AM Best has assigned a bbb debt rating to $250m 6.08%...
AM Best has assigned a bbb debt rating to $250m 6.08% perpetual preferred stock recently issued by Bermuda-based RenaissanceRe. It also affirmed all existing debt ratings for the company.
The ratings agency said the financial strength ratings of RenaisanceRe’s operating subsidiaries were unaffected by the ratings action.
The outlook for all RenaissanceRe ratings remains stable, said AM Best.
It said the security was redeemable by RenaissanceRe five years after issuance. The net proceeds from the preferred stock will be used for general business purposes.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
