Latest RenaissanceRe Holdings Headlines
All the headlines from our RenaissanceRe Holdings Topic Page, ordered by recency.
RenaissanceRe Posts $271 Million Q2 Net Income; $368 Million 6 Months
Jul 30 2009 // Bermuda-based RenaissanceRe Holdings Ltd. reported net income available to common shareholders of $271.2 million or $4.32 per diluted common share in the second quarter, compared to net income available to common...
Ratings Roundup: Elwood, CIBC Re, Mapfre Praico, RenRe
Jun 10 2009 // A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of “B++’ (Good) and issuer credit rating of “bbb” of Bermuda-based Elwood Insurance Limited....
RenaissanceRe Q1 Net Income Falls to $97.3 Million
May 1 2009 // Bermuda’s RenaissanceRe Holdings reported that its net income available to common shareholders in the first quarter of 2009 fell to $97.3 Million, or $1.57 per common share, compared to net income available to common...
RenRe Q4 Loss $44.6 Million; FY Income Drops 95% to $29 Million
Feb 13 2009 // Bermuda-based Renaissance Re Holdings reported a $44.617 million net loss for the fourth quarter of 2008. Net income for the full year was $29.02 million, compared to $612.436 million in 2007, a 95 percent decline....
Ratings Recap II: Chaucer, MSIG, Congregational, Top Layer, Asia Capital
Jan 30 2009 // Standard & Poor’s Ratings Services has issued a bulletin indicating that “its ‘3’ Lloyd’s Syndicate Assessment (LSA) on Chaucer – Syndicate 1084 is not affected by the announcement...
Best Affirms RenRe and Subs ‘A+’ Ratings; Glencoe Raised to ‘A’
Jan 30 2009 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Bermuda-based Renaissance Reinsurance Ltd. (RenRe) and Dublin-based...
S&P Assigns ‘AA-‘ Ratings to RenRe Europe; Outlook Stable
Jan 22 2009 // Standard & Poor’s Ratings Services has assigned its ‘AA-‘ counterparty credit and financial strength ratings on Renaissance Reinsurance of Europe (RenRe Europe) with a stable outlook. “RenRe...
RenRe’s WeatherPredict Acquires Assets of Commodity Hedgers
Dec 1 2008 // Bermuda-based RenaissanceRe Holdings announced that its U.S. affiliate, WeatherPredict Consulting Inc., has acquired the primary technology assets of Commodity Hedgers, Inc. RenRe described the company as a...
RenaissanceRe Reports Q3 Net Loss of $231; $143.4 Million Operating Loss
Oct 29 2008 // Bermuda’s RenaissanceRe Holdings reported an operating loss attributable to common shareholders of $143.4 million for the third quarter of 2008, compared to operating income available to common shareholders of $167.8...
RenaissanceRe to Release Q3 Results Today; Conference Call Details
Oct 28 2008 // Bermuda-based RenaissanceRe will release third quarter 2008 results following the close of market today, Tuesday, October 28, 2008. The Company will conduct an investment community conference call tomorrow, Wednesday,...
Ratings Roundup: York Fire, Tokio Millennium Re, BF&M Limited
Aug 29 2008 // A.M. Best Co. has placed the financial strength rating (FSR) of ‘B’ (Fair) and issuer credit rating (ICR) of “bb” of Ontario-based York Fire & Casualty Insurance Company under review with...
Tokio Millennium Re to Use AIR’s U.S. Crop Model
Aug 5 2008 // AIR Worldwide Corporation announced that Bermuda-based reinsurer Tokio Millennium Re Ltd. has licensed the use of AIR’s Multiple Peril Crop Insurance (MPCI) model for use in AIR’s CATRADER® system, which...
RenRe Hosts Hurricane Risk Mitigation Leadership Forum
Jun 20 2008 // Bermuda’s RenaissanceRe Holdings Ltd. marked the start of the 2008 hurricane season by holding a seminar, the first ever “Hurricane Risk Mitigation Leadership Forum”, which announced some key findings on...
Analyst Sees U.S. Insurers’ Q2 Hurt by Flood Claims
Jun 19 2008 // A group of insurers who cover farmers in the event of catastrophe-driven losses are facing their worst claims in 15 years due to flooding in the Midwest, said a Lehman Brothers analyst, who cut second-quarter earnings...
Eudy Joins RenRe as Senior VP
May 8 2008 // Bermuda-based RenaissanceRe Holdings Ltd. announced that Dan R. Eudy has joined the Company as Senior Vice President of the Glencoe Group, which conducts the organization’s Individual Risk business. He will report to...
Bermuda Q1 Earnings Recap: ACE, XL, Validus, RenRe, Endurance, Aspen, Montpelier Re
May 5 2008 // A number of Bermuda-based companies announced their first quarter results last week, which were generally lower than the same period of 2007. The financial credit crunch, combined with the ongoing soft market, had a...
RenRe Earnings, Conf. Call
Apr 29 2008 // RenaissanceRe Holdings Ltd. will conduct an investment community conference call on Wednesday, April 30, 2008 at 10:30 AMET to discuss its financial results for first quarter 2008, as well as the company’s outlook....
RenRe to Buy Agro National’s Assets; No Rating Effect Says S&P
Apr 14 2008 // Bermuda-based property reinsurer RenaissanceRe Holdings Ltd. has agreed to acquire the assets of Agro National, a managing general underwriter of crop insurance. The terms of the transaction were not disclosed. The...
RenRe Announces 3 New Board Members
Feb 22 2008 // Bermuda-based RenaissanceRe Holdings Ltd. announced that Edmund B. Greene, 69, Brian R. Hall, 65 and Scott E. Pardee, 71, three longtime members of its Board of Directors, will retire in conjunction with the...
RenaissanceRe Q4, FY Earnings Decline on Writedowns; Conference Call Today
Feb 6 2008 // Bermuda’s RenaissanceRe Holdings Ltd. reported $186.2 million in fourth quarter operating income, which excludes capital gains/losses, available to common shareholders, compared to $198.6 million in the fourth...
