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RenaissanceRe Holdings Ltd posted second-quarter net income of nearly $192 million on the back of what the Bermudian firm’s CEO described as “our best portfolio of risk in years”. The reinsurer handily beat Wall Street expectations with operating ear...

RenaissanceRe Holdings Ltd is to raise $250 million in an underwritten preference-share offering. The Bermudian reinsurer said the net proceeds of the offering of ten million depositary shares representing the 5.75 per cent Series F preference shares...

Bermudian reinsurer RenaissanceRe is working with catastrophe modelling firm AIR Worldwide in a joint effort to enhance the insurance industry’s modelling of long-tail casualty risk. “Since our inception, RenaissanceRe has been at the forefront of ap...

RenaissanceRe Holdings Ltd reported a net loss of $3.5 million for the fourth quarter of last year, as a one-off writedown related to US tax cuts weighed on results. The Bermudian insurer and reinsurer also took a hit from California wildfires during...

RenaissanceRe has struck an agreement to buy a minority stake in run-off specialist Catalina Holdings. Both companies are based in Bermuda. The agreement involves RenaissanceRe Ventures Ltd, a subsidiary of RenRe. The deal is expected to close concur...

Bermudian reinsurer RenaissanceRe is teaming up with Reinsurance Group of America to launch a new life reinsurer. Langhorne Re, which will be based in Bermuda, is backed by $780 million of initial capital committed by RenRe and RGA, as well as third-...

RenaissanceRe Holdings Ltd expects a $40 million reduction in income as a result of the passing of the US tax Bill. In a statement, the Bermudian-based company said it had conducted a preliminary assessment of the Tax Cuts and Jobs Act of 2017, which...

A forum to discuss strategies for improving natural catastrophe resiliency and closing the protection gap, which was sponsored by Bermudian-based RenaissanceRe Holdings Ltd, has been held in London. Titled “Improving Natural Catastrophe Resiliency: I...

An operating loss of $546.9 million, or $13.81 per share, for the third quarter has been reported by RenaissanceRe Holdings Ltd. The Bermudian-based company’s net loss was $504.8 million, or $12.75 per share, which compares to a profit of $146 millio...

Bermudian reinsurer RenaissanceRe Holdings Ltd expects to book around $625 million in catastrophe losses for the third quarter, related to three hurricanes and an earthquake. The company today released preliminary estimates for losses of $225 million...

Duncan Hennes and Valerie Rahmani have joined the board of Bermudian-based RenaissanceRe Holdings Ltd. They have been appointed as independent directors. Mr Hennes is the co-founder and Partner of Atrevida Partners, LLC. While Dr Rahmani most recentl...

RenaissanceRe Holdings Ltd notched up $171.1 million in profit for the second quarter of the year. The figure, equal to $4.24 per common share, is up $34.8 million on the $136.3 million and $3.22 per common share recorded for the same period last yea...