AIG to Sell Validus Re to RenaissanceRe

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RenaissanceRe (RNR) to offer 6.3 million shares amid deal for Validus RE

May 22, 2023 5:10 PM EDT

RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today that it has commenced an underwritten public offering of 6,300,000 of its common shares.

The Company intends to use the net proceeds from this offering to fund a portion of the cash consideration for the previously announced... More