Read more of this article
RenaissanceRe Form Fibonacci Reinsurance
Renaissance Reinsurance Ltd. announced the formation of Fibonacci Reinsurance Ltd., a Special Purpose Insurer domiciled in Bermuda. “Fibonacci Re was formed to provide collateralized capacity to Renaissance Reinsurance, the principalBermuda-based reinsurance subsidiary of RenaissanceRe Holdings Ltd,” the company said. “Fibonacci Re,... Read more of this article
Reinsurers Donate For Girls STEAM Education
The Bermuda High Schoool for Girls announced that Arch Capital Group Ltd. and RenaissanceRe will each make a significant gift to the school in support of advancing its STEAM [Science, Technology, Engineering, Art & Design and Mathematics] programme. Work will begin in 2017 to advance curricular and extra-curricular offerings, upgrade the science... Read more of this article
RenaissanceRe Report Net Income Of $146.8M
Bermuda-based RenaissanceRe Holdings Ltd. reported net income available to RenaissanceRe common shareholders of $146.8 million, or $3.56 per diluted common share, in the third quarter of 2016, compared to $75.5 million, or $1.66 per diluted common share, respectively, in the third quarter of 2015. Operating income available to RenaissanceRe common... Read more of this article
Finance Leadership Team Changes At RenRe
RenaissanceRe Holdings announced several key leadership changes in its Finance function effective December 31, 2016. James “Jamie” C. Fraser has been named SVP, Chief Accounting Officer, responsible for oversight of forecasting, planning and analysis; controls, financial reporting and tax. He will report to Robert Qutub, Chief Financial Officer. Reporting... Read more of this article
Minister Baron Visits Offices Of RenaissanceRe
Yesterday [Sept 12] National Security Minister Jeffrey Baron visited the offices of RenaissanceRe at Windward Place to discuss Bermuda’s strength, resilience and solid reputation as an offshore centre. The RenaissanceRe meeting is an annual one which brings together the reinsurance company’s executives as well as its Legal, Regulatory and Compliance... Read more of this article
Fitch Affirms RenaissanceRe’s Ratings
Fitch Ratings has affirmed the ratings of RenaissanceRe Holdings Ltd. and its subsidiaries, including RNR’s Long-Term Issuer Default Rating [IDR] at ‘A’, and the Insurer Financial Strength [IFS] rating of Renaissance Reinsurance Ltd. at ‘A+’. The Rating Outlook is Stable. A statement from the ratings agency said, “Fitch’s... Read more of this article
RenaissanceRe Declare $0.31 Dividend
Bermuda-based RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.31 per common share on its common stock. The dividend is payable on September 30, 2016 to shareholders of record on September 15, 2016. In addition, the Board of Directors approved an increase in RenaissanceRe’s share repurchase program, bringing the total current... Read more of this article
RenaissanceRe Reports Net Income Of $136.3M
Bermuda-based RenaissanceRe Holdings Ltd. reported net income available to RenaissanceRe common shareholders of $136.3 million, or $3.22 per diluted common share, in the second quarter of 2016, compared to $73.2 million, or $1.59 per diluted common share, respectively, in the second quarter of 2015. Operating income available to RenaissanceRe common... Read more of this article
RenRe Makes Executive Management Changes
Bermuda-based RenaissanceRe Holdings Ltd. announced that Jeffrey D. Kelly, 62, will retire effective September 15, 2016. He will be succeeded as Chief Financial Officer by Robert Qutub effective August 8, 2016 and will remain Chief Operating Officer until September 15, 2016. Following his retirement, Mr. Kelly will serve as an advisor to the Company. Kevin... Read more of this article
Video: RenRe & Premier Ring NYSE Closing Bell
The Bermuda flag graced the iconic New York Stock Exchange this afternoon [June 2] as the NYSE welcomed Premier Michael Dunkley and executives and guests of RenaissanceRe Holdings Ltd. to ring the closing bell to highlight their 20th Anniversary of listing and the New York Recovery and Resilience Leadership Forum. The New York Recovery & Resilience... Read more of this article
