Moody’s Investors Service raised the following RenaissanceRe Holdings Ltd. ratings: Renaissance Re Capital Trust capital securities to “baa2” from “baa3”; RenaissanceRe Holdings Ltd. junior subordinated debt to “Baa2” from “Ba1.” The ratings action reflects the Bermuda-based company’s strengths in cumulative operating performance, underwriting and exposure management strategy.
Was this article valuable?
Here are more articles you may enjoy.
Ship Insurers Set for Major Claims From Iran War, Allianz Says 
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested 
UK Payments Firm Moved Billions for Risky Clients Before FCA Seizure 
US P/C Rebounds to Post Q1 Underwriting Gain; Net Income Doubles From This Issue
