Renaissancere Holdings Ltd (N:RNR)
Business Focus: Property & Casualty Reinsurance
Apr 03, 2024 04:15 pm ET
RenaissanceRe Schedules First Quarter 2024 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, May 1, 2024, at 10:00 a.m. ET to discuss its financial results for the first quarter of 2024, as well as the Company’s outlook. RenaissanceRe will release its results following the close of market on Tuesday, April 30, 2024.
Feb 06, 2024 04:22 pm ET
RenaissanceRe Holdings Ltd. Announces Twenty-Ninth Consecutive Annual Increase in Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) today voted to increase the Company’s quarterly dividend to $0.39 per common share, from $0.38 per common share.
Jan 30, 2024 04:15 pm ET
RenaissanceRe Reports $1.6 Billion of Quarterly Net Income Available to Common Shareholders and $623.1 Million of Quarterly Operating Income Available to Common Shareholders in Q4 2023.
RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its financial results for the fourth quarter and full year 2023.
Jan 11, 2024 04:15 pm ET
RenaissanceRe Schedules Fourth Quarter and Year-End 2023 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, January 31, 2024, at 11:00 a.m. ET to discuss its financial results for the fourth quarter and year-end 2023, as well as the Company’s outlook. RenaissanceRe will release its results following the close of market on Tuesday, January 30, 2024.
Nov 08, 2023 04:16 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) announced today 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.
Nov 01, 2023 04:15 pm ET
RenaissanceRe Reports Q3 2023 Net Income Available to Common Shareholders of $194.0 Million; Operating Income Available to Common Shareholders of $422.3 Million
RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its financial results for the third quarter of 2023.
Nov 01, 2023 09:07 am ET
RenaissanceRe Completes Acquisition of Validus Re
RenaissanceRe Holdings Ltd. (NYSE: RNR) today announced that it has concluded its acquisition of Validus Re, the treaty reinsurance business of American International Group, Inc. (“AIG”), which includes Validus Reinsurance Ltd. and its consolidated subsidiaries, AlphaCat Managers Ltd., and all renewal rights to the Assumed Reinsurance Treaty Unit of Talbot (together, “Validus Re”).
Oct 02, 2023 04:15 pm ET
RenaissanceRe Schedules Third Quarter 2023 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Thursday, November 2, 2023, at 11:00 a.m. ET to discuss its financial results for the third quarter of 2023, as well as the Company’s outlook. RenaissanceRe will release its results following the close of market on Wednesday, November 1, 2023.
Sep 08, 2023 01:41 pm ET
AM Best Affirms Credit Ratings of RenaissanceRe Holdings Ltd. and Its Main Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) 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 Europe AG (Zurich, Switzerland) (formally named Tokio Millennium Re AG). Additionally, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IR) of RenaissanceRe Holdings
Aug 02, 2023 04:15 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) announced today 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.
Jul 25, 2023 04:15 pm ET
RenaissanceRe Reports Q2 2023 Net Income Available to Common Shareholders of $191.0 Million; Operating Income Available to Common Shareholders of $407.4 Million
RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its financial results for the second quarter of 2023.
Jul 19, 2023 04:15 pm ET
RenaissanceRe Names Robin Lang Group Chief Risk Officer
RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today 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 senior advisor to the Company.
Jun 30, 2023 04:15 pm ET
RenaissanceRe Schedules Second Quarter 2023 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, July 26, 2023, at 11:00 a.m. ET to discuss its financial results for the second quarter of 2023, as well as the Company’s outlook. RenaissanceRe will release its results following the close of market on Tuesday, July 25, 2023.
Jun 14, 2023 09:00 am ET
RenaissanceRe Holdings Ltd. Celebrates 30th Anniversary
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) celebrates 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.
May 31, 2023 06:29 pm ET
RenaissanceRe Holdings Ltd. Announces Pricing of $750 Million Senior Notes Offering
RenaissanceRe Holdings Ltd. (NYSE:RNR) (“RenaissanceRe” or the “Company”) 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.
May 23, 2023 07:40 pm ET
RenaissanceRe Announces Pricing of Public Offering of 6,300,000 Common Shares
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) announced today 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. The offering is expected to close on May 26, 2023, subject to customary closing conditions.
May 22, 2023 05:06 pm ET
RenaissanceRe Announces Public Offering of 6,300,000 Common Shares
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) announced today that it has commenced an underwritten public offering of 6,300,000 of its common shares.
May 22, 2023 04:27 pm ET
RenaissanceRe Holdings Ltd. Advances Strategy with $2.985 Billion Acquisition of Validus Re
RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe”) today announced it has entered into a definitive agreement with American International Group, Inc. (“AIG”), 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 Reinsurance Treaty Unit of Talbot (collectively, “Validus Re”).
May 10, 2023 04:19 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) announced today 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.
May 02, 2023 04:15 pm ET
RenaissanceRe Reports Q1 2023 Net Income Available to Common Shareholders of $564.1 Million; Operating Income Available to Common Shareholders of $360.0 Million.
RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its financial results for the first quarter of 2023.
Mar 30, 2023 04:15 pm ET
RenaissanceRe Schedules First Quarter 2023 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, May 3, 2023, at 11:00 a.m. ET to discuss its financial results for the first quarter of 2023, as well as the Company’s outlook. RenaissanceRe will release its results following the close of market on Tuesday, May 2, 2023.
Feb 08, 2023 04:15 pm ET
RenaissanceRe Holdings Ltd. Announces Twenty-Eighth Consecutive Annual Increase in Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) today voted to increase the Company’s quarterly dividend to $0.38 per common share, from $0.37 per common share.
Jan 31, 2023 04:15 pm ET
RenaissanceRe Reports Q4 2022 Net Income Available to Common Shareholders of $448.1 Million; Operating Income Available to Common Shareholders of $322.2 Million.
RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its financial results for the fourth quarter and full year 2022.
Jan 05, 2023 04:15 pm ET
RenaissanceRe Schedules Fourth Quarter and Year-End 2022 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, February 1, 2023, at 11:00 a.m. ET to discuss its financial results for the fourth quarter and year-end 2022, as well as the Company’s outlook. RenaissanceRe will release its results following the close of market on Tuesday, January 31, 2023.
Nov 09, 2022 04:18 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) announced today a quarterly dividend of $0.37 per common share on its common shares.
Nov 09, 2022 04:15 pm ET
RenaissanceRe Appoints David Marra Group Chief Underwriting Officer and Ross Curtis Chief Portfolio Officer
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) 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 January 1, 2023.
