RenaissanceRe Estimates Third Quarter Natural Catastrophe Losses of $155 Million October 16, 2019 RenaissanceRe Holdings Ltd. announced it estimates losses from third quarter 2019 catastrophe events will have an estimated net negative impact...
RenaissanceRe Completes $1.5B Acquisition of Tokio Millennium Re March 25, 2019 RenaissanceRe Holdings Ltd. announced it has concluded its acquisition of Tokio Marine Holdings’ reinsurance platform for $1.5 billion in cash...
RenaissanceRe Gets Regulatory Nod to Proceed with Tokio Millennium Re Purchase March 13, 2019 RenaissanceRe Holdings Ltd. announced it has received all regulatory approvals required in connection with its planned acquisition of Tokio Marine...
JBA Broadens Access to Sri Lanka Flood Model to Help Bridge Protection Gap February 19, 2019 JBA Risk Management has released its Sri Lanka Flood Model onto Simplitium’s ModEx platform. The initiative is specifically aimed at...
RenaissanceRe Introduces Vermeer, New Reinsurer for U.S. Catastrophe Market December 19, 2018 RenaissanceRe Holdings Ltd. and Dutch pension fund manager PGGM announced they have launched Vermeer Reinsurance Ltd. to provide capacity focused...
Tokio Marine’s Sale of Reinsurance Units to Boost Operational Efficiency: Fitch November 16, 2018 Tokio Marine Holdings Inc.’s (TMHD) sale of two European reinsurance subsidiaries is likely to streamline its holdings and boost operational...
A.M. Best Downgrades Ratings of Tokio Millennium Re, Puts RenRe Under Review November 5, 2018 A.M. Besthas downgraded the financial strength rating to A+ (Superior) from A++ (Superior) and the long-term issuer credit rating to...
RenaissanceRe to Acquire Tokio Millennium Re in $1.5 Billion Deal October 30, 2018 By Andrew G. Simpson Bermuda-based RenaissanceRe Holdings has agreed to pay about $1.5 billion to acquire Tokio Marine’s reinsurance platform (TMR), which includes Tokio...
RenaissanceRe Estimates Q3 Claims Costs of $155M from Natural Catastrophes October 18, 2018 RenaissanceRe Holdings Ltd. announced it currently estimates that the cost of claims from third quarter 2018 catastrophe events will have...
Run-Off Firm Catalina Raises $700M, Forms Shareholder Restructure with Apollo, RenRe October 11, 2018 Catalina Holdings (Bermuda) Ltd., a legacy runoff property and casualty re/insurance specialist, announced it has completed a US$700 million equity...