RenaissanceRe

The property CoR improved by 9.1 points, while casualty and specialty’s fell 5 points.

The specialty treaty market is preparing to deal with the fallout from the Baltimore bridge disaster.

The Bermudian has been reducing exposure in Florida for almost a decade.

The property CoR improved by 13.7 points, while casualty and specialty’s deteriorated by 6.7 points.

The 100% equity award will vest in full after five years.

Sven Wehmeyer, Jodie Arkell, Hugh Brennan and Ed Cruttenden have new roles.

Strong reinsurance results have absorbed long-tail reserve charges.

The initial plan was to renew $2.7bn of the acquired book.

This was RenRe’s first set of quarterly results after its takeover of Validus.

The segment has bounced back from its mid-2022 nadir, but its current zenith is not that much to shout home about.

Additional disclosure following the RenRe acquisition reveals results for both carriers for the nine months to 30 September last year.

Ratings could be lowered by one notch depending on regulatory restrictions on cash flow from Bermuda operating entities to non-operating holding companies, the ratings agency said.