RenaissanceRe Completes $1.5B Acquisition of Tokio Millennium Re

RenaissanceRe Holdings Ltd. announced it has concluded its acquisition of Tokio Marine Holdings’ reinsurance platform for $1.5 billion in cash and RenaissanceRe common shares. The acquisition of Tokio Millennium Re AG and Tokio Millennium Re (UK) Ltd. (collectively known as …

from News – Insurance Journal