OLDWICK, N.J., Feb 3, 2003 (BUSINESS WIRE) -- A.M. Best Co. has affirmed the financial strength ratings of RenaissanceRe Holdings Ltd.'s (RenaissanceRe) (NYSE:RNR) operating subsidiaries, of which Renaissance Reinsurance Ltd. (both of Bermuda) is the lead company with a financial strength rating of
OLDWICK, N.J., Feb 27, 2002 (BUSINESS WIRE) -- A.M. Best Co. has extended indicative ratings of "a" to senior unsecured debt, "a-" to subordinated debt and "bbb" to preferred stock for RenaissanceRe Holdings Ltd.'s (NYSE: RNR), Bermuda, recently filed $500 million shelf registration.
AXA Liabilities Managers (AXA LM) has agreed to acquire RenaissanceRe (UK) Limited (RRUKL), a company currently in run-off, from RenaissanceRe Holdings Ltd. (RenaissanceRe) (NYSE: RNR). The acquisition, which is expected to close later this year, is subject to regulatory approval and will be made
PEMBROKE, Bermuda --(BUSINESS WIRE)--Feb. 23, 2015-- RenaissanceRe Holdings Ltd. (NYSE:RNR) announced today that W. James (“Jim”) MacGinnitie, 76, who has served as a member of the Board since 2000, will retire as a Director, and that William F. (“Bill”) Hagerty IV, 55, will join the Board, each to
PEMBROKE, Bermuda--(BUSINESS WIRE)--Jan. 27, 2003--Bill Riker, President & Chief Operating Officer of RenaissanceRe Holdings Ltd. (NYSE: RNR), is scheduled to present at the New York Society of Security Analysts Annual Insurance Conference Today at 4:20 p.m. EST.
PEMBROKE , Bermuda --(BUSINESS WIRE)--Feb. 20, 2013-- RenaissanceRe Holdings Ltd. (NYSE:RNR) announced today that Thomas A. Cooper, 76, who has served as a member of the Board since 1996, will retire as a Director, and that Brian G. J. Gray , the recently retired Group Chief Underwriting Officer of
PEMBROKE, Bermuda --(BUSINESS WIRE)--Feb. 19, 2016-- RenaissanceRe Holdings Ltd. (NYSE:RNR) announced today that Nicholas L. Trivisonno, 68, who has served as a member of the Board since 2004, will retire as a Director, and that Carol P. Sanders , 49, has been nominated to join the Board, each to
PEMBROKE, Bermuda--(BUSINESS WIRE)--July 25, 2005--RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today that James N. Stanard, the Company's Chairman and Chief Executive Officer, has received a "Wells Notice" from the staff of the U.S. Securities and Exchange Commission (the "SEC") in connection
Feb 28, 2002 (BUSINESS WIRE) -- In BW2528-2/27, (NJ-A.M.-BEST-2) A.M. Best Rates RenaissanceRe's $500 Million Shelf Registration of Mixed Securities, throughout release company name should read xxx Capital Trust (sted Capital Trust II). URL: http://www.businesswire.com Today's News On The Net -
PEMBROKE, Bermuda --(BUSINESS WIRE)--Feb. 7, 2019-- 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
PEMBROKE, Bermuda--(BUSINESS WIRE)--May 6, 2008--RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today that Dan R. Eudy has joined the Company as Senior Vice President of the Glencoe Group, which conducts the organization's Individual Risk business. Mr. Eudy, who will report to William J.
PEMBROKE, Bermuda--(BUSINESS WIRE)--June 23, 2004--RenaissanceRe Holdings Ltd. (NYSE: RNR) today announced that David A. Eklund, RenaissanceRe Executive Vice President, and President and Chief Underwriting Officer of Renaissance Reinsurance Ltd., is resigning from the Company to pursue personal
PEMBROKE, Bermuda --(BUSINESS WIRE)--Jan. 14, 2016-- RenaissanceRe Holdings Ltd. (NYSE:RNR) (the “Company”) announced today that David E. Marra , who has been Senior Vice President and Chief Underwriting Officer – Casualty & Specialty of the Company since 2013, will become the President of
PEMBROKE, Bermuda --(BUSINESS WIRE)--Aug. 2, 2017-- RenaissanceRe Holdings Ltd. (NYSE:RNR) announced today that Duncan P. Hennes, 60, and Dr. Valerie Rahmani , 59, have been appointed to serve as independent directors effective August 2, 2017 . Mr. Hennes is the Co-Founder and Partner of Atrevida
PEMBROKE, Bermuda, Aug 11, 2010 (BUSINESS WIRE) -- RenaissanceRe Holdings Ltd. (NYSE:RNR) announced today that William F. Hecht, 67, who has served as a member of the Board since November 2001, will retire as a Director and that Edward J. Zore, the recently retired Chairman and Chief Executive
Leaders Stress the Importance of Accelerating Risk Mitigation and Resilience Efforts as Climate Change Intensifies Natural Catastrophes and Community Vulnerabilities NEW YORK , Nov. 21, 2019 /PRNewswire/ -- Government and business leaders joined scientific and environmental experts today to discuss
Click here for PDF version of this release TALLAHASSEE, Fla. – Following the Fall Corporate Board meeting of the nonprofit Federal Alliance for Safe Homes- FLASH®, Inc. the organization today announced that Bermuda-based RenaissanceRe Holdings Ltd. (NYSE: RNR) and its U.S.
