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RenaissanceRe wraps up Tokio Millennium Re deal

Mar. 22, 2019 3:54 PM ETRenaissanceRe Holdings Ltd. (RNR) Stock, TKOMF Stock, TKOMY StockBy: Liz Kiesche, SA News Editor
  • RenaissanceRe Holdings (NYSE:RNR -0.3%) completes its acquisition of Tokio Millennium Re, a deal originally announced on Oct. 30, 2018.
  • “The acquisition of TMR accelerates our strategy and enhances RenaissanceRe’s global reinsurance leadership, product offerings and access to attractive risk," says RenaissanceRe President and CEO Kevin J. O'Donnell. "The bespoke structure of this transaction also strengthens our long-standing relationship with Tokio Marine Group."
  • Related tickers: OTCPK:TKOMF, OTCPK:TKOMY
  • Previously: RenaissanceRe gets approvals for Tokio Millennium deal (March 12)

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