Hashtag: #RenaissanceRe
RenRe Offers 5,500,000 Common Shares
RenaissanceRe Holdings announced the pricing of an underwritten public offering of 5,500,000 of its common shares at a price to the public of $166.00 per share, before underwriting discounts and commissions. The offering is expected to close on June 5, 2020, subject to customary closing conditions. The Company intends to use the net proceeds from this... Read more of this article
AM Best Affirms RenaissanceRe Credit Ratings
AM Best has affirmed the Financial Strength Rating [FSR] of A+ [Superior] and the Long Term Issuer Credit Ratings [Long-Term ICR] of “aa-” of Renaissance Reinsurance Ltd. [RenaissanceRe], Renaissance Reinsurance U.S. Inc. [Maryland], RenaissanceRe Specialty U.S. Ltd., Renaissance Reinsurance of Europe Unlimited Company [Dublin, Ireland] and RenaissanceRe... Read more of this article
RenaissanceRe Reports First Quarter Results
RenaissanceRe Holdings reported net loss attributable to RenaissanceRe common shareholders of $82.0 million, or $1.89 per diluted common share, in the first quarter of 2020, compared to net income available to RenaissanceRe common shareholders of $273.7 million, or $6.43 per diluted common share, in the first quarter of 2019. Operating income available... Read more of this article
RenaissanceRe Increases Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings voted to increase the Company’s quarterly dividend to $0.35 per common share, from $0.34 per common share. The Company has increased its dividend during each of the twenty-five years since its initial public offering. The dividend is payable on March 31, 2020, to shareholders of record on March 13,... Read more of this article
RenaissanceRe Report Net Income Of $33.8M
RenaissanceRe Holdings reported net income available to RenaissanceRe common shareholders of $33.8 million, or $0.77 per diluted common share, in the fourth quarter of 2019, compared to a net loss attributable to RenaissanceRe common shareholders of $83.9 million, or $2.10 per diluted common share, in the fourth quarter of 2018. Operating income available... Read more of this article
Ann Manal Joins RenaissanceRe As CHRO
RenaissanceRe Holdings announced that Ann Manal has joined the Company as Chief Human Resources Officer responsible for overseeing the global HR Function. She will be based at the Company’s Bermuda headquarters. Kevin O’Donnell, President and Chief Executive Officer, stated: “I am delighted to welcome Ann to our global leadership team. “At... Read more of this article
RenaissanceRe Sponsor BIOS Programme
BIOS has announced that RenaissanceRe will fund the the Mid-Atlantic Robotics IN Education [MARINE] program for the next two years. A spokesperson said, “Since 2015, the Mid-Atlantic Robotics IN Education program has been a core component of BIOS’s Ocean Academy, which offers a suite of hands-on education and research opportunities for students... Read more of this article
RenaissanceRe Declare $0.34 Quarterly Dividend
The Board of Directors of Bermuda-based RenaissanceRe Holdings Ltd. announced today a quarterly dividend of $0.34 per common share on its common shares. The dividend is payable on December 31, 2019, to shareholders of record on December 13, 2019. Related Stories RenaissanceRe Reports First Quarter Results RenaissanceRe Announces Quarterly Dividend RenaissanceRe... Read more of this article
RenaissanceRe Report Net Income Of $36.7M
RenaissanceRe Holdings reported net income available to RenaissanceRe common shareholders of $36.7 million, or $0.83 per diluted common share, in the third quarter of 2019, compared to $32.7 million, or $0.82 per diluted common share, in the third quarter of 2018. Operating income available to RenaissanceRe common shareholders was $13.0 million, or... Read more of this article
RenRe Expect Q3 Catastrophe Loss Of $155M
Bermuda-based RenaissanceRe Holdings announced it currently estimates that losses from third quarter 2019 catastrophe events will have an estimated net negative impact of approximately $155 million on its third quarter 2019 results of operations. “The estimated losses include Typhoon Faxai and Hurricane Dorian, which will have an estimated net... Read more of this article
RenaissanceRe Declare $0.34 Quarterly Dividend
The Board of Directors of Bermuda-based RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.34 per common share on its common shares. The dividend is payable on September 30, 2019, to shareholders of record on September 13, 2019. Related Stories RenaissanceRe Reports First Quarter Results RenaissanceRe Announces Quarterly Dividend RenaissanceRe... Read more of this article
RenaissanceRe Report Net Income Of $367.9M
RenaissanceRe Holdings today reported net income available to RenaissanceRe common shareholders of $367.9 million, or $8.35 per diluted common share, in the second quarter of 2019, compared to $191.8 million, or $4.78 per diluted common share, in the second quarter of 2018. Operating income available to Renaissance Re common shareholders was $212.6... Read more of this article
RenaissanceRe Promotes Matthew Neuber
RenaissanceRe Holdings announced that Matthew Neuber, Senior Vice President, Ventures & Corporate Finance, will be promoted to the position of Corporate Treasurer, subject to Bermuda Immigration approval. As Corporate Treasurer, Mr. Neuber will report to Robert Qutub, Chief Financial Officer. Mr. Neuber will succeed Aditya Dutt, President of Renaissance... Read more of this article
RenaissanceRe Declare $0.34 Quarterly Dividend
The Board of Directors of Bermuda-based RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.34 per common share on its common shares. The dividend is payable on June 28, 2019, to shareholders of record on June 14, 2019. Related Stories RenaissanceRe Reports First Quarter Results RenaissanceRe Announces Quarterly Dividend RenaissanceRe... Read more of this article
RenaissanceRe Report Net Income Of $273.7M
RenaissanceRe Holdings reported net income available to RenaissanceRe common shareholders of $273.7 million, or $6.43 per diluted common share, in the first quarter of 2019, compared to $56.7 million, or $1.42 per diluted common share, in the first quarter of 2018. Operating income available to RenaissanceRe common shareholders was $154.4 million,... Read more of this article
RenaissanceRe $400 Million Senior Note Offering
RenaissanceRe Holdings has agreed to sell in an underwritten public offering $400 million aggregate principal amount of 3.600% Senior Notes due 2029. The company said they expect to close the offering on or about April 2, 2019, subject to customary closing conditions, adding that “the senior notes have been rated A3 by Moody’s Investors Service... Read more of this article
