RenaissanceRe finalizes $3bn acquisition of AIG’s Validus Re
RenaissanceRe Holdings Ltd. (NYSE: RNR) today achieved a major milestone in its growth strategy by concluding the acquisition of Validus Re, the treaty reinsurance arm of American International Group, Inc. (“AIG”). This comprehensive deal, valued at approximately $2.985 billion, includes Validus Reinsurance Ltd., AlphaCat Managers Ltd., and the renewal rights to the Assumed Reinsurance Treaty […]