PEMBROKE, Bermuda--(BUSINESS WIRE)--May 23, 2006--RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today that Fred R. Donner is joining the Company as Executive Vice President and Chief Financial Officer. He succeeds John M. Lummis who, as previously announced, is retiring from the Company
Leading Catastrophe Reinsurer Hosts Forum “Improving Natural Catastrophe Resiliency: Insurance vs Intervention” LONDON--(BUSINESS WIRE)--Nov. 29, 2017-- In light of the rise in natural catastrophe events occurring during the 2017 Atlantic hurricane season, approximately 100 leading insurance
PEMBROKE, Bermuda--(BUSINESS WIRE)--May 24, 2006--RenaissanceRe Holdings Ltd. (NYSE: RNR) today announced that Henry Klehm III, Global Head of Compliance of Deutsche Bank, AG, has been elected to its Board of Directors. The addition of Henry Klehm brings the total number of directors on the
Missouri Forum Tackled Important Issues Around Earthquake and Flood Insurance and Community Resiliency KANSAS CITY, Mo. , Oct. 26, 2018 /PRNewswire/ -- After a year of devastating natural catastrophes, insurance industry experts, policymakers, scientists and environmentalists from across the
PEMBROKE, Bermuda--(BUSINESS WIRE)--May 2, 2005--RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today that its Board of Directors has nominated Jean D. Hamilton, 58, for election to the Board at the Company's Annual Meeting of Shareholders on June 9. If elected, Ms.
DALLAS--(BUSINESS WIRE)--March 30, 2006--Glencoe U.S. Holdings Inc., part of the Glencoe Group of Companies and a subsidiary of RenaissanceRe Holdings Ltd. (NYSE: RNR), a global provider of reinsurance and insurance, announced today that Michael S. Nuenke has been promoted to Senior Vice President
PEMBROKE, Bermuda--(BUSINESS WIRE)--May 22, 2006--RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today that Neill A. Currie, Chief Executive Officer, will deliver a presentation at the Sanford C. Bernstein & Co. Twenty-Second Annual Strategic Decisions Conference in New York on Friday, June 2,
ARMONK, N.Y., Oct. 3, 2003 -- MBIA Inc. (“MBIA”), RenaissanceRe Holdings Ltd. (“Renaissance”), Koch Financial Corporation (“Koch Financial”) and PartnerRe Ltd. (“PartnerRe”) today announced that they are in discussions regarding the formation of a new Bermuda-based financial guaranty reinsurance
PEMBROKE, Bermuda--(BUSINESS WIRE)--June 1, 2004--RenaissanceRe Holdings Ltd. (NYSE:RNR) announced today the election of Mr. Nicholas L. Trivisonno, 57, former Chairman and Chief Executive Officer of ACNielsen Corporation, to its Board of Directors at its 2004 Annual Meeting of Shareholders.
PEMBROKE, Bermuda--(BUSINESS WIRE)--Aug. 14, 2007--RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today that its Board of Directors has named Ralph B. Levy, 61, as a member of its Board of Directors. Mr. Levy is a Senior Partner in the Atlanta headquarters office of King & Spalding LLP, a
einsurance industry leaders announce formation of global reinsurer offering solutions for large in-force life and annuity blocks ST. LOUIS--( BUSINESS WIRE )-- Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life reinsurer, and RenaissanceRe Holdings Ltd.
