RenRe’s Purchase of Tokio Millennium Re Reinforces Strategy of Independence: CEO

RenaissanceRe’s planned $1.5 billion purchase of Tokio Millennium Re (TMR) reinforces its strategy of being an independent reinsurer, according to Kevin O’Donnell, president and CEO of RenRe. “The TMR transaction will accelerate our strategy by providing us greater penetration into …

from News – Insurance Journal