Edition:
United Kingdom

Renaissancere Holdings Ltd (RNR.N)

RNR.N on New York Stock Exchange

133.65USD
14 Dec 2018
Change (% chg)

$-0.69 (-0.51%)
Prev Close
$134.34
Open
$133.09
Day's High
$134.94
Day's Low
$132.95
Volume
90,507
Avg. Vol
81,379
52-wk High
$141.96
52-wk Low
$116.50

Latest Key Developments (Source: Significant Developments)

Renaissancere Holdings To Buy Tokio Millennium Re In $1.5 Bln
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Renaissancere Holdings Ltd ::RENAISSANCERE HOLDINGS LTD. TO ACQUIRE TOKIO MILLENNIUM RE IN $1.5 BILLION TRANSACTION.RENAISSANCERE HOLDINGS LTD - TRANSACTION IMMEDIATELY ACCRETIVE TO RENAISSANCERE'S SHAREHOLDERS.RENAISSANCERE HOLDINGS LTD - TRANSACTION IMMEDIATELY ACCRETIVE TO RENAISSANCERE'S SHAREHOLDERS.RENAISSANCERE HOLDINGS LTD - LONG-TERM INVESTMENT IN RENAISSANCERE BY STATE FARM.RENAISSANCERE HOLDINGS LTD - AGREEMENT HAS BEEN UNANIMOUSLY APPROVED BY BOARDS OF DIRECTORS OF BOTH COMPANIES.RENAISSANCERE - CASH CONSIDERATION OF DEAL TOBE FUNDED THROUGH RENAISSANCERE AVAILABLE FUNDS AND A POTENTIAL PRE-CLOSING DIVIDEND FROM TMR.RENAISSANCERE HOLDINGS LTD - TRANSACTION CONSIDERATION WOULD CONSIST OF APPROXIMATELY $1.22 BILLION OF CASH AND $250 MILLION OF RENAISSANCERE COMMON SHARES.RENAISSANCERE HOLDINGS - TOKIO MARINE AGREED TO PROVIDE RENAISSANCERE $500 MILLION ADVERSE DEVELOPMENT COVER TO PROTECT TMR'S STATED RESERVES AT CLOSING.RENAISSANCERE HOLDINGS LTD - STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY AGREED TO INVEST $250 MILLION IN CO THROUGH PRIVATE PLACEMENT.RENAISSANCERE HOLDINGS LTD - LONG-TERM INVESTMENT IN RENAISSANCERE BY STATE FARM.RENAISSANCERE HOLDINGS LTD - SHARES PURCHASED BY STATE FARM WILL BE VALUED AT $128.37 PER COMMON SHARE.RENAISSANCERE HOLDINGS LTD - NO SHAREHOLDER APPROVAL IS REQUIRED FOR DEAL.RENAISSANCERE HOLDINGS LTD - IN DEAL, SHARES RECEIVED BY TOKIO MARINE WILL BE VALUED AT TODAY'S CLOSING PRICE OF $128.37 PER COMMON SHARE.  Full Article

Renaissancere Responds To Shareholder Letter
Tuesday, 2 Oct 2018 

Renaissancere Holdings Ltd ::RENAISSANCERE RESPONDS TO SHAREHOLDER LETTER.RENAISSANCERE HOLDINGS LTD - MEMBERS OF OUR SENIOR MANAGEMENT TEAM HAVE HELD NUMEROUS MEETINGS WITH TIMESSQUARE OVER PAST FEW YEARS.RENAISSANCERE HOLDINGS LTD - BOTH OUR CHAIRMAN OF BOARD AND OUR CHIEF EXECUTIVE OFFICER HAVE SEPARATELY MET WITH TIMESSQUARE IN RECENT MONTHS.RENAISSANCERE HOLDINGS LTD - HAVE CONSIDERED FULLY TIMESSQUARE'S VIEWS AND HAVE SHARED THEM WITH OUR BOARD.RENAISSANCERE HOLDINGS LTD - BOTH CHAIRMAN OF BOARD AND CHIEF EXECUTIVE OFFICER HAVE SEPARATELY MET WITH TIMESSQUARE IN RECENT MONTHS.  Full Article

Timessquare Issues Letter To Renaissancere Board
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - Renaissancere Holdings Ltd ::TIMESSQUARE ISSUES LETTER TO RENAISSANCERE BOARD OF DIRECTORS.TIMESSQUARE CAPITAL MANAGEMENT SAYS CALLS FOR IMMEDIATE REVIEW OF STRATEGIC ALTERNATIVES AT RENAISSANCERE.TIMESSQUARE CAPITAL-REMAIN IN BELIEF IMMEDIATE REVIEW OF STRATEGIC ALTERNATIVES, INCLUDING EXPLORATION OF POTENTIAL SALE OF RENAISSANCERE, IS IMPERATIVE.TIMESSQUARE CAPITAL MANAGEMENT SAYS HAS A "SIGNIFICANT" STAKE IN RENAISSANCERE HOLDINGS.  Full Article