Nov 01, 2022 04:15 pm ET
RenaissanceRe Reports Q3 2022 Net Loss Attributable to Common Shareholders of $825.3 Million; Operating Loss Attributable to Common Shareholders of $396.7 Million.
RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its financial results for the third quarter of 2022.
Oct 19, 2022 04:15 pm ET
RenaissanceRe Announces Estimated Net Negative Impact on Third Quarter 2022 Results of Operations
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) today announced it estimates that losses from certain 2022 catastrophe events will have a net negative impact of approximately $650 million on the Company’s third quarter 2022 results of operations. This estimate is primarily driven by the net negative impact of approximately $540 million from Hurricane Ian. In addition, losses from certain other catastrophe events, along with the aggregate losses associated with these and other events, contributed to the estimated net negative impact.
Oct 18, 2022 04:15 pm ET
RenaissanceRe’s 16th Risk Mitigation Leadership Forum Focuses on the Role of Credit and Risk Transfer in Leading the Transition to a Green Economy
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) held its 16th Annual Risk Mitigation Leadership Forum, Leading the Transition to a Green Economy: Role of Credit & Risk Transfer. The forum was hosted by RenaissanceRe’s Credit Team, led by Fiona Walden, SVP, Global Head of Credit, in partnership with ClimateWise, an insurance industry collaboration convened by the Cambridge Institute for Sustainability Leadership.
Oct 04, 2022 04:15 pm ET
RenaissanceRe Schedules Third Quarter 2022 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, November 2, 2022, at 11:00 a.m. ET to discuss its financial results for the third quarter of 2022, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Tuesday, November 1, 2022.
Aug 02, 2022 04:25 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend and Renewal of Share Repurchase Program
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) announced today a quarterly dividend of $0.37 per common share on its common shares. The dividend is payable on September 30, 2022, to shareholders of record on September 15, 2022.
Jul 25, 2022 04:15 pm ET
RenaissanceRe Reports Q2 2022 Net Loss Attributable to Common Shareholders of $324.9 Million; Operating Income Available to Common Shareholders of $238.1 Million. Combined Ratio of 78.3% With Strong P
RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its financial results for the second quarter of 2022.
Jul 21, 2022 10:15 am ET
AM Best Affirms Credit Ratings of RenaissanceRe Holdings Ltd. and Its Main Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) 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 Europe AG (Zurich, Switzerland) (formally named Tokio Millennium Re AG). Additionally, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IR) of RenaissanceRe Holdings
Jul 06, 2022 04:15 pm ET
RenaissanceRe Schedules Second Quarter 2022 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Tuesday, July 26, 2022, at 10:00 a.m. ET to discuss its financial results for the second quarter of 2022, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Monday, July 25, 2022.
May 16, 2022 04:28 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend and Renewal of Share Repurchase Program
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) announced today a quarterly dividend of $0.37 per common share on its common shares. The dividend is payable on June 30, 2022, to shareholders of record on June 15, 2022.
May 03, 2022 04:16 pm ET
RenaissanceRe Reports Q1 2022 Net Loss Attributable to Common Shareholders of $394.4 Million; Operating Income Available to Common Shareholders of $151.9 Million. Poised to Deliver Shareholder Value A
RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its financial results for the first quarter of 2022.
Apr 07, 2022 04:15 pm ET
RenaissanceRe Appoints Shannon Lowry Bender to Governance Committee
RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) announced today that Shannon Lowry Bender, Group General Counsel and Corporate Secretary, has been appointed to the Company’s Governance Committee. The Governance Committee is the most senior management team at RenaissanceRe and is responsible for governance and strategy of the Company.
Apr 05, 2022 09:10 am ET
RenaissanceRe Launches New Casualty and Specialty Joint Venture – Fontana Holdings L.P.
RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced the creation of Fontana Holdings L.P. and its subsidiaries (collectively, “Fontana”), an innovative joint venture dedicated to writing Casualty and Specialty risks.
Apr 04, 2022 04:15 pm ET
RenaissanceRe Schedules First Quarter 2022 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, May 4, 2022, at 11:00 a.m. ET to discuss its financial results for the first quarter of 2022, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Tuesday, May 3, 2022.
Apr 01, 2022 09:15 am ET
RenaissanceRe Advances Climate Leadership - Kevin O’Donnell Appointed Chair of ClimateWise; Company Announces Senior ESG and Climate Roles
RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced key appointments that advance its Environmental, Social, and Governance (ESG) strategy and further the Company’s industry-leading understanding of climate risk. RenaissanceRe’s purpose is to protect communities and enable prosperity, which is reflected in an ESG strategy centered on promoting climate resilience, closing the protection gap, and inducing positive societal change.
Feb 08, 2022 04:15 pm ET
Shyam Gidumal to Join RenaissanceRe Holdings Ltd. Board of Directors
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) announced today that Shyam Gidumal has been nominated to stand for election as an independent director of the Company at its Annual General Meeting of Shareholders in May 2022 and that, at such time, Jean Hamilton will retire from the Board.
Feb 04, 2022 04:20 pm ET
RenaissanceRe Holdings Ltd. Announces Twenty-Seventh Consecutive Annual Increase in Quarterly Dividend and Renewal of Share Repurchase Program
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) today voted to increase the Company’s quarterly dividend to $0.37 per common share, from $0.36 per common share.
Jan 25, 2022 04:24 pm ET
RenaissanceRe Reports Fourth Quarter 2021 Net Income Available to Common Shareholders of $210.9 Million; Operating Income Available to Common Shareholders of $213.7 Million.
RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its financial results for the fourth quarter and full year 2021.
Jan 05, 2022 04:15 pm ET
RenaissanceRe Schedules Fourth Quarter and Year-End 2021 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, January 26, 2022, at 10:00 a.m. ET to discuss its financial results for the fourth quarter and year-end 2021, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Tuesday, January 25, 2022.
Nov 11, 2021 04:29 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend and Renewal of Share Repurchase Program
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) announced today a quarterly dividend of $0.36 per common share on its common shares. The dividend is payable on December 31, 2021, to shareholders of record on December 15, 2021.
Oct 25, 2021 04:15 pm ET
RenaissanceRe Reports Net Loss Attributable to Common Shareholders of $450.2 Million; Operating Loss Attributable to Common Shareholders of $414.5 Million in the Third Quarter of 2021
RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its financial results for the three months ended September 30, 2021.
