Moody’s affirms a stable outlook for RenRe post acquisition of AIG’s Validus Re
Reinsurance News - May 24, 2023
Moody’s affirms RenaissanceRe’s ratings following the announced acquisition of Validus Reinsurance from American International Group, Inc. and said the outlook looks stable. RenaissanceRe has agreed to acquire Validus Re for $2.985 billion in cash. The company plans to fund the acquisition with a co...
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