PEMBROKE, Bermuda, Apr 22, 2002 (BUSINESS WIRE) -- RenaissanceRe (NYSE: RNR) -- Achieves ROE of 31% for the First Quarter -- 73% Growth in Managed Cat Premium for the First Quarter -- Reports Growth in Premiums from Specialty Reinsurance and Cat Exposed Primary Insurance of $100 million --
PEMBROKE, Bermuda --(BUSINESS WIRE)--Apr. 1, 2022-- 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
PEMBROKE, Bermuda, Nov 25, 2008 (BUSINESS WIRE) -- RenaissanceRe Holdings Ltd.'s (NYSE: RNR) U.S. affiliate, WeatherPredict Consulting Inc. (WeatherPredict), today announced the acquisition of the primary technology assets of Commodity Hedgers, Inc., a specialist in remotely sensed meteorological
PEMBROKE, Bermuda, Nov 17, 2008 (BUSINESS WIRE) -- U.S. affiliate of RenaissanceRe Holdings Ltd. (NYSE: RNR) WeatherPredict Consulting Inc. and the University of Rhode Island Foundation (URIF), on behalf of the University's Graduate School of Oceanography (URI-GSO), today announced the awarding of
PEMBROKE, Bermuda, Nov 18, 2010 (BUSINESS WIRE) -- RenaissanceRe Holdings Ltd. (NYSE:RNR) (the "Company") announced today that it has entered into a definitive agreement with QBE Holdings, Inc. to sell its U.S. property and casualty business underwritten through managing general agents, its crop
PEMBROKE , Bermuda --(BUSINESS WIRE)--Sep. 3, 2013-- RenaissanceRe Holdings Ltd. (NYSE:RNR), (“the Company”) announced today that it has entered into an agreement with Munich Re to sell its U.S.-based weather and weather-related energy risk management unit, RenRe Energy Advisors Ltd. (“REAL”).
HAMILTON, Bermuda--(BUSINESS WIRE)--June 18, 2008--To mark the start of Hurricane Season 2008, RenaissanceRe Holdings Ltd. (NYSE:RNR) announced key findings from the first ever Hurricane Risk Mitigation Leadership Forum, which it co-sponsored with its affiliate WeatherPredict Consulting Inc., the
PEMBROKE, Bermuda--(BUSINESS WIRE)--Aug. 26, 2008--RenaissanceRe Holdings Ltd. (NYSE: RNR), its U.S. affiliate WeatherPredict Consulting Inc. and partners the Federal Alliance for Safe Homes, Inc. - FLASH(R), Simpson Strong-Tie and State Farm today opened "StormStruck: A Tale of Two Homes(TM)", a
PEMBROKE, Bermuda --(BUSINESS WIRE)--Jul. 2, 2009-- RenaissanceRe Holdings Ltd. (NYSE: RNR) today announced the successful completion of the " Safe Homes for All" Risk Mitigation Leadership Forum, held in Washington, D.C. on June 24th . The Forum's principal sponsors were RenaissanceRe’s affiliate,
PEMBROKE, Bermuda--(BUSINESS WIRE)--July 28, 2008--RenaissanceRe Holdings Ltd. (NYSE:RNR) today announced the successful completion of the first Northeast Hurricane Mitigation Leadership Forum held July 10-11, 2008 in Newport, Rhode Island. The Forum was co-sponsored by RenaissanceRe's affiliate,
PEMBROKE, Bermuda--(BUSINESS WIRE)--Jan. 28, 2003--RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today an offering to sell $100 million in 10-year senior notes. RenaissanceRe expects to use the net proceeds from the offering for general corporate purposes.
PEMBROKE, Bermuda--(BUSINESS WIRE)--Jan. 30, 2003--RenaissanceRe Holdings Ltd. (NYSE:RNR) announced today an offering to sell $100 million of 7.30% Series B Preference Shares. RenaissanceRe expects to use the net proceeds from the offering for general corporate purposes. Salomon Smith Barney Inc.
PEMBROKE, Bermuda --(BUSINESS WIRE)--Dec. 20, 2012-- RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced its initial estimated net negative impact from Storm Sandy , which occurred in late October 2012 and resulted in widespread damage to personal and
PEMBROKE, Bermuda, Apr 18, 2011 (BUSINESS WIRE) -- RenaissanceRe Holdings Ltd. (NYSE: RNR) ("RenaissanceRe" or the "Company") today announced its initial loss estimate from the Tohoku earthquake and subsequent tsunami (collectively, the "Tohoku earthquake"), which impacted the northeastern coast of
PEMBROKE, Bermuda --(BUSINESS WIRE)--Jun. 11, 2018-- 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
PEMBROKE, Bermuda --(BUSINESS WIRE)--May. 20, 2013-- RenaissanceRe Holdings Ltd. (NYSE:RNR) announced today it has agreed to sell in an underwritten public offering $275 million aggregate liquidation preference of its 5.375% Series E Preference Shares, or 11 million shares, with a liquidation
PEMBROKE, Bermuda--(BUSINESS WIRE)--Dec. 12, 2006--RenaissanceRe Holdings Ltd. (NYSE:RNR) announced today it has agreed to sell in an underwritten public offering $300 million aggregate liquidation preference of its 6.60% Series D Preference Shares, with a liquidation preference of $25 per share.
PEMBROKE, Bermuda --(BUSINESS WIRE)--Jul. 7, 2021-- 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%
PEMBROKE, Bermuda --(BUSINESS WIRE)--Oct. 4, 2017-- 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.
