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RenaissanceRe Holdings Ltd has given shareholders of Platinum Underwriters Holdings Ltd until 5pm on February 26 to choose the mix of stock and cash they want to receive as a result of the combination of the two Bermuda reinsurers. A special meeting ...

RenaissanceRe Holdings Ltd’s acquisition of fellow Bermuda reinsurer Platinum Underwriters Holdings Ltd has moved a big step closer. RenRe has cleared all regulatory hurdles necessary to complete the deal, the company announced. Meanwhile, Platinum h...

RenaissanceRe Holdings Ltd’s net income dipped 36 per cent in the fourth quarter as the company grappled with pressure on pricing from abundant capital in the industry — but operating earnings surpassed analysts’ expectations. The company posted net ...

Both Fitch Ratings and Standard & Poor’s Ratings Services have affirmed the ratings of RenaissanceRe, after the Bermuda reinsurer announced its proposed $1.9 billion acquisition of Platinum Underwriters Holdings, Ltd. The two agencies’ assessments ru...

Rating agency AM Best has placed Bermuda-based RenaissanceRe Holdings Ltd and its affiliates under review with negative implications, citing moves into casualty business and away from their “core competency of property catastrophe reinsurance”. Best ...

RenaissanceRe Holdings Ltd is to acquire fellow Bermuda reinsurer Platinum Underwriters Holdings, Ltd in a $1.9 billion cash-and-stock deal, the companies announced yesterday. The deal is expected to close in the first half of next year. RenRe’s seni...

RenaissanceRe Holdings Ltd is to acquire fellow Bermuda reinsurer Platinum Underwriters Holdings, Ltd in a $1.9 billion deal, the companies announced this morning. The firms have entered into a definitive merger agreement under which RenaissanceRe wi...

RenaissanceRe’s Finance team took part in a community day, cleaning up the Railway Trail near the restored bridge at Bailey’s Bay. Volunteer efforts were being led by senior vice-president and chief accounting officer Mark Wilcox, a member of the b...

RenaissanceRe Holdings Ltd’s Peter Durhager is to step down as chief administrative officer (CAO), while Jeff Kelly is to become chief operating officer (COO), the Bermuda reinsurer said today. A press release making the announcement stated that Mr D...

Net income at Renaissance Re plunged by nearly $112 million for the third quarter of the year compared to the same period in 2013. The Bermuda-based reinsurer recorded a profit of $67.8 million, compared to $179.7 million for the third quarter of las...