RenaissanceRe

The blockbuster $1.5bn deal grows RenRe to a $3.9bn-premium reinsurer.

Much of the executive team is leaving as the firm’s $1.5bn sale to RenRe nears close.

Nephila, RenRe and Validus go on the record with this publication on the forthcoming 1 June renewals.

Aside from the noise around elevated catastrophes and lacklustre renewals, Q4 underlying loss ratios continued to rise.

As activist investor Voce Capital Management becomes the carrier’s fourth-largest shareholder, this publication explores what incentive the investor has to push for a sale.

At the midpoint of disclosures, this publication summarises the key trends identified by industry leaders so far.

Few of the Bermuda and London staff at Tokio Millennium Re will be retained after the takeover.

There will be a reduction in the amount of third party capital in the industry this year, O’Donnell told analysts.

RenaissanceRe beat analyst consensus by turning an operating profit despite posting an underwriting loss of for the final quarter of 2018.

The Willis Re executive said 2019 could be a challenging year for some ILS managers, as some products have performed poorly.

The vehicle will target the upper layers of US property catastrophe cover.

About four-fifths of stocks in the index decline and none manages gains of more than 1 percent.