United States

Renaissancere Holdings Ltd (RNR.N)

RNR.N on New York Stock Exchange

21 Oct 2016
Change (% chg)

$-0.12 (-0.10%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Latest Key Developments (Source: Significant Developments)

Universal Insurance Holdings, Inc. announces sale of $10 million of common stock to RenaissanceRe
Thursday, 28 Apr 2016 05:44pm EDT 

Universal Insurance Holdings:Sold 583,771 shares of common stock to RenaissanceRe Ventures Ltd., a subsidiary of RenaissanceRe Holdings Ltd. (collectively, "RenaissanceRe"), in a private placement.RenaissanceRe is a global provider of catastrophe and specialty reinsurance and insurance.Common shares of UVE were sold to RenaissanceRe at a price of $17.13 per share, the closing price of UVE common stock on April 26, 2016, for total consideration of $10 million.  Full Article

RenaissanceRe Holdings Ltd announces dividend
Friday, 19 Feb 2016 04:01pm EST 

RenaissanceRe Holdings Ltd:Announces twenty-first consecutive annual increase in quarterly dividend.Increases quarterly dividend to $0.31 per share from $0.30 per share.Says board of directors approves share repurchase program up to an aggregate of $500 million.  Full Article

RenaissanceRe Announces Board Leadership Changes
Monday, 16 Nov 2015 08:00am EST 

RenaissanceRe Holdings Ltd:James Gibbons to Become Non-Executive Chair; Ralph Levy to Continue Board Service.Says James L. Gibbons, who has been a member of the Board since 2008 and Chair of the Audit Committee since 2013, will become the Non-Executive Chair of the Board of Directors following the Company's Annual General Meeting of Shareholders in May 2016.Ralph B. Levy, who has been a member of the Board since 2007 and Non-Executive Chair since 2011, will transition the role to Mr. Gibbons, and will continue to serve as a director of the Company, subject to his reelection at the 2016 Annual Meeting.  Full Article

RenaissanceRe Holdings Ltd. Announces Quarterly Dividend; Approves Share Repurchase Program up to an Aggregate of $500 million
Friday, 13 Nov 2015 04:15pm EST 

RenaissanceRe Holdings Ltd:Says quarterly dividend of $0.30 per common share on its common stock.dividend is payable on December 31, 2015 to shareholders of record on December 15, 2015.In addition, the Board of Directors approved an increase in RenaissanceRe's share repurchase program, bringing the total current authorization to $500 million.This authorization includes the remaining amounts available under prior authorizations.Under this program, RenaissanceRe may repurchase shares of its common stock in the open market based on, among other things, its ongoing capital requirements and expected cash flows, and the market price of its common shares.  Full Article

RenaissanceRe Holdings Ltd declares quarterly dividend
Wednesday, 20 May 2015 04:15pm EDT 

RenaissanceRe Holdings Ltd:Declares quarterly dividend of $0.30 per common share on common stock.Payable on June 30, to shareholders of record on June 15.  Full Article

RenaissanceRe Holdings Ltd completes acquisition of Platinum
Monday, 2 Mar 2015 10:48am EST 

RenaissanceRe Holdings Ltd:Completes the acquisition of Platinum Underwriters Holdings Ltd.Platinum is now a wholly owned subsidiary of RenaissanceRe.Acquisition was originally announced on Nov. 24, 2014.  Full Article

RenaissanceRe Holdings Ltd announces increase in quarterly dividend
Thursday, 19 Feb 2015 04:15pm EST 

RenaissanceRe Holdings Ltd:Increases the Company's quarterly dividend to $0.30 per common share, from $0.29 per common share.Payable on March 31 to shareholders of record on March 13.  Full Article

Fitch affirms RenaissanceRe Holdings Ltd's ratings; outlook stable
Tuesday, 10 Feb 2015 01:15pm EST 

RenaissanceRe Holdings Ltd:Says that Fitch Ratings has affirmed ratings of RenaissanceRe Holdings Ltd and its subsidiaries, including issuer default rating (IDR) for RNR at 'A', and insurer financial strength (IFS) rating of Renaissance Reinsurance Ltd. at 'A+.Rating outlook is stable.  Full Article

Updates on Platinum Underwriters Holdings Ltd acquisition by RenaissanceRe Holdings Ltd
Wednesday, 3 Dec 2014 04:05pm EST 

Platinum Underwriters Holdings Ltd:Says proposed acquisition of Platinum Underwriters Holdings, Ltd. by RenaissanceRe Holdings Ltd.Says examination is focusing on possible breaches of fiduciary duty and other violations of law by Board of PTP for agreeing to sell company to RenaissanceRe.  Full Article

Platinum Underwriters Holdings announces entry into definitive merger agreement with RenaissanceRe Holdings Ltd
Monday, 24 Nov 2014 06:00am EST 

Platinum Underwriters Holdings Ltd:Enters into a definitive merger agreement with RenaissanceRe Holdings Ltd under which RenaissanceRe will acquire Platinum.Under the terms, the common shareholders of Platinum will receive cash and RenaissanceRe common shares with an approximate value of $76 per share, or about $1.9 bln in the aggregate.Aggregate consideration for the transaction will consist of 7.5 mln RenaissanceRe common shares, currently valued at $0.76 bln, and $1.16 bln of cash.Goldman, Sachs & Co. is acting as financial advisor to Platinum in connection with the transaction and Sullivan & Cromwell LLP is acting as legal counsel.  Full Article

Fitch Affirms RenaissanceRe's Ratings; Outlook Stable

(The following statement was released by the rating agency) CHICAGO, August 10 (Fitch) Fitch Ratings has affirmed the ratings of RenaissanceRe Holdings Ltd. (RenRe; NYSE: RNR) and its subsidiaries, including RNR's Long-Term Issuer Default Rating (IDR) at 'A', and the Insurer Financial Strength (IFS) rating of Renaissance Reinsurance Ltd. at 'A+'. The Rating Outlook is Stable. A full list of ratings follows at the end of this release. KEY RATING DRIVERS Fitch's rationale for the affirmation o