RenRe could wield the axe on Validus staff for quick synergies

23-05-2023

RenRe could wield the axe on Validus staff for quick synergies

Staff at Validus Re could head for the chopping block on the pending sale of the business to RenaissanceRe as the latter pursues “significant synergies” early after purchase of what it considers to be a closely aligned business to its own, officials at RenaissanceRe suggested following announcement of the major acquisition.


Reinsurance, M&A, Personnel, Renaissance Re, AIG, Validus Re, AlphaCat, Talbots, Bermuda, US, Global

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