RenaissanceRe News
Executives On The Move at Liberty Mutual and RenaissanceRe
Liberty Mutual appointed one of its veteran executives to lead its Global Risk Solutions arm in North America. RenaissanceRe Holdings Ltd. hired a new head of human resources.
Beazley and RenaissanceRe Debut Cyber Catastrophe Cover Backed by Capital Markets
Specialist insurer Beazley and reinsurer RenaissanceRe have jointly launched a product that provides Beazley with additional catastrophe cover for cyber events. The majority of the security behind ...
RenRe Hopes to Close Tokio Millennium Re Acquisition ‘As Soon as Possible’
RenaissanceRe Holdings said it plans to close its $1.5 billion purchase of Tokio Millennium Re "as soon as possible," now that all of the necessary regulatory approvals are in place. In October, ...
RenRe, Dutch Pension Fund Manager Launch New U.S.-Focused Reinsurer
RenaissanceRe Holdings Ltd. teamed with Dutch pension fund manager PGGM to launch Vermeer Reinsurance Lt., a reinsurer designed to provide capacity focused on risk remote layers in the U.S. ...
For RenRe CEO O’Donnell, Acquiring Tokio Millennium Re Is All About Independence
RenaissanceRe's planned $1.5 billion purchase of Tokio Millennium Re (TMR) reinforces its strategy of being an independent reinsurer, according to Kevin O'Donnell, president and CEO of RenRe. "The ...
Runoff Firm Catalina Raises $700M; RenRe, Apollo Become Shareholders
Catalina Holdings (Bermuda) Ltd., a legacy runoff property and casualty re/insurance specialist, announced it has raised $700 million in equity capital and concluded its shareholder restructuring ...
RenaissanceRe Non-Committal About Exploring ‘Strategic Alternatives’
A ReinaissanceRe shareholder's call for the company to explore a possible sale is drawing a non-committal response from management. TimesSquare Capital Management, an institutional management firm ...
RenaissanceRe Will Buy Minority Stake in Legacy Acquirer Catalina Holdings
RenaissanceRe will pick up a minority stake in Catalina Holdings (Bermuda) Ltd., a long-term manager of legacy runoff P/C insurance and reinsurance businesses. Neither side is disclosing financial ...