RenaissanceRe Shareholder, TimesSquare Capital To Call For Sale As Early As Tuesday - WSJ
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - :RENAISSANCERE SHAREHOLDER, TIMESSQUARE CAPITAL TO CALL FOR A SALE AS EARLY AS TUESDAY - WSJ.  Full Article

Renaissancere Holdings Q2 Earnings Per Share $4.78
Tuesday, 24 Jul 2018 

July 24 (Reuters) - Renaissancere Holdings Ltd ::RENAISSANCERE REPORTS NET INCOME AVAILABLE TO COMMON SHAREHOLDERS OF $191.8 MILLION FOR THE SECOND QUARTER OF 2018, OR $4.78 PER DILUTED COMMON SHARE.Q2 EARNINGS PER SHARE $4.78.Q2 EARNINGS PER SHARE VIEW $2.94 -- THOMSON REUTERS I/B/E/S.Q2 OPERATING EARNINGS PER SHARE $5.23.QUARTERLY TOTAL REVENUES $479.2 MILLION VERSUS $505.6 MILLION.  Full Article

RenaissanceRe Reports Q1 Earnings Per Share $1.42
Tuesday, 1 May 2018 

May 1 (Reuters) - RenaissanceRe Holdings Ltd ::RENAISSANCERE REPORTS NET INCOME OF $56.7 MILLION FOR THE FIRST QUARTER OF 2018, OR $1.42 PER DILUTED COMMON SHARE; QUARTERLY OPERATING INCOME OF $135.2 MILLION OR $3.40 PER DILUTED COMMON SHARE.Q1 OPERATING EARNINGS PER SHARE $3.40.Q1 EARNINGS PER SHARE $1.42.Q1 EARNINGS PER SHARE VIEW $2.62 -- THOMSON REUTERS I/B/E/S.GROSS PREMIUMS WRITTEN INCREASED BY $237.6 MILLION, OR 25.8%, TO $1.2 BILLION, IN Q1 OF 2018, COMPARED TO Q1 OF 2017.  Full Article

Renaissancere To Acquire Minority Shareholding In Catalina
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Renaissancere Holdings Ltd ::RENAISSANCERE TO ACQUIRE MINORITY SHAREHOLDING IN CATALINA.RENAISSANCERE HOLDINGS LTD - TRANSACTION WILL SEE RENAISSANCERE BECOME A MINORITY SHAREHOLDER IN CATALINA.  Full Article

RenaissanceRe Announces Estimated Impact Of U.S. Tax Bill
Friday, 22 Dec 2017 

Dec 22 (Reuters) - RenaissanceRe Holdings Ltd ::RENAISSANCERE ANNOUNCES ESTIMATED IMPACT OF U.S. TAX BILL.RENAISSANCERE HOLDINGS - ESTIMATES THAT ECONOMIC IMPACT OF U.S. TAX BILL TO CO WILL BE MINIMAL.RENAISSANCERE SAYS PURSUANT TO U.S. TAX BILL, CO ANTICIPATES IT WILL WRITE DOWN PORTION OF ITS DEFERRED TAX ASSET.RENAISSANCERE - ESTIMATES WRITE-DOWN IN DEFERRED TAX ASSET WILL REDUCE NET INCOME BY ABOUT $40 MILLION IN PERIOD IN WHICH U.S. TAX BILL IS ENACTED.  Full Article

RenaissanceRe Announces $90 Million Initial Estimated Net Negative Impact From Oct 2017 California Wildfires
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - RenaissanceRe Holdings Ltd ::RENAISSANCERE ANNOUNCES $90 MILLION INITIAL ESTIMATED NET NEGATIVE IMPACT FROM OCTOBER 2017 CALIFORNIA WILDFIRES.RENAISSANCERE HOLDINGS - CURRENTLY ESTIMATES LOSSES FROM OCT 2017 CALIFORNIA WILDFIRES TO HAVE NET NEGATIVE IMPACT OF $90 MILLION ON Q4 2017 RESULTS.  Full Article

Renaissancere Holdings ‍board approved an increase in co's share repurchase program
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Renaissancere Holdings Ltd ::Renaissancere Holdings - ‍Board approved an increase in co's share repurchase program, bringing total current authorization to $500 million​.  Full Article

BRIEF-Tokio Marine Holdings To Sell Core Reinsurance Units In Europe To Renaissancere Holdings - Nikkei

* TOKIO MARINE HOLDINGS PLANS TO SELL ITS CORE REINSURANCE SUBSIDIARIES IN EUROPE TO RENAISSANCERE HOLDINGS FOR AN ESTIMATED $1.5 BILLION - NIKKEI