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RenaissanceRe Holdings expects to close its $1.9 billion cash-stock acquisition of Platinum Underwritings Holdings on March 2, assuming an upcoming shareholder vote goes its way. The Bermuda-based ...
A.M. Best has thrown some cold water on RenaissanceRe Holdings Ltd.'s $1.9 billion stock and cash bid for fellow Bermuda reinsurer Platinum Underwriters Holdings Ltd. The insurance rating entity ...
The $1.9 billion cash-stock deal by RenaissanceRe Holdings Ltd. for Platinum Underwriters Holdings will create a $4 billion company with a bigger footprint in the U.S. casualty and specialty ...
The question that crops up whenever reinsurers experience soft market conditions is again being posed to industry executives, with leaders giving varying answers to analysts asking, "What kind of ...
With underwriting profitability stalled, Platinum Underwriters Holdings could soon join the list of Bermuda reinsurers turning to riskier assets to boost the investment component of income, the ...
As first-quarter earnings reports started trickling in from property/casualty insurers and reinsurers carriers last week, two executives confirmed that property-catastrophe pricing is coming under ...
When Platinum Underwriters Holdings, Ltd. reported a 6.2 percent drop in first-quarter net premiums last week, CEO Michael Price attributed a small part of the drop to an intentional cut in the ...
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