RenaissanceRe Holdings Ltd. announced that Peter C. Durhager has decided to step down as executive vice president and chief administrative officer, and that Jeffrey D. Kelly, the company’s executive vice president and chief financial officer, will become chief operating officer …
RenaissanceRe Holdings Ltd. has formed RenaissanceRe Underwriting Managers U.S. LLC, a specialty reinsurance agency based in Connecticut, which will support the growth of new products and services in the United States specialty market. RenaissanceRe Underwriting Managers U.S., an indirect wholly-owned …
Selected earnings highlights from Bermuda-based RenaissanceRe for the second quarter and the first six months of 2012 are as follows: Q2 2012 Q2 2011 Gross premiums written ———— $667.336 mn $641.563 mn Net premiums written ————— $427.630 mn $427.995 mn …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Dublin, Ireland-based Renaissance Reinsurance Ltd. and Renaissance Reinsurance of Europe. Best has also affirmed the ICR of “a-” and …
Selected earnings highlights from Allied World Assurance for the first quarter of 2012 are as follows: Q1 2012 Q1 2011 Gross premiums written ———— $680.292 mn $560.688 mn Net premiums written ————— $588.953 mn $480.871 mn Net premiums earned ———– …
Renaissance Re: Q3 2011 Q3 2010 Gross premiums written —- $139.94 mn $111.54mn 9 months — 2011 2010 $1.392 bn $1.134 bn Net premiums earned —- $229.24 mn $212.35 mn 9 months – 2011 2010 $751.94 mn $675.18 mn Net …
