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Stock Market & Financial Investment News

News Breaks
August 22, 2013
08:46 EDTVR, RNRRenaissanceRe Validus weakness creates buying opportunity, says UBS
UBS sees limited downside for RenaissanceRe (RNR) and Validus (VR) at current levels, and the firm expects the stocks' valuation to rise over the long-term. The firm expects both companies to benefit from the inflow of capital into alternative reinsurance vehicles.
News For RNR;VR From The Last 14 Days
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March 2, 2015
11:02 EDTRNRRenaissanceRe completes acquisition of Platinum Underwriters
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10:47 EDTRNRRenaissanceRe completes acquisition of Platinum Underwriters
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February 27, 2015
09:16 EDTRNRRenaissanceRe announces preliminary Platinum shareholder merger considerations
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08:17 EDTRNRPlatinum Underwriters shareholders approve acquisition by RenaissanceRe
Platinum Underwriters (PTP) announced that at a special general meeting of shareholders, all proposals related to the company's pending acquisition by RenaissanceRe (RNR) were overwhelmingly approved by the company's shareholders. The transaction is expected to close on March 2, 2015. As previously announced, prior to the effective time of the merger on March 2, 2015, Platinum will be paying a special dividend of $10.00 per Platinum common share to shareholders of record as of close of business today.
February 19, 2015
16:29 EDTRNRRenaissanceRe raises quarterly dividend to 30c per share from 29c per share
The board of RenaissanceRe voted to increase the company's quarterly dividend to 30c per common share, from 29c per common share. The dividend is payable on March 31, to shareholders of record on March 13.

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