Latest RenaissanceRe Holdings Headlines
All the headlines from our RenaissanceRe Holdings Topic Page, ordered by recency.
Best Affirms RenRe Ltd., Europe FSR Ratings; Raises Debt Ratings to ‘a+’; Outlook Positive
Dec 12 2006 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of “A” (Excellent) and upgraded the issuer credit ratings (ICR) to “a+” from “a” of Renaissance Reinsurance Ltd. and...
RenRe Posts Q3 Operating Income of $247 Million
Nov 1 2006 // Bermuda’s RenaissanceRe Holdings Ltd. reported $247 million in third quarter operating income – which excludes capital gains and losses – available to common shareholders compared to a $292.5 million...
SEC sues RenRe officers over alleged finite reinsurance scam
Oct 9 2006 // The Securities and Exchange Commission, which has been investigating a number of finite reinsurance transactions for the past two years, lowered the boom on three former officers of the Bermuda-based reinsurance group...
SEC sues RenRe officers over alleged finite reinsurance scam
Oct 9 2006 // SEC attorney Andrew Calamari, who headed the SEC’s investigations in both cases, declined to comment on whether criminal charges were under consideration in the RenRe matter. He stressed that the Commission brings...
SEC Charges Three Former RenaissanceRe Execs with Fraud
Sep 27 2006 // The Securities and Exchange Commission charged three former RenaissanceRe executives with securities fraud charges for their alleged involvement in a finite reinsurance scam that the SEC claims the executives concocted to...
RenRe Promotes Fonner to Chief Risk/Investment Officer
Aug 11 2006 // Bermuda’s RenaissanceRe Holdings Ltd. has promoted Senior Vice President and Treasurer Todd R. Fonner to the positions of Chief Risk Officer and Chief Investment Officer, effective immediately. Neill Currie, Chief...
RenRe Posts Q2 Results, 32% Increase in Cat Premiums
Aug 2 2006 // Renaissance Re, Bermuda’s leading property catastrophe reinsurer, posted net income of $130.4 million, or $1.81 per common share, for the second quarter of 2006, compared to net income of $172 million or $2.39 per...
S&P Assigns Debt Ratings to Ren Re’s Starbound Re
May 29 2006 // Standard & Poor’s Ratings Services has assigned its “A+” senior unsecured bank loan rating to Starbound Re Ltd.’s $50 million (Debt III) bank loan, its “BBB-” senior unsecured bank...
Klehm Joins RenRe Board
May 25 2006 // Bermuda’s RenaissanceRe Holdings Ltd. announced that Henry Klehm III, Global Head of Compliance of Deutsche Bank, AG, has been elected to its Board of Directors. His addition brings the total number of directors on...
RenRe Posts $195.7 Million Q1 Operating Income; $179 Million Net
May 3 2006 // Bermuda-based RenaissanceRe Holdings Ltd. reported a record $195.7 million in first quarter operating income, which excludes investment gains/losses, available to common shareholders compared to $54.5 million in the first...
RenaissanceRe Release Q1 Results Today; Webcast Details
May 2 2006 // Bermuda-based RenaissanceRe Holdings Ltd. will release the results of its operations for the first quarter of 2006 following the close of market today, Tuesday, May 2, 2006. The Company will conduct an investment community...
RenRe Promotes Wilcox to Sr. VP
Mar 2 2006 // Bermuda-based RenaissanceRe Holdings Ltd. announced that Vice President and Controller Mark A. Wilcox has been promoted to senior vice president and chief accounting officer, effective immediately. He will continue to...
RenaissanceRe Sees Q4 Operating Loss of $207M
Feb 7 2006 // Bermuda-based RenaissanceRe Holdings Ltd. reported a net operating loss attributable to common shareholders of $206.9 million in the fourth quarter of 2005, principally reflecting a $313.9 million net negative impact from...
Fonner, Weinstein Named Sr. VP’s at RenaissanceRe Holdings
Jan 11 2006 // Bermuda-based RenaissanceRe Holdings Ltd. reported that Todd Fonner, the company’s treasurer, and Stephen Weinstein, the Company’s chief compliance officer, general counsel and secretary, have both been...
Platinum, RenRe to Sell $220 Worth of Common Shares
Nov 29 2005 // Bermuda-based Platinum Underwriters Holdings, Ltd. announced that it has commenced a public offering of approximately $220 million worth of common shares. In a separate bulletin RenaissanceRe announced that it will sell...
International Newsbriefs
Nov 21 2005 // New Bermuda Insurers Formed: As the proverb says: “It’s an ill wind that blows no man good.” Even Katrina, one of the “illest” winds of all time, has brought some good fortune to the...
News Briefs
Nov 20 2005 // New Bermuda Insurers Formed: As the proverb says: “It’s an ill wind that blows no man good.” Even Katrina, one of the “illest” winds of all time, has brought some good fortune to the...
RenRe Announces Appointments; O’Donnell to Head Reins. Sub; Branagan to Head Group Risk Modeling
Nov 9 2005 // RenaissanceRe Holdings is moving to fill the rather large gap created by the sudden departure of James Stanard, its President and CEO (See IJ Website Nov. 1). The company announced that Kevin J. O’Donnell has been...
Best Downgrades RenRe Ratings; Keeps Under Review/Negative
Nov 4 2005 // A.M. Best Co. followed Standard & Poor’s and Fitch Ratings (See IJ Web site Nov. 3) in downgrading the financial strength ratings (FSR) and debt ratings of the operating subsidiaries of Bermuda-based...
RenaissanceRe Names New CEO; Stanard Offers Resignation
Nov 1 2005 // Bermuda-based RenaissanceRe Holdings Ltd. announced that the Board of Directors has appointed Neill Currie as chief executive officer and W. James MacGinnitie as non-executive chairman. These appointments are effective...
