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.
Judge Awards Applied Systems Preliminary Injunction Against Comulate 
New York’s Mid-Hudson Insurance to Acquire Hanover Fire of Pennsylvania 
Gun Accessory Company to Pay $1.75 Million to Buffalo Supermarket Shooting Victims 
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk From This Issue
