PEMBROKE, Bermuda--(BUSINESS WIRE)--Oct. 14, 2004--RenaissanceRe Holdings (NYSE: RNR) will conduct an investment community conference call on Thursday, October 28, 2004 at 8:00 a.m. ET to discuss its financial results for the third quarter of 2004, as well as the company's outlook.
PEMBROKE, Bermuda--(BUSINESS WIRE)--Sept. 29, 2004--RenaissanceRe Holdings Ltd. (NYSE: RNR) today said that it estimates that Hurricanes Charley, Frances, Ivan and Jeanne will have a combined negative impact on the Company's third quarter earnings of approximately $425 million.
PEMBROKE, Bermuda--(BUSINESS WIRE)--Aug. 20, 2004--RenaissanceRe Holdings Ltd. (NYSE: RNR) today said that, based on initial loss reports, it estimates that Hurricane Charley will negatively impact the Company's third quarter earnings by an amount ranging from $100 to $140 million.
PEMBROKE, Bermuda, Aug 5, 2004 (BUSINESS WIRE) -- The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:RNR) announced today a quarterly dividend of $0.19 per common share on its common stock. The dividend is payable on September 15, 2004 to shareholders of record on September 1, 2004.
Click here for a printable version of the release Operating EPS of $2.00 Per Common Share for the Second Quarter of 2004 Vs. $1.84 for the Second Quarter of 2003 $116.2 Million Net Income for the Second Quarter of 2004; EPS of $1.62 for the Second Quarter of 2004 vs.
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)--June 16, 2004--RenaissanceRe Holdings (NYSE: RNR) will conduct an investment community conference call on Wednesday, July 28, 2004 at 9:00 a.m. ET to discuss its financial results for the second quarter of 2004, as well as the company's outlook.
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.
Click here for a printable version of the release PEMBROKE, Bermuda--(BUSINESS WIRE)--May 21, 2004--The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:RNR) announced today a quarterly dividend of $0.19 per common share on its common stock. The dividend is payable on June 15, 2004 to
PEMBROKE, Bermuda--(BUSINESS WIRE)--May 4, 2004--RenaissanceRe (NYSE: RNR) Operating EPS of $1.93 Per Common Share for the First Quarter of 2004 vs. $1.84 for the First Quarter of 2003 $170.4 Million Net Income for the First Quarter of 2004; EPS of $2.38 for the First Quarter of 2004 vs.
PEMBROKE, Bermuda, Apr 19, 2004 (BUSINESS WIRE) -- RenaissanceRe Holdings (NYSE:RNR) will conduct an investment community conference call on Wednesday, May 5, 2004 at 8:00 a.m. ET to discuss its financial results for the first quarter of 2004, as well as the company's outlook.
PEMBROKE, Bermuda--(BUSINESS WIRE)--March 23, 2004--RenaissanceRe Holdings Ltd. (NYSE:RNR) announced today that it has sold $250.0 million of 6.08% Series C Preference Shares at $25.00 per share. The Company has applied for approval from the New York Stock Exchange (NYSE) to list the Series C
PEMBROKE, Bermuda--(BUSINESS WIRE)--March 3, 2004--The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:RNR) today voted to increase the Company's quarterly dividend to $0.19 per common share on its common stock, from $0.15 per common share. James N.
PEMBROKE, Bermuda--(BUSINESS WIRE)--Feb. 19, 2004--The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:RNR) has declared a quarterly dividend of $0.50625 per each 8.10% Series A Preference Share. The dividend is payable on March 1, 2004 to shareholders of record on February 27, 2004.
PEMBROKE, Bermuda--(BUSINESS WIRE)--Feb. 3, 2004--RenaissanceRe Holdings Ltd. (NYSE: RNR) $605 Million Net Income for 2003, or EPS of $8.52 for 2003; EPS of $2.25 for the fourth quarter of 2003 Individual Risk Premium Grows to $447 Million in 2003 Compared to $283 Million in 2002 Managed Specialty
PEMBROKE, Bermuda--(BUSINESS WIRE)--Jan. 21, 2004--RenaissanceRe Holdings (NYSE: RNR) will conduct an investment community conference call on Wednesday, February 4, 2004 at 8:00 a.m. ET to discuss its financial results for the fourth quarter and full year 2003, as well as the company's outlook.
