S&P Lowers RenRe Holdings’ Ratings by One Notch on Competitive Pressures

S&P Global Ratings has lowered the long-term issuer credit rating on Bermuda-based RenaissanceRe Holdings Ltd. (RNR) to “A-” from “A” and its long-term financial strength and issuer credit ratings on RNR’s core operating subsidiaries to “A+” from “AA-“. The outlook …

from News – Insurance Journal