Moody’s Investors Service raised the following RenaissanceRe Holdings Ltd. ratings: Renaissance Re Capital Trust capital securities to “baa2” from “baa3”; RenaissanceRe Holdings Ltd. junior subordinated debt to “Baa2” from “Ba1.” The ratings action reflects the Bermuda-based company’s strengths in cumulative operating performance, underwriting and exposure management strategy.
Was this article valuable?
Here are more articles you may enjoy.
Iran Renews Attacks on Gulf States After Another Night of US Strikes 
One Weather Firm Warns New England Could See Big Hurricane This Season 
India’s Largest Nuclear Power Plant Hit by Data Breach 
Viewpoint: The AI Ransomware That Couldn’t Get Paid From This Issue