RenaissanceRe Projects $6.10 to $6.50 Operating EPS for 2004--Expects 2004 Operating Return on Equity in the range of 20% PEMBROKE, Bermuda, Dec 2, 2003 (BUSINESS WIRE) -- RenaissanceRe Holdings Ltd. (NYSE: RNR) today announced that it expects to report operating earnings for the three months ended
PEMBROKE, Bermuda, Nov 25, 2003 (BUSINESS WIRE) -- The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:RNR) has declared a quarterly dividend of $0.50625 per each 8.10% Series A Preference Share. The dividend is payable on December 1, 2003 to shareholders of record on November 28, 2003.
PEMBROKE, Bermuda--(BUSINESS WIRE)--Nov. 13, 2003--The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:RNR) has approved a quarterly dividend of $0.15 per common share. The dividend is payable on December 15, 2003 to shareholders of record on December 5, 2003. RenaissanceRe Holdings Ltd.
Robert J. Lamendola to Lead Surety Reinsurance James R. Lewis to Lead Medical Malpractice Reinsurance PEMBROKE, Bermuda--(BUSINESS WIRE)--Oct. 22, 2003-- RenaissanceRe Holdings Ltd. (NYSE:RNR) announced today two new appointments in its specialty reinsurance business. Robert J.
Click here to view this release in printable (PDF) format Operating EPS of $1.57 per Common Share for 2003 Third Quarter Compared to $1.11 for 2002 Third Quarter Continued Growth in Individual Risk Premiums - Ahead of Previous Expectations Achieves Annualized Operating Return on Equity of 24% for
PEMBROKE, Bermuda--(BUSINESS WIRE)--Oct. 10, 2003--RenaissanceRe Holdings (NYSE: RNR) will conduct an investment community conference call on Wednesday, October 22, at 10:00 a.m. ET to discuss its financial results for the third quarter 2003, as well as the company's outlook.
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, Aug 15, 2003 (BUSINESS WIRE) -- In connection with the filing of its Form 10-Q for the quarter ended June 30, 2003, RenaissanceRe Holdings Ltd. (NYSE:RNR) noted that the Company has reflected its equity appreciation related to its investments in hedge funds and private equity
PEMBROKE, Bermuda--(BUSINESS WIRE)--Aug. 7, 2003--The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:RNR) has approved a quarterly dividend of $0.15 per common share. The dividend is payable on September 15, 2003 to shareholders of record on September 10, 2003. RenaissanceRe Holdings Ltd.
Click here to view this release in printable (PDF) format PEMBROKE, Bermuda--(BUSINESS WIRE)--July 22, 2003--RenaissanceRe Holdings Ltd. (NYSE: RNR) Net Income of $2.54 Per Common Share for 2003 Second Quarter Compared to $1.37 Per Common Share for 2002 Second Quarter Increases 2003 Operating
Click here to view this release in printable (PDF) format PEMBROKE, Bermuda, Jul 10, 2003 (BUSINESS WIRE) -- RenaissanceRe Holdings (NYSE:RNR) will conduct an investment community conference call on Wednesday, July 23rd at 10:00 a.m. EDT to discuss its financial results for second quarter 2003, as
PEMBROKE, Bermuda--(BUSINESS WIRE)--May 20, 2003--The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:RNR) has approved a quarterly dividend of $0.15 per common share. The dividend is payable on June 16, 2003 to shareholders of record on June 2, 2003. RenaissanceRe Holdings Ltd.
PEMBROKE, Bermuda--(BUSINESS WIRE)--May 14, 2003--RenaissanceRe Holdings Ltd. (NYSE: RNR) is pleased to announce that the Glencoe Group of insurance companies has been rated "A (Excellent) FSC IX" by A.M. Best. The current A (Excellent) FSC IX A.M. Best rating for Glencoe Insurance Ltd.
