Moody’s rates RenaissanceRe’s senior notes A3
New York , March 26, 2019 – Moody's Investors Service ("Moody's") has assigned an A3 rating to up to $400 million of senior unsecured notes to be issued by RenaissanceRe Holdings Ltd. (RenaissanceRe – senior unsecured A3 stable). Net proceeds from the offering are expected to be used for general...RenaissanceRe Holdings is a holding company. Through its subsidiaries, the company is a global provider of reinsurance and insurance. The company's segments are: Property, which includes its catastrophe class of business, comprising excess of loss reinsurance and excess of loss retrocessional reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, and its other property class of business, comprising proportional reinsurance, property per risk, property (re)insurance, binding facilities and regional United States multi-line reinsurance; and Casualty and Specialty, in which the company provides its casualty and specialty reinsurance products and excess of loss coverage.
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