On Thursday, rating agency A. M. Best Co affirmed the issuer credit rating (ICR) of "a " and all debt ratings of RenaissanceRe Holdings Ltd ( RNR , Analyst Report ), reflecting the company's superior risk based capitalization level and historically excellent underwriting track record. The rating agency has also affirmed the financial strength rating (FSR) and ICR of "A+" (Superior) and "aa ", respectively, of RenaissanceRe's subsidiaries Renaissance Reinsurance Ltd (RenRe) and