Oct 12, 2021 04:15 pm ET
RenaissanceRe Announces Estimated Net Negative Impact on Third Quarter 2021 Results of Operations
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) today announced it estimates that losses from certain 2021 catastrophe events will have a net negative impact of approximately $725 million on the Company’s third quarter 2021 results of operations. This estimate is primarily comprised of net negative impacts of approximately $440 million from Hurricane Ida in August 2021 and approximately $210 million from the severe flooding in Northwestern Europe in July 2021. In addition, losses from other catastrophe events, as well as aggregate losses associated with these and oth
Sep 30, 2021 05:51 pm ET
RenaissanceRe’s 15th Risk Mitigation Leadership Forum Focuses on Community Solutions to Advance Climate Change Resiliency Globally
RenaissanceRe (NYSE: RNR) hosted thought leaders, risk scientists, and community experts at the Protecting Communities from Climate Change: Using Portsmouth, Virginia to Kickstart Global Solutions risk mitigation leadership forum.
Sep 28, 2021 04:15 pm ET
RenaissanceRe Schedules Third Quarter 2021 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Tuesday, October 26, 2021, at 10:00 a.m. ET to discuss its financial results for the third quarter of 2021, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Monday, October 25, 2021.
Jul 28, 2021 04:15 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend and Renewal of Share Repurchase Program
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) announced today a quarterly dividend of $0.36 per common share on its common shares. The dividend is payable on September 30, 2021, to shareholders of record on September 15, 2021.
Jul 22, 2021 04:15 pm ET
RenaissanceRe Reports Net Income Available to Common Shareholders of $456.8 Million; Operating Income Available to Common Shareholders of $278.1 Million in the Second Quarter of 2021. Reports Strong G
RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its financial results for the three months ended June 30, 2021.
Jul 12, 2021 04:29 pm ET
RenaissanceRe Announces Redemption of 5.375% Series E Preference Shares
RenaissanceRe Holdings Ltd. (NYSE:RNR) (the “Company” or “RenaissanceRe”) announced today that it has decided to call all 11,000,000 of its outstanding 5.375% Series E Preference Shares (NYSE: RNRPRE; CUSIP: G7498P 119) (the “Series E Preference Shares”) for mandatory redemption on August 11, 2021. The redemption price will be $25.00 per Series E Preference Share, plus accrued and unpaid dividends to August 10, 2021. The Company will use a portion of the proceeds of its previously announced offering of depositary shares, each representing a 1/1,000th interest in a 4.20% Series G Preference Sha
Jul 07, 2021 07:50 pm ET
RenaissanceRe Announces $500 Million Public Offering of Depositary Shares Representing 4.20% Series G Preference Shares
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) announced today it has agreed to sell in an underwritten public offering 20,000,000 Depositary Shares, each of which represents a 1/1,000th interest in a share of its 4.20% Series G Preference Shares, $1.00 par value and $25,000 liquidation preference per share (equivalent to $25 per Depositary Share). The public offering price is $25 per Depositary Share for an aggregate public offering price of $500,000,000. RenaissanceRe currently expects to consummate the sale to the underwriters on July 12, 2021, subject to customa
Jun 23, 2021 04:15 pm ET
RenaissanceRe Schedules Second Quarter 2021 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Friday, July 23, 2021, at 10:00 a.m. ET to discuss its financial results for the second quarter of 2021, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Thursday, July 22, 2021.
Jun 23, 2021 12:10 pm ET
AM Best Affirms Credit Ratings of RenaissanceRe Holdings Ltd. and Its Main Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) 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 Europe AG (Zurich, Switzerland) (formally named Tokio Millennium Re AG). Additionally, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IR) of RenaissanceRe Holdings
May 07, 2021 06:44 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend and Renewal of Share Repurchase Program
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) announced today a quarterly dividend of $0.36 per common share on its common shares. The dividend is payable on June 30, 2021, to shareholders of record on June 15, 2021.
Apr 28, 2021 04:15 pm ET
RenaissanceRe Reports Net Loss Attributable to Common Shareholders of $290.9 Million; Operating Income Available to Common Shareholders of $4.4 Million in the First Quarter of 2021. Gross Premiums Wri
RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its financial results for the three months ended March 31, 2021.
Apr 14, 2021 04:15 pm ET
RenaissanceRe Announces Estimated Net Negative Impact on First Quarter 2021 Results of Operations from Winter Storm Uri
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) today 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. Winter Storm Uri was a major wind and ice storm that impacted the U.S. in February 2021, causing widespread damage in many areas, including Texas. For the first quarter of 2021, the Company expects to report a net loss attributable to common shareholders and nominal operating income available to common shareholders.
Apr 01, 2021 04:15 pm ET
RenaissanceRe Schedules First Quarter 2021 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Thursday, April 29, 2021, at 11:00 a.m. ET to discuss its financial results for the first quarter of 2021, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Wednesday, April 28, 2021.
Mar 03, 2021 04:15 pm ET
RenaissanceRe Holdings Ltd. Announces Rebranding of Ventures Business to RenaissanceRe Capital Partners
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) announced today 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.
Feb 05, 2021 04:15 pm ET
RenaissanceRe Holdings Ltd. Announces Twenty-Sixth Consecutive Annual Increase in Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) today voted to increase the Company’s quarterly dividend to $0.36 per common share, from $0.35 per common share.
Jan 26, 2021 04:15 pm ET
RenaissanceRe Reports Fourth Quarter 2020 Net Income Available to Common Shareholders of $189.8 Million, or $3.74 Per Diluted Common Share; Operating Loss Attributable to Common Shareholders of $77.1
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) today 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, or $1.59 per diluted common share, in the fourth quarter of 2020, compared to operating income available to RenaissanceRe common shareholders of $12.6 million, or $0.28 per diluted common sh
Jan 13, 2021 04:15 pm ET
RenaissanceRe Announces Estimated Net Negative Impact on Fourth Quarter 2020 Results of Operations
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) today 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; however, it expects to report an operating loss attributable to common shareholders.
Jan 12, 2021 04:15 pm ET
RenaissanceRe Announces Environmental, Social and Governance Strategic Focus Areas and Website
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) 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.
Jan 05, 2021 04:15 pm ET
RenaissanceRe Schedules Fourth Quarter and Year-End 2020 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, January 27, 2021, at 11:00 a.m. ET to discuss its financial results for the fourth quarter and year-end 2020, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Tuesday, January 26, 2021.
Dec 03, 2020 04:15 pm ET
RenaissanceRe Names Shannon Lowry Bender as Group General Counsel
RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today 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 on December 31, 2020 and will continue to serve as an advisor for 12 months.
Nov 05, 2020 04:15 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today a quarterly dividend of $0.35 per common share on its common shares.