Click here to view this release in printable (PDF) format PEMBROKE, Bermuda, Apr 22, 2003 (BUSINESS WIRE) -- RenaissanceRe Holdings Ltd. (NYSE: RNR) Operating EPS of $1.80 per Common Share for 2003 First Quarter vs. $1.24 for First Quarter of 2002 25% Growth in Managed Catastrophe Premium for the
NEW YORK--(BUSINESS WIRE)--April 10, 2003--RenaissanceRe Holdings (NYSE: RNR) will conduct an investment community conference call on Wednesday, April 23rd at 10:00 a.m. ET to discuss its financial results for first quarter 2003, as well as the company's outlook.
PEMBROKE, Bermuda--(BUSINESS WIRE)--Feb. 13, 2003--The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:RNR) today voted to increase the Company's quarterly dividend to $0.15 per share on its common stock, from $0.142 per common share. The Company has increased its dividend during each of
PEMBROKE, Bermuda--(BUSINESS WIRE)--Feb. 4, 2003--RenaissanceRe Holdings Ltd. (NYSE: RNR): Managed Catastrophe Premium Increases by 67% for the Full Year 2002 Individual Risk Premium Grows to $260 million in 2002 Compared to $50 million in 2001 Specialty Reinsurance Premium Grows to $247 million in
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
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--(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)--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. 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)--Jan. 27, 2003--Prior to its appearance at conferences sponsored by the New York Society of Securities Analysts and Salomon Smith Barney this week, RenaissanceRe Holdings Ltd. (NYSE: RNR) announced that it expects over 15% growth in its consolidated written
PEMBROKE, Bermuda--(BUSINESS WIRE)--Jan. 22, 2003--RenaissanceRe Holdings (NYSE: RNR) will conduct an investment community conference call on Wednesday, February 5th at 9:00 a.m. ET to discuss its financial results for the fourth quarter and year end 2002, as well as the company's outlook.
PEMBROKE, Bermuda--(BUSINESS WIRE)--Nov. 7, 2002--The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:RNR) today declared a regular quarterly dividend of $0.142 per share of common stock. The dividend is payable on December 16, 2002 to shareholders of record on December 2, 2002.
PEMBROKE, Bermuda--(BUSINESS WIRE)--Oct. 21, 2002--RenaissanceRe Holdings Ltd. (NYSE: RNR) Managed Catastrophe Premium Increases by 54% in the Third Quarter 2002 Individual Risk Premium Grows to $81 million in 2002 Third Quarter Compared to $11 million in 2001 Specialty Reinsurance Premium Grows to
PEMBROKE, Bermuda, Oct 14, 2002 (BUSINESS WIRE) -- RenaissanceRe Holdings Ltd. (NYSE: RNR): Expects Third Quarter 2002 Operating Earnings at $1.10 to $1.15; Full Year 2002 Operating Earnings Anticipated to be in the Range of $4.65 to $4.80 Per Share Company Announces Plans to Expense Options
PEMBROKE, Bermuda, Oct 7, 2002 (BUSINESS WIRE) -- RenaissanceRe Holdings (NYSE: RNR) will conduct an investment community conference call on Tuesday, October 22, 2002 at 9:30 a.m. ET to discuss its financial results for the third quarter 2002, as well as the company's outlook.
PEMBROKE, Bermuda--(BUSINESS WIRE)--Sept. 23, 2002--RenaissanceRe Holdings Ltd. (NYSE: RNR), announced today it has reached an agreement with Platinum Underwriters Holdings, Ltd. to purchase 3,960,000 of the common shares of Platinum in a private placement concurrent with the closing of Platinum's
PEMBROKE, Bermuda, Sep 23, 2002 (BUSINESS WIRE) -- RenaissanceRe Holdings Ltd. (NYSE: RNR), announced today it has reached an agreement with Platinum Underwriters Holdings, Ltd. to purchase 3,960,000 of the common shares of Platinum in a private placement concurrent with the closing of Platinum's
PEMBROKE, Bermuda--(BUSINESS WIRE)--Aug. 8, 2002-–The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:RNR) today declared a regular quarterly dividend of $0.142 per share of common stock. The dividend is payable on September 16, 2002 to shareholders of record on September 2, 2002.
