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RenaissanceRe has announced the formation of Upsilon Reinsurance II Ltd, a new Bermuda-domiciled special purpose insurance vehicle that will create additional reinsurance capacity for the global retrocessional reinsurance market. Upsilon Re II is ca...

RenaissanceRe yesterday announced that its preliminary estimated impact from Superstorm Sandy is approximately $130 million. The negative impact to the Bermuda-based reinsurer’s fourth quarter includes the sum of estimates of net claims and claim ex...

RenaissanceRe announced it will issue a quarterly dividend of 27 cents per share on its common stock. The dividend will be payable September 28, 2012 to shareholders of record on September 14, 2012. Ten days ago, the Bermuda-based reinsurer reported...

The board of directors of RenaissanceRe Holdings Ltd yesterday voted to increase the Bermuda reinsurer’s quarterly dividend to 27 cents per share on its common stock, from 26 cents per share. The company has increased its dividend during each of the ...

Bermuda-based RenaissanceRe announced yesterday that it expects its Thai flooding exposure to impact their fourth quarter results by $45 million. According to a company statement released yesterday, RenaissanceRe’s initial estimated net negative impa...