Oct 27, 2020 04:15 pm ET
RenaissanceRe Reports Third Quarter 2020 Net Income Available to Common Shareholders of $47.8 Million, or $0.94 Per Diluted Common Share; Operating Loss Attributable to Common Shareholders of $131.7 M
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) today 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 million, or $2.64 per diluted common share, in the third quarter of 2020, compared to operating income available to RenaissanceRe common shareholders of $32.7 million, or $0.73 per diluted common share
Oct 13, 2020 04:15 pm ET
RenaissanceRe Announces Estimated Net Negative Impact from Third Quarter 2020 Catastrophe Events
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) today 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. The estimated net negative impact is primarily driven by losses from Hurricanes Laura and Sally, as well as the wildfires in California, Oregon and Washington. In addition, losses from other catastrophe events including the August 2020 derecho which impacted the U.S. Midwest, Hurricane Isaias and Typhoon May
Oct 05, 2020 04:15 pm ET
RenaissanceRe Schedules Third Quarter 2020 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, October 28, 2020, at 11:00 a.m. ET to discuss its financial results for the third quarter of 2020, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Tuesday, October 27, 2020.
Sep 30, 2020 04:15 pm ET
RenaissanceRe Announces Michael Doak Departing to Start New Private Investment Firm
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) announced today 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.
Aug 04, 2020 04:56 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today a quarterly dividend of $0.35 per common share on its common shares.
Jul 28, 2020 04:15 pm ET
RenaissanceRe Reports Second Quarter 2020 Net Income Available to Common Shareholders of $575.8 Million, or $12.63 Per Diluted Common Share; Operating Income Available to Common Shareholders of $190.1
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) today reported net income available to RenaissanceRe common shareholders of $575.8 million, or $12.63 per diluted common share, in the second quarter of 2020, compared to net income available to RenaissanceRe common shareholders of $367.9 million, or $8.35 per diluted common share, in the second quarter of 2019. Operating income available to RenaissanceRe common shareholders was $190.1 million, or $4.06 per diluted common share, in the second quarter of 2020, compared to $198.8 million, or $4.47 per diluted common share
Jul 09, 2020 04:15 pm ET
RenaissanceRe Announces Management Change in Ventures Business
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) announced today that Kevin O’Donnell, Chief Executive Officer, will assume responsibility for the Ventures business on an interim basis as Aditya Dutt, Senior Vice President, Ventures, will be leaving the Company to pursue a new opportunity.
Jul 02, 2020 04:15 pm ET
RenaissanceRe Schedules Second Quarter 2020 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, July 29, 2020, at 11:00 a.m. ET to discuss its financial results for the second quarter of 2020, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Tuesday, July 28, 2020.
Jun 02, 2020 07:43 pm ET
RenaissanceRe Announces Pricing of Public Offering of 5,500,000 Common Shares
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) announced today 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.
Jun 02, 2020 07:24 am ET
RenaissanceRe Announces Public Offering of 5,500,000 Common Shares
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) announced today that it has commenced an underwritten public offering of 5,500,000 of its common shares.
May 19, 2020 04:15 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today a quarterly dividend of $0.35 per common share on its common shares.
May 13, 2020 11:04 am ET
AM Best Affirms Credit Ratings of RenaissanceRe Holdings Ltd. and Its Main Subsidiaries
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 Europe AG (Zurich, Switzerland) (formally named Tokio Millennium Re AG). Additionally, AM Best has affirmed the Long-Term ICR of “a-” and Long-Term Issue Credit Ratings (Long-Term IR) of RenaissanceRe Holdings Ltd. [NYSE: RNR]. AM Best
May 06, 2020 04:15 pm ET
RenaissanceRe Reports First Quarter 2020 Net Loss Attributable to Common Shareholders of $82.0 Million, or $1.89 Per Diluted Common Share; Operating Income Available to Common Shareholders of $33.4 Mi
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) today 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 to RenaissanceRe common shareholders was $33.4 million, or $0.76 per diluted common share, in the first quarter of 2020, compared to $153.6 million, or $3.59 per diluted common share, in
May 05, 2020 04:15 pm ET
RenaissanceRe Appoints Ed Cruttenden Active Underwriter of Syndicate 1458 at Lloyd’s and Bryan Dalton Chief Underwriting Officer – Europe
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) announced today that Ed Cruttenden has been appointed Active Underwriter of RenaissanceRe’s Syndicate 1458 at Lloyd’s, effective May 1, 2020. In addition to managing business written at the Syndicate, Mr. Cruttenden will oversee all UK-based underwriting for the Company.
Apr 08, 2020 04:15 pm ET
RenaissanceRe Schedules First Quarter 2020 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE:RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Thursday, May 7, 2020, at 9:00 a.m. ET to discuss its financial results for the first quarter of 2020, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Wednesday, May 6, 2020.
Feb 25, 2020 04:05 pm ET
RenaissanceRe Holdings Ltd. Announces Redemption of Remaining 6.08% Series C Preference Shares
RenaissanceRe Holdings Ltd. (NYSE:RNR) (the “Company” or “RenaissanceRe”) announced today that it has decided to call the remaining 5,000,000 of its outstanding 6.08% Series C Preference Shares (NYSE: RNRPRC; CUSIP: G7498P 30 9) (the “Series C Preference Shares”) for mandatory redemption on March 26, 2020. The redemption price will be $25.00 per Series C Preference Share, plus accrued and unpaid dividends to March 26, 2020.
Feb 07, 2020 04:05 pm ET
RenaissanceRe Holdings Ltd. Announces Twenty-Fifth Consecutive Annual Increase in Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) today voted to increase the Company’s quarterly dividend to $0.35 per common share, from $0.34 per common share.
Feb 04, 2020 05:23 pm ET
RenaissanceRe Reports Fourth Quarter 2019 Net Income Available to Common Shareholders of $33.8 Million, or $0.77 Per Diluted Common Share; Operating Income Available to Common Shareholders of $23.0 Mi
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) today 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 to RenaissanceRe common shareholders was $23.0 million, or $0.52 per diluted common share, in the fourth quarter of 2019, compared to $4.8 million, or $0.11 per diluted common share, i
Feb 03, 2020 09:15 am ET
RenaissanceRe Names Ann Manal as Chief Human Resources Officer
RenaissanceRe Holdings Ltd. (NYSE:RNR) (the “Company” or “RenaissanceRe”) announced today 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.
Jan 06, 2020 08:25 pm ET
RenaissanceRe Announces Pricing of Secondary Public Offering of Common Shares by Tokio Marine & Nichido Fire Insurance Co., Ltd.
