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Nat cats squeeze RenRe’s profit prior TMR acquisition

Bermuda, North America31-10-2018Insurance News, Reinsurance News

Natural catastrophes have impacted Bermuda-based RenaissanceRe Holdings’ (RenRe) profits in the third quarter of 2018 while the company revealed that it is acquiring Tokio Millennium Re (TMR) for approximately $1.5 billion.

RenRe Q3 results hit by typhoon Jebi, hurricane Florence

Bermuda, North America18-10-2018Insurance News, Property cat, Reinsurance News

Bermuda-based RenaissanceRe Holdings (RenRe) estimates losses from third quarter 2018 catastrophe events will have a net negative impact of approximately $155 million on its third quarter 2018 results of operations.

RenRe responds to investor call to seek a buyer

Bermuda03-10-2018Insurance News, Reinsurance News

RenaissanceRe Holdings has responded to a letter by its investor TimesSquare Capital Management, urging the Bermuda-based re/insurer to review its strategy and seek a buyer for the business.

Investor pressures RenRe to seek a buyer

Bermuda02-10-2018Insurance News, Reinsurance News

TimesSquare Capital Management, an institutional asset management firm with a significant stake in RenaissanceRe Holdings is suggesting that the Bermuda-based reinsurer should explore a potential sale of the company.

US reinsurers boost H1 premium, improve combined ratio

North America22-08-2018Reinsurance News

A group of 18 US property/casualty reinsurers wrote $30.1 billion of net premiums during the six-months ended June 30, 2018, compared to $22.5 billion for the same period in 2017, according to data released by the Reinsurance Association of America (RAA).

RenRe CEO praises ‘best market in years’

Bermuda26-07-2018Reinsurance News

Renaissance Re CEO Kevin O'Donnell said during the reinsurer’s second quarter 2018 earnings call that he sees “reasonable tailwind” for business.

Profits and GWP up in Q2 at RenRe but uncertainty on 2017 cat claims remains

Bermuda25-07-2018Insurance News, Property cat, Reinsurance News

RenaissanceRe enjoyed strong growth in the second quarter in both its property book and its casualty book and its profits grew. But it warned that “meaningful uncertainty” remains around the scale of claims stemming from many of the big catastrophes that hit its profits last year.

Markel, RenRe, Nephila reinsure Boost's insurtech platform

North America10-05-2018Insurance News, Reinsurance News, Technology News

US-based Boost Insurance, a technology-enabled insurance platform built to enable emerging insurtech startups, has secured a dedicated reinsurance facility led by investment manager Nephila, with participation from Markel Digital and RenaissanceRe.

RenRe CEO declares ‘successful renewals’ while profits fall

Bermuda, North America02-05-2018Insurance News, Property cat, Reinsurance News

Bermuda-based RenaissanceRe CEO Kevin O'Donnell described the recent renewals as “successful,” while profits fell in the first quarter of 2018 despite improvements on the underwriting side.

RenRe reports Q4 loss, improvements in renewals

Bermuda, North America01-02-2018Insurance News, Property cat, Reinsurance News

Bermuda-based RenaissanceRe Holdings reported a net loss attributable to shareholders of $3.5 million for the fourth quarter of 2017 but claims “strong execution at the January 1 renewals”.

Showing 51 to 60 of 114 results

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