Latest RenaissanceRe Holdings Headlines
All the headlines from our RenaissanceRe Holdings Topic Page, ordered by recency.
RenaissanceRe Forms Special Purpose Insurer Fibonacci Re
Jan 4 2017 // Renaissance Reinsurance Ltd. announced the formation of Fibonacci Reinsurance Ltd., a special purpose insurer domiciled in Bermuda. Fibonacci Re was formed to provide collateralized capacity to Renaissance Reinsurance, the...
RenRe Chief Investment Officer & Treasurer to Leave, Succeeded by Brosnan & Dutt
Dec 15 2016 // RenaissanceRe Holdings said that its chief investment officer and treasurer will be leaving the Bermuda-based reinsurer in the 2017 first quarter. Two people will take over his responsibilities. Todd Fonner, who also has...
3rd Party Capital Specialist Tokio Solution Simplifies Management Structure
Dec 13 2016 // A division of Tokio Millennium Re focused on third party capital markets facilitation is changing its management structure in a bid to boost efficiency. The changes are coming to Tokio Solution Management Ltd., the...
RenaissanceRe Promotes Fraser and James in Finance Team
Oct 28 2016 // Bermuda-based RenaissanceRe Holdings Ltd. has announced several key leadership changes in its Finance function, effective Dec. 31, 2016. James (“Jamie”) C. Fraser has been named SVP, chief accounting officer,...
RenRe Appoints Qutub as CFO, Succeeding Kelly Who Is Retiring
Jul 14 2016 // RenaissanceRe Holdings Ltd. announced that Jeffrey D. Kelly, its chief financial officer and chief operating officer, is retiring. Kelly, 62, will be succeeded as CFO by Robert Qutub, effective Aug. 8, 2016, and will...
Florida’s Universal Insurance Holdings Raises $10M in Share Sale
Apr 29 2016 // Florida-based Universal Insurance Holdings Inc. has raised an additional $10 million in capital by selling shares to one of its reinsurers. Universal said it sold 583,771 shares of common stock to RenaissanceRe Ventures...
Tokio Millennium Re Appoints Kull as Chief Risk Officer
Apr 1 2016 // Zurich-based Tokio Millennium Re AG (TMR) has appointed Andreas Kull to the role of chief risk officer (CRO) and member of the executive committee, effective immediately. Andreas Kull will succeed Akira Higuma, current...
RenaissanceRe’s Q4 Operating Income Is $135M, Down from $140.3M in Q4 2014
Feb 4 2016 // Bermuda-based RenaissanceRe Holdings Ltd. reported fourth quarter 2015 operating income available to RenaissanceRe common shareholders of $135.0 million, or $3.07 per diluted common share, compared to $140.3 million, or...
RenaissanceRe Syndicate Mgmt. Names Brennan as CEO, Murphy as Chairman
Nov 20 2015 // RenaissanceRe Holdings Ltd. announced that Hugh Brennan, currently finance director at RenaissanceRe Syndicate Management Ltd., will become RSM’s chief executive officer, effective for 2016. Brennan joined...
RenRe Reports Q2 Net Income of $73.2M, Operating Income of $99.9M
Jul 29 2015 // RenaissanceRe Holdings Ltd. reported net income available to common shareholders of $73.2 million, or $1.59 per diluted common share, in the second quarter of 2015, compared to $120.8 million, or $2.95, respectively, in...
Gerhardt Appointed to Tokio Millennium Re Board
Jun 11 2015 // Tokio Millennium Re (TMR), the Zurich-based global reinsurer and subsidiary of Tokio Marine & Nichido Fire Insurance Co. Ltd., announced that Hans-Peter Gerhardt has been appointed to its Board of Directors as an...
Julian to Head Tokio Millennium Re AG, UK Branch
May 27 2015 // Tokio Millennium Re AG (TMR), the Zurich-based global reinsurer and subsidiary of Tokio Marine & Nichido Fire Insurance Co. Ltd., announced that Mark Julian will assume the role of head of Tokio Millennium Re AG, UK...
RenaissanceRe Reports Q1 Net Income of $167.8M, Up From $151M in Q1 2014
May 6 2015 // Bermuda-based RenaissanceRe Holdings Ltd. reported net income available to RenaissanceRe common shareholders of $167.8 million, or $4.14 per diluted common share, in the first quarter of 2015, compared to $151.0 million,...
Tokio Millennium Re AG Receives Authorization to Operate UK branch
Apr 15 2015 // Tokio Millennium Re AG (TMR), the Zurich-based global reinsurer and subsidiary of Tokio Marine & Nichido Fire Insurance Co. Ltd., announced that it has received authorization from the UK Prudential Regulation Authority...
Ruoff Appointed Chief Executive Officer of Tokio Millennium Re
Apr 2 2015 // Stephan Ruoff has been appointed chief executive officer of Tokio Millennium Re AG (TMR), a Zurich-based subsidiary of Tokio Marine & Nichido Fire Insurance Co. Ltd. Ruoff has worked with TMR, a global multi-line...
RenaissanceRe Completes Acquisition of Platinum Underwriters
Mar 2 2015 // RenaissanceRe Holdings Ltd. announced that it has completed its acquisition of Platinum Underwriters Holdings Ltd. The acquisition was originally announced on November 24, 2014. “The combination of RenaissanceRe and...
Platinum’s Ratings Remain on CW Positive Pending RenRe Acquisition: S&P
Feb 25 2015 // Standard & Poor’s Ratings Services has maintained its ‘BBB’ long-term counterparty credit rating on Bermuda-based Platinum Underwriters Holdings Ltd. on CreditWatch with positive implications. S&P...
Hagerty to Join RenRe Board as MacGinnitie Steps Down
Feb 24 2015 // Bermuda-based RenaissanceRe Holdings Ltd. announced that W. James (“Jim”) MacGinnitie, 76, who has served as a member of the Board since 2000, will retire as a Director, and that William F. (“Bill”)...
RenaissanceRe Gets Regulatory Nod to Acquire Platinum Underwriters
Feb 12 2015 // RenaissanceRe Holdings Ltd. announced it has received all regulatory approvals required in connection with its previously announced acquisition of Platinum Underwriters Holdings, Ltd. The transaction remains subject to...
RenaissanceRe to Acquire Platinum Underwriters in $1.9 Billion Deal
Nov 24 2014 // RenaissanceRe Holdings Ltd. and Platinum Underwriters Holdings Ltd. announced that the companies have entered into a definitive merger agreement under which RenaissanceRe will acquire Platinum. Under the terms of the...
