RenRe Completes $3.3 Billion Acquisition of Validus Re From AIG

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Insurance Journal - Nov 01, 2023

RenaissanceRe Holdings Ltd. announced it has concluded its acquisition of Validus Re, the treaty reinsurance business of American International Group. AIG received total consideration of $3.3 billion in cash, including a pre-closing dividend, and approximately $275 million in RenaissanceRe common &#...

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