RenRe expects $30m hit from UK Ogden rate cut

13-04-2017

Bermuda-based RenaissanceRe Holdings (RenRe) has estimated that the pre-tax impact of the Ogden rate change on its carried reserves is approximately $30 million, and will be recognised in the first quarter of 2017.


RenaissanceRe Holdings, Odgen rate, Bermuda

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