RenaissanceRe Holdings Ltd. Announces Quarterly Dividend
Board of Directors Approves Share Repurchase Program up to an Aggregate of $500 million
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE: RNR) announced today a quarterly dividend of $0.32 per common share
on its common stock. The dividend is payable on December 29, 2017 to shareholders of record on December 15, 2017.
In addition, the Board of Directors approved an increase in RenaissanceRe's share repurchase program, bringing the total current
authorization to $500 million. This authorization includes the remaining amounts available under prior authorizations. Under this
program, RenaissanceRe may repurchase shares of its common stock in the open market based on, among other things, its ongoing
capital requirements and expected cash flows, and the market price of its common shares. The repurchase program does not have an
established expiration date.
RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance that specializes in matching well-structured risks
with efficient sources of capital. The Company provides property, casualty and specialty reinsurance and certain insurance
solutions to customers, principally through intermediaries. Established in 1993, the Company has offices in Bermuda, Ireland,
Singapore, the United Kingdom, and the United States.
Investors:
RenaissanceRe Holdings Ltd.
Aditya Dutt, 441-239-4778
Senior Vice President and Treasurer
or
Media:
RenaissanceRe Holdings Ltd.
Elizabeth Tillman, 212-238-9224
Director – Communications
or
Kekst and Company
Peter Hill or Dawn Dover, 212-521-4800
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