RenRe to keep $2.7bn of $3bn acquired premium in Validus Re deal
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RenRe to keep $2.7bn of $3bn acquired premium in Validus Re deal

Jairo Ibarra
23 May 2023
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RenaissanceRe expects to retain around $2.7bn of the $3bn acquired premium within its book following its takeover of Validus Re from AIG.

On a call minutes after the pure-play reinsurer announced the ~$3bn deal to buy Validus Re, RenRe CEO Kevin O’Donnell told analysts: “The portfolio looks a lot like ours.

“There's

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Topics

News M&A RenaissanceRe Validus AIG
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Jairo Ibarra
Senior Reporter
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