PEMBROKE, Bermuda--(BUSINESS WIRE)--Dec. 6, 2017-- RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe” or the “Company”) today announced it currently estimates that losses from the October 2017California Wildfires will have a net negative impact of $90 million on its fourth quarter 2017
PEMBROKE, Bermuda--(BUSINESS WIRE)--April 11, 2008--RenaissanceRe Holdings Ltd. (NYSE: RNR) announced an agreement to acquire the assets of Agro National, a premier managing general underwriter of crop insurance offering high quality products and services to the agricultural community.
PEMBROKE , Bermuda --(BUSINESS WIRE)--Jun. 5, 2009-- RenaissanceRe Holdings Ltd. (NYSE: RNR) (“the Company”) announced today that it has entered into an agreement providing for the acquisition of Spectrum Partners, Ltd. , whose principal operating subsidiary is Spectrum Syndicate Management Ltd.
James Gibbons to Become Non-Executive Chair; Ralph Levy to Continue Board Service PEMBROKE, Bermuda --(BUSINESS WIRE)--Nov. 16, 2015-- RenaissanceRe Holdings Ltd. (NYSE:RNR) announced today that James L. Gibbons, who has been a member of the Board since 2008 and Chair of the Audit Committee since
PEMBROKE, Bermuda--(BUSINESS WIRE)--Jan. 31, 2003--RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today that its previously announced public offering of $100 million of 10-year senior notes has closed. RenaissanceRe received total net proceeds of the offering of approximately $99,144,000, which
PEMBROKE, Bermuda, Jun 01, 2011 (BUSINESS WIRE) -- RenaissanceRe Holdings Ltd. (NYSE: RNR) today announced that its consolidated joint venture, DaVinciRe Holdings Ltd. ("DaVinci"), completed an equity capital raise of $100 million from new and existing investors.
PEMBROKE, Bermuda --(BUSINESS WIRE)--Feb. 16, 2015-- RenaissanceRe Holdings Ltd. (NYSE: RNR) (“RenaissanceRe”) today announced the definitive election deadline of 5:00 p.m. Eastern Time on February 26, 2015 (the “Election Deadline”) for shareholders of Platinum Underwriters Holdings, Ltd.
PEMBROKE, Bermuda --(BUSINESS WIRE)--Jan. 12, 2021-- 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
PEMBROKE, Bermuda--(BUSINESS WIRE)--Dec. 22, 2017-- 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
PEMBROKE, Bermuda --(BUSINESS WIRE)--Oct. 17, 2018-- 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
PEMBROKE , Bermuda --(BUSINESS WIRE)--Oct. 15, 2019-- 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
PEMBROKE, Bermuda --(BUSINESS WIRE)--Oct. 13, 2020-- 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
PEMBROKE, Bermuda --(BUSINESS WIRE)--Apr. 14, 2021-- 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
PEMBROKE, Bermuda --(BUSINESS WIRE)--Jan. 13, 2021-- 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
PEMBROKE, Bermuda --(BUSINESS WIRE)--Oct. 12, 2021-- 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
PEMBROKE, Bermuda --(BUSINESS WIRE)--Oct. 19, 2022-- 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
PEMBROKE , Bermuda --(BUSINESS WIRE)--Nov. 19, 2015-- RenaissanceRe Holdings Ltd. (NYSE:RNR) (“RenaissanceRe”) announced today the following succession changes at RenaissanceRe Syndicate Management Limited (“RSM”) effective for 2016. At that time, Hugh Brennan , currently RSM’s Finance Director,
PEMBROKE, Bermuda --(BUSINESS WIRE)--Jun. 1, 2012-- RenaissanceRe Holdings Ltd. (NYSE: RNR) today announced the formation of Timicuan Reinsurance III Limited (“Tim Re III”), a new Bermuda reinsurance company, creating additional reinsurance capacity for the Florida homeowners market. Renaissance
PEMBROKE, Bermuda --(BUSINESS WIRE)--Jan. 3, 2013-- RenaissanceRe Holdings Ltd. (NYSE: RNR) today announced the formation of Upsilon Reinsurance II Ltd. (“Upsilon Re II”), a new Bermuda domiciled special purpose insurance vehicle, creating additional reinsurance capacity for the worldwide aggregate
PEMBROKE, Bermuda--(BUSINESS WIRE)--June 4, 2007--RenaissanceRe Holdings Ltd. (NYSE:RNR) today announced the formation and funding of Starbound Reinsurance II Limited ("Starbound II"), a new Bermuda reinsurance company, creating approximately $375 million in new reinsurance capacity for the Florida
PEMBROKE, Bermuda --(BUSINESS WIRE)--Jun. 1, 2009-- RenaissanceRe Holdings Ltd. (NYSE: RNR) today announced the formation and funding of Timicuan Reinsurance II Ltd. (“Tim Re II”), a new Bermuda reinsurance company, creating additional reinsurance capacity for the Florida homeowners market for the