Validus sale: RenRe’s land grab blunts the fallout for hard market
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Validus sale: RenRe’s land grab blunts the fallout for hard market

Fiona Robertson
24 May 2023
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First it was the old-school Berkshire Hathaway mega-line deals, then it was Everest Re’s $1.5bn equity raise, and this week the more dramatic news of a major M&A deal in RenaissanceRe’s $3bn acquisition of Validus Re.

All these things are pointing to the idea that the cusp of the reinsurance hard market has been reached as higher rates have begun to entice carriers to lean into growth, after the Bonfire of Cat Limits throughout 2022.

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Topics

AnalysisM&ARatesAIGRenaissanceReValidus
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