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or
“RenaissanceRe”) announced today the pricing of an underwritten
secondary public offering of 1,739,071 common shares by Tokio Marine &
Nichido Fire Insurance Co., Ltd. (the “Selling Shareholder”). The
Selling Shareholder will receive all of the net proceeds from this
offering. No shares are being sold by the Company. The offering is
expected to close on January 9, 2020, subject to customary closing
conditions.
Jan 06, 2020 04:48 pm ET
RenaissanceRe Announces Secondary Public Offering of Common Shares by Tokio Marine & Nichido Fire Insurance Co., Ltd.
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or
“RenaissanceRe”) announced today an underwritten public secondary
offering of 1,739,071 common shares by Tokio Marine & Nichido Fire
Insurance Co., Ltd. (the “Selling Shareholder”). The Selling Shareholder
will receive all of the net proceeds from this offering. No shares are
being sold by the Company.
Dec 23, 2019 04:15 pm ET
RenaissanceRe Schedules Fourth Quarter and Year-End 2019 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, February 5, 2020, at 10:30 a.m. ET to discuss its financial results for the fourth quarter and year-end 2019, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Tuesday, February 4, 2020.
Nov 13, 2019 04:15 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today a quarterly dividend of $0.34 per common share on its common shares.
Oct 29, 2019 04:15 pm ET
RenaissanceRe Reports Third Quarter 2019 Net Income Available to Common Shareholders of $36.7 Million, or $0.83 Per Diluted Common Share; Operating Income Available to Common Shareholders of $13.0 Mil
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) today 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 $0.29 per diluted common share, in the third quarter of 2019, compared to $17.8 million, or $0.45 per diluted common share, in the third quarter of 2018. The Company reported an annualized re
Oct 15, 2019 04:15 pm ET
RenaissanceRe Announces Estimated Net Negative Impact from Third Quarter 2019 Catastrophe Events
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) today 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 negative impact of approximately $100 million and $55 million, respectively. The Company expects to report modest net income and operating income available to common shareholders for the third quarter of 2019.
Oct 02, 2019 04:15 pm ET
RenaissanceRe Schedules Third Quarter 2019 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, October 30, 2019, at 10:00 a.m. ET to discuss its financial results for the third quarter of 2019, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Tuesday, October 29, 2019.
Jul 30, 2019 04:15 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today a quarterly dividend of $0.34 per common share on its common shares.
Jul 23, 2019 04:15 pm ET
RenaissanceRe Reports Second Quarter 2019 Net Income Available to Common Shareholders of $367.9 Million, or $8.35 Per Diluted Common Share; Operating Income Available to Common Shareholders of $212.6
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) 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 RenaissanceRe common shareholders was $212.6 million, or $4.78 per diluted common share, in the second quarter of 2019, compared to $204.3 million, or $5.10 per diluted common share, in the second quarter of 2018. The Company reported an annua
Jul 11, 2019 09:15 am ET
RenaissanceRe to Promote Matthew Neuber to Corporate Treasurer
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) announced today 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.
Jun 27, 2019 04:15 pm ET
RenaissanceRe Schedules Second Quarter 2019 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) will conduct an investment community conference call on Wednesday, July 24, 2019, at 10:00 a.m. ET to discuss its financial results for the second quarter of 2019, as well as the Company's outlook. RenaissanceRe will release its results following the close of market on Tuesday, July 23, 2019.
May 15, 2019 04:15 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR)
announced today a quarterly dividend of $0.34 per common share on its
common shares.
May 07, 2019 04:15 pm ET
RenaissanceRe Reports First Quarter 2019 Net Income Available to Common Shareholders of $273.7 Million, or $6.43 Per Diluted Common Share; Operating Income Available to Common Shareholders of $154.4 M
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or
“RenaissanceRe”) today 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, or
$3.60 per diluted common share, in the first quarter of 2019, compared
to $122.1 million, or $3.07 per diluted common share, in the first
Apr 01, 2019 04:15 pm ET
RenaissanceRe Schedules First Quarter 2019 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or
“RenaissanceRe”) will conduct an investment community conference call on
Wednesday, May 8, 2019, at 10:00 a.m. ET to discuss its financial
results for the first quarter of 2019, as well as the Company's outlook.
RenaissanceRe will release its results following the close of market on
Tuesday, May 7, 2019.
Mar 28, 2019 04:42 pm ET
RenaissanceRe Holdings Ltd. Announces Pricing of $400 Million Senior Note Offering
RenaissanceRe Holdings Ltd. (NYSE:RNR) (“RenaissanceRe” or the
“Company”) announced today that it has agreed to sell in an underwritten
public offering $400 million aggregate principal amount of 3.600% Senior
Notes due 2029. The Company expects to close the offering on or about
April 2, 2019, subject to customary closing conditions.
Mar 22, 2019 01:58 pm ET
AM Best Removes from Under Review With Developing Implications and Affirms Credit Ratings of RenaissanceRe Holdings Ltd and Its Main Subsidiaries
AM Best has removed under review with developing implications and
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.
(RenaissanceRe U.S.), RenaissanceRe Specialty U.S. Ltd. (RenaissanceRe
Specialty U.S. Ltd.), and Renaissance Reinsurance of Europe Unlimited
Company (Dublin, Ireland). Additionally, AM Best has removed from under
review with developing implications and affirmed the Lo
Mar 22, 2019 12:19 pm ET
RenaissanceRe Completes Acquisition of Tokio Millennium Re
RenaissanceRe Holdings Ltd. (NYSE:RNR) (“RenaissanceRe”) today announced
that it has concluded its acquisition of Tokio Millennium Re (“TMR”).
The acquisition was originally announced on October 30, 2018 and the
completion follows the receipt of all necessary regulatory approvals.
Mar 12, 2019 04:14 pm ET
RenaissanceRe Announces Receipt of All Regulatory Approvals for Acquisition of Tokio Millennium Re
RenaissanceRe Holdings Ltd. (NYSE:RNR) today announced that it has
received all regulatory approvals required in connection with its
previously announced acquisition of Tokio Millennium Re AG and Tokio
Millennium Re (UK) Limited (collectively, “TMR”). RenaissanceRe had
announced on October 30, 2018 that it had entered into a definitive
agreement with Tokio Marine Holdings, Inc. (“Tokio Marine”) to acquire
Tokio Marine’s reinsurance platform, TMR.
Feb 07, 2019 04:17 pm ET
RenaissanceRe Holdings Ltd. Announces Twenty-Fourth Consecutive Annual Increase in Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) today
voted to increase the Company’s quarterly dividend to $0.34 per common
share, from $.33 per common share.
Feb 07, 2019 04:15 pm ET
Cynthia Trudell to Join RenaissanceRe Holdings Ltd. Board of Directors
RenaissanceRe Holdings Ltd. (NYSE:RNR) announced today that Cythnia
Trudell, 65, has been nominated to serve as an independent director of
the Company, and that Edward J. Zore, 73, will retire from the Board at
the end of his term, each to occur in conjunction with the Company’s
Annual General Meeting of Shareholders in May 2019. Ms. Trudell most
recently served as Executive Vice President and Chief Human Resources
Officer of PepsiCo, Inc., and previously served in a number of executive
and management positions with General Motors Corporation an
Jan 29, 2019 04:45 pm ET
RenaissanceRe Reports Fourth Quarter 2018 Net Loss Attributable to Common Shareholders of $83.9 Million, or $2.10 Per Diluted Common Share; Operating Income Available to Common Shareholders of $1.2 Mi
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or
“RenaissanceRe”) today reported 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, compared to a net loss attributable to
RenaissanceRe common shareholders of $3.5 million, or $0.09 per diluted
common share, in the fourth quarter of 2017. Operating income available
to RenaissanceRe common shareholders was $1.2 million, or $0.02 per
diluted common share, in the fourth quarter of 2018, compared to
Jan 03, 2019 04:15 pm ET
RenaissanceRe Schedules Fourth Quarter and Year-End 2018 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or
“RenaissanceRe”) will conduct an investment community conference call on
Wednesday, January 30, 2019, at 10:00 a.m. ET to discuss its financial
results for the fourth quarter of 2018, as well as the Company's
outlook. RenaissanceRe will release its results following the close of
market on Tuesday, January 29, 2019.
Dec 18, 2018 09:26 am ET
RenaissanceRe Launches New Property Catastrophe Reinsurer Backed by PGGM
RenaissanceRe Holdings Ltd. (NYSE:RNR) (“RenaissanceRe”) and Dutch
pension fund manager PGGM announced today the creation of Vermeer
Reinsurance Ltd. (“Vermeer”) to provide capacity focused on risk remote
layers in the U.S. property catastrophe market.
Dec 18, 2018 09:25 am ET
AM Best Assigns Credit Ratings to Vermeer Reinsurance Ltd.
AM Best has assigned a Financial Strength Rating of A (Excellent)
and a Long-Term Issuer Credit Rating of “a+” to Vermeer Reinsurance Ltd.
(Vermeer) (Bermuda). The outlook assigned to these Credit Ratings
(ratings) is stable.
Nov 16, 2018 07:25 am ET
Recent Analysis Shows Taylor Morrison Home, Luxfer, RenaissanceRe, Link Motion, Ameresco, and Manning & Napier Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Taylor Morrison Home Corporation (NYSE:TMHC), Luxfer Holdings PLC...
Nov 09, 2018 04:11 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:RNR)
announced today a quarterly dividend of $0.33 per common share on its
common shares.
Nov 02, 2018 02:55 pm ET
A.M. Best Places Credit Ratings of Renaissance Re Holdings Ltd and Its Subsidiaries Under Review with Developing Implications
A.M. Best has placed under review with developing implications
the Financial Strength Rating (FSR) of A+ (Superior) and the Long Term
Issuer Credit Ratings (Long-Term ICR) of “aa-” of Renaissance
Reinsurance Ltd. (RenRe), Renaissance Reinsurance U.S. Inc. (RenRe
U.S.), RenaissanceRe Specialty U.S. Ltd. (RenRe Specialty U.S. Ltd.),
and Renaissance Reinsurance of Europe Unlimited Company (Dublin,
Ireland). Additionally, A.M. Best has placed under review with
developing implications the Long-Term ICR of “a-” and all Long-Term
Issuer C
Oct 30, 2018 05:04 pm ET
RenaissanceRe Reports Net Income Available to Common Shareholders of $32.7 Million for the Third Quarter of 2018, or $0.82 Per Diluted Common Share
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or
“RenaissanceRe”) today reported net income available to RenaissanceRe
common shareholders of $32.7 million, or $0.82 per diluted common share,
in the third quarter of 2018, compared to 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. Operating income
available to RenaissanceRe common shareholders was $20.6 million, or
$0.52 per diluted common share, in the third quarter of 2018, compared
Oct 30, 2018 05:02 pm ET
RenaissanceRe Holdings Ltd. to Acquire Tokio Millennium Re in $1.5 Billion Transaction
RenaissanceRe Holdings Ltd. (NYSE:RNR) (“RenaissanceRe” or the
“Company”) announced today that it has entered into a definitive
agreement with Tokio Marine Holdings, Inc. (“Tokio Marine”) pursuant to
which an affiliate of RenaissanceRe will acquire Tokio Marine’s
reinsurance platform, which includes Tokio Millennium Re AG and Tokio
Millennium Re (UK) Limited (collectively, “TMR”). Under the terms of the
transaction, Tokio Marine will receive 1.02x the tangible book value of
TMR delivered to RenaissanceRe at closing. If closing tangible book
Oct 26, 2018 11:54 am ET
Hundreds Gather With Leading Experts To Discuss Crucial Risk Mitigation Strategies
KANSAS CITY, Mo., Oct. 26, 2018 /PRNewswire/ -- After a year of devastating natural catastrophes, insurance industry experts, policymakers, scientists and environmentalists from across the country gathered in Kansas City on October 24 to discuss community-focused strategies for improving natural disaster resilience and closing the protection coverage gap at the "Community Recovery and Resilience" leadership forum sponsored by one of the world's leading catastrophe reinsurers, RenaissanceRe. (NYSE: RNR).
Oct 17, 2018 04:15 pm ET
RenaissanceRe Announces Estimated Net Negative Impact from Third Quarter 2018 Catastrophe Events; Expects to Report Modest Profit for the Quarter
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or
“RenaissanceRe”) today announced it currently estimates that losses from
third quarter 2018 catastrophe events will have an estimated net
negative impact of approximately $155 million on its third quarter 2018
results of operations. The estimated losses for these events are
primarily driven by Typhoon Jebi and Hurricane Florence, which will have
an estimated net negative impact of approximately $70 million and $55
million, respectively. Losses from the other third quarter 2018
cata
Oct 03, 2018 04:48 pm ET
RenaissanceRe Schedules Third Quarter 2018 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or
“RenaissanceRe”) will conduct an investment community conference call on
Wednesday, October 31, 2018, at 10:00 a.m. ET to discuss its financial
results for the third quarter of 2018, as well as the Company's outlook.
RenaissanceRe will release its results following the close of market on
Tuesday, October 30, 2018.
Oct 02, 2018 01:46 pm ET
RenaissanceRe Responds to Shareholder Letter
RenaissanceRe Holdings Ltd. (NYSE: RNR) today issued the following
statement in response to a letter addressed to RenaissanceRe, publicly
released by TimesSquare Capital Management, LLC (“TimesSquare”) today,
in which TimesSquare requested that RenaissanceRe’s Board of Directors
commence a review of strategic alternatives.
Oct 02, 2018 08:42 am ET
TimesSquare Issues Letter to RenaissanceRe Board of Directors
TimesSquare Capital Management, LLC, an institutional asset management
firm with a significant stake in RenaissanceRe Holdings Ltd. (NYSE:RNR)
(the “Company”), today announced that it has delivered the following
letter to the Company's Board of Directors.
Sep 28, 2018 09:00 am ET
RGA Honored as Life Reinsurer of the Year, Langhorne Re as Launch of the Year at Reactions North America Awards
Reinsurance Group of America, Incorporated (NYSE:RGA) was named “Life
Reinsurer of the Year” at the 2018 Reactions North
America Awards, presented last night at a gala awards celebration in New
York City. Langhorne Re, a global reinsurer targeting large in-force
life and annuity blocks which was launched in January 2018 by RGA and
RenaissanceRe Holdings Ltd. (NYSE:RNR), was named “Launch of the Year.”
Aug 01, 2018 04:15 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:RNR)
announced today a quarterly dividend of $0.33 per common share on its
common shares.
Jul 24, 2018 04:15 pm ET
RenaissanceRe Reports Net Income Available to Common Shareholders of $191.8 Million for the Second Quarter of 2018, or $4.78 Per Diluted Common Share
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or
“RenaissanceRe”) today reported net income available to RenaissanceRe
common shareholders of $191.8 million, or $4.78 per diluted common
share, in the second quarter of 2018, compared to $171.1 million, or
$4.24 per diluted common share, in the second quarter of 2017. Operating
income available to RenaissanceRe common shareholders was $209.6
million, or $5.23 per diluted common share, in the second quarter of
2018, compared to $116.8 million, or $2.88 per diluted common share, in
t
Jun 27, 2018 04:15 pm ET
RenaissanceRe Schedules Second Quarter 2018 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or
“RenaissanceRe”) will conduct an investment community conference call on
Wednesday, July 25, 2018, at 10:00 a.m. ET to discuss its financial
results for the second quarter of 2018, as well as the Company's
outlook. RenaissanceRe will release its results following the close of
market on Tuesday, July 24, 2018.
Jun 14, 2018 10:19 am ET
RenaissanceRe Celebrates 25th Anniversary
25 years ago today in the wake of Hurricane Andrew, RenaissanceRe
(NYSE:RNR) was founded to deliver the most creative risk solutions and
best client service in the industry.
Jun 11, 2018 04:51 pm ET
RenaissanceRe Announces $250 Million Public Offering of Depositary Shares Representing 5.75% Series F Preference Shares
RenaissanceRe Holdings Ltd. (NYSE:RNR) announced today it has agreed to
sell in an underwritten public offering 10,000,000 Depositary Shares,
each of which represents a 1/1,000th interest in a share of its 5.75%
Series F Preference Shares, $1.00 par value and $25,000 liquidation
preference per share (equivalent to $25 per Depositary Share). The
public offering price is $25 per Depositary Share for an aggregate
public offering price of $250 million. RenaissanceRe currently expects
to consummate the sale to the underwriters on June 18, 2018, subje
May 14, 2018 04:15 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:RNR)
announced today a quarterly dividend of $0.33 per common share on its
common shares.
May 10, 2018 08:30 am ET
Boost Insurance Secures Dedicated Reinsurance Capacity Built To Power Insurtech Startups
NEW YORK, May 10, 2018 /PRNewswire/ -- Boost Insurance ("Boost") today announced that it has secured a dedicated reinsurance facility to power its groundbreaking B2B insurtech development platform. The facility is led by Nephila with participation from Markel Digital, the insurtech group within Markel Corporation (NYSE: MKL), and RenaissanceRe Holdings Ltd (NYSE: RNR). Boost, serving as general agent of 'A'-rated fronting carrier State National Companies, Inc., will manage a program supporting multiple insurtech startups entering the property and casualty (P&C) industry and will support
May 01, 2018 04:17 pm ET
RenaissanceRe Reports Net Income of $56.7 Million for the First Quarter of 2018, or $1.42 Per Diluted Common Share; Quarterly Operating Income of $135.2 Million or $3.40 Per Diluted Common Share
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or
“RenaissanceRe”) today reported net income available to RenaissanceRe
common shareholders of $56.7 million, or $1.42 per diluted common share,
in the first quarter of 2018, compared to $92.4 million, or $2.25 per
diluted common share, in the first quarter of 2017. Operating income
available to RenaissanceRe common shareholders was $135.2 million, or
$3.40 per diluted common share, in the first quarter of 2018, compared
to $53.7 million, or $1.30 per diluted common share, in the first
Apr 05, 2018 04:15 pm ET
RenaissanceRe Schedules First Quarter 2018 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE:RNR) (the “Company” or
“RenaissanceRe”) will conduct an investment community conference call on
Wednesday, May 2, 2018, at 10:00 a.m. ET to discuss its financial
results for the first quarter of 2018, as well as the Company's outlook.
RenaissanceRe will release its results following the close of market on
Tuesday, May 1, 2018.
Mar 01, 2018 10:07 am ET
A.M. Best Revises Outlooks to Stable and Affirms Credit Ratings of RenaissanceRe Holdings Ltd.
A.M. Best has revised the outlooks to stable from negative and
affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the
Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” of Renaissance
Reinsurance Ltd (RenRe) and Renaissance Reinsurance of Europe
Unlimited Company (Dublin, Ireland). A.M. Best also has revised the
outlooks to stable from negative and affirmed the Long-Term ICR of “a-”
and all Long-Term Issue Credit Ratings (Long-Term IR) of RenaissanceRe
Holdings Ltd. (RenaissanceRe) [NYSE:RNR]. (Ple
Feb 08, 2018 04:15 pm ET
RenaissanceRe Holdings Ltd. Announces Twenty-Third Consecutive Annual Increase in Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:RNR) today
voted to increase the Company’s quarterly dividend to $0.33 per common
share, from $0.32 per common share.
Jan 31, 2018 04:15 pm ET
RenaissanceRe Reports Net Loss of $3.5 Million for the Fourth Quarter of 2017, or $0.09 Per Diluted Common Share; Quarterly Operating Income of $41.4 Million or $1.05 Per Diluted Common Share
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or
“RenaissanceRe”) today reported net loss attributable to RenaissanceRe
common shareholders of $3.5 million, or $0.09 per diluted common share,
in the fourth quarter of 2017, compared to net income available to
RenaissanceRe common shareholders of $69.4 million, or $1.69 per diluted
common share, in the fourth quarter of 2016. Operating income available
to RenaissanceRe common shareholders was $41.4 million, or $1.05 per
diluted common share, in the fourth quarter of 2017, compared to $108
Jan 18, 2018 04:15 pm ET
RenaissanceRe to Acquire Minority Shareholding in Catalina
Catalina Holdings (Bermuda) Ltd (“Catalina”) and RenaissanceRe Holdings
Ltd. (“RenaissanceRe”) (NYSE:RNR) are pleased to announce that
RenaissanceRe Ventures Ltd., a subsidiary of RenaissanceRe, has signed a
definitive agreement to acquire a minority shareholding in Catalina. The
agreement is subject to regulatory approval and is expected to close
concurrently with the majority acquisition of Catalina by affiliates of
Apollo Global Management (“Apollo”).
Jan 11, 2018 08:30 am ET
Reinsurance Group of America and RenaissanceRe Launch Langhorne Re
Reinsurance
Group of America, Incorporated (NYSE: RGA), a leading global life
reinsurer, and
Jan 09, 2018 04:15 pm ET
RenaissanceRe Schedules Fourth Quarter and Year-End 2017 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or
“RenaissanceRe”) will conduct an investment community conference call on
Thursday, February 1, 2018, at 10:00 a.m. ET to discuss its financial
results for the fourth quarter of 2017, as well as the Company's
outlook. RenaissanceRe will release its results following the close of
market on Wednesday, January 31, 2018.
Dec 22, 2017 08:30 am ET
RenaissanceRe Announces Estimated Impact of U.S. Tax Bill
RenaissanceRe Holdings Ltd. (NYSE:RNR) (the “Company” or
“RenaissanceRe”) today announced that it has conducted a preliminary
assessment of the Tax Cuts and Jobs Act of 2017 (the “Tax Bill”), passed
by both houses of the United States Congress as of December 20, 2017.
The Tax Bill amends a range of U.S. federal tax rules applicable to
individuals, businesses and international taxation, including, among
other things, altering the current taxation of insurance premiums ceded
from a United States domestic corporation to any non-U.S. affiliate.
Dec 06, 2017 08:30 am ET
RenaissanceRe Announces $90 Million Initial Estimated Net Negative Impact from October 2017 California Wildfires
RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the
“Company”) today announced 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 October
2017 California Wildfires caused widespread damage to both personal and
commercial property in and around the impacted regions.
Nov 29, 2017 04:15 pm ET
Global Insurance Leaders Discuss Mitigation, Best Practices, and Lessons Learned from Recent Natural Catastrophe Activity at Lloyd’s
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 today to discuss strategies for improving
natural catastrophe resiliency and closing the protection coverage gap
at the “Improving Natural Catastrophe Resiliency: Insurance vs
Intervention” forum sponsored by one of the world’s leading
catastrophe reinsurers, RenaissanceRe Holdings Ltd. (NYSE:RNR) (the
Nov 16, 2017 05:11 pm ET
RenaissanceRe Women’s Forum Hosts Female Senior School Students for Career Day
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or
“RenaissanceRe”) 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.
Nov 10, 2017 04:15 pm ET
RenaissanceRe Holdings Ltd. Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR)
announced today 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.
Oct 31, 2017 04:15 pm ET
RenaissanceRe Reports Net Loss of $504.8 Million for the Third Quarter of 2017, or a Loss of $12.75 Per Diluted Common Share; Quarterly Operating Loss of $546.9 Million or a Loss of $13.81 Per Diluted
RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or
“RenaissanceRe”) today 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
RenaissanceRe common shareholders of $146.8 million, or $3.56 per
diluted common share, in the third quarter of 2016. Operating loss
attributable to RenaissanceRe common shareholders was $546.9 million, or
$13.81 per diluted common share, in the third quarter of 2017, compared
Oct 17, 2017 04:15 pm ET
RenaissanceRe Donates $250,000 to Support Development of Bermuda Zoological Society’s Trunk Island Living Classroom
RenaissanceRe Holdings Ltd. (NYSE:RNR) (the “Company” or
“RenaissanceRe”) presented the Bermuda Zoological Society (the “BZS”)
with a $250,000 donation in support of the science education and
experiential learning programs offered through the Trunk Island Living
Classroom.
Oct 05, 2017 04:15 pm ET
RenaissanceRe Schedules Third Quarter 2017 Financial Results Conference Call
RenaissanceRe Holdings Ltd. (NYSE:RNR) will conduct an investment
community conference call on Wednesday, November 1, 2017, at 10:00 a.m.
ET to discuss its financial results for the third quarter of 2017, as
well as the Company's outlook. RenaissanceRe will release its results
following the close of market on Tuesday, October 31, 2017.
Oct 04, 2017 04:15 pm ET
RenaissanceRe Announces $625 Million Initial Estimated Net Negative Impact from Hurricanes Harvey, Irma and Maria and the Mexico City Earthquake
RenaissanceRe Holdings Ltd. (NYSE:RNR) (“RenaissanceRe” or the
“Company”) today announced it anticipates an initial estimated net
negative impact of $625 million from Hurricanes Harvey, Irma and Maria
and the Mexico City Earthquake. These events caused widespread damage to
both personal and commercial property in and around the impacted regions.
Sep 21, 2016 08:45 am ET
Sanders Appointed to First Business Board of Directors
MADISON, Wis., Sept. 21, 2016 (GLOBE NEWSWIRE) -- First Business Financial Services, Inc. (NASDAQ:FBIZ) announced today that Carol P. Sanders has been appointed to the Board of Directors of First Business Financial Services, Inc....
Apr 28, 2016 06:44 pm ET
Universal Insurance Holdings, Inc. Announces Sale of $10 Million of Common Stock to RenaissanceRe
FORT LAUDERDALE, Fla., April 28, 2016 /PRNewswire/ -- Universal Insurance Holdings, Inc. (NYSE: UVE) today announced that it has sold 583,771 shares of common stock to RenaissanceRe Ventures Ltd., a subsidiary of RenaissanceRe Holdings Ltd. (NYSE: RNR) (collectively, "RenaissanceRe"), in a private placement. RenaissanceRe is a global provider of catastrophe and specialty reinsurance and insurance.
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