PEMBROKE, Bermuda, Jul 22, 2002 (BUSINESS WIRE) -- -- Achieves Annualized ROE of 31% for the Second Quarter -- 56% Growth in Managed Cat Premium for the Quarter -- Specialty Reinsurance & Glencoe Insurance Premium Increases to $143.0 Million in the Quarter, Compared to $17.5 Million in the Second
PEMBROKE, Bermuda, Jul 16, 2002 (BUSINESS WIRE) -- RenaissanceRe Holdings (NYSE: RNR) will conduct an investment community conference call on Tuesday, July 23, 2002 at 9:30 a.m. ET to discuss its financial results for the second quarter 2002, as well as the company's outlook.
PEMBROKE, Bermuda, May 28, 2002 (BUSINESS WIRE) -- RenaissanceRe Holdings Ltd. (NYSE: RNR) and its subsidiary companies, Renaissance Reinsurance and Glencoe Insurance have announced the following promotions: - Michael W. Cash has been promoted to Senior Vice President - Specialty Reinsurance.
PEMBROKE, Bermuda, May 2, 2002 (BUSINESS WIRE) -- RenaissanceRe Holdings Ltd. (NYSE: RNR) today announced that its Board of Directors has approved a three-for-one split of the Company's common stock in the form of a stock dividend. The stock dividend will be paid on May 30, 2002 to shareholders of
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, Apr 15, 2002 (BUSINESS WIRE) -- RenaissanceRe Holdings (NYSE: RNR) will conduct an investment community conference call on Tuesday, April 23, 2002 at 9:30 a.m. ET to discuss its financial results for the first quarter 2002, as well as the company's outlook.
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 -
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.
PEMBROKE, Bermuda, Feb 25, 2002 (BUSINESS WIRE) -- RenaissanceRe Holdings Ltd. (NYSE:RNR) today announced that the Company has filed with the Securities and Exchange Commission (SEC) a shelf registration statement for the proposed offering of up to $500 million of securities.
PEMBROKE, Bermuda, Feb 21, 2002 (BUSINESS WIRE) -- RenaissanceRe Holdings Ltd. (NYSE: RNR) today announced the following management appointments: -- William I. Riker has been appointed President and Chief Operating Officer of RenaissanceRe Holdings, and will retain his position as Chief Operating
PEMBROKE, Bermuda, Feb 13, 2002 (BUSINESS WIRE) -- RenaissanceRe Holdings Ltd. (NYSE: RNR) today announced that RenaissanceRe expects to assume the catastrophe reinsurance premium which it had previously written on behalf of the OPCat subsidiary of Overseas Partners Ltd. (OPL).
PEMBROKE, Bermuda, Feb 5, 2002 (BUSINESS WIRE) -- The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:RNR) today voted to increase the Company's quarterly dividend to $0.425 per share on its common shares, from $0.40 per common share. The Company has increased its dividend during each of
PEMBROKE, Bermuda, Jan 24, 2002 (BUSINESS WIRE) -- Reports Record Operating Earnings of $2.07 Per Common Share for the Fourth Quarter and $7.03 Per Common Share for the Full Year 2001 Achieves ROE of 18% for 2001 Records 33% Growth in Book Value Per Common Share for 2001 Comfortable with Increased
PEMBROKE, Bermuda--(BUSINESS WIRE)--Jan. 17, 2002--RenaissanceRe Holdings (NYSE:RNR) will conduct an investment community conference call on Friday, January 25, 2002 at 9:00 a.m. ET to discuss its financial results for the fourth quarter and year end 2001, as well as the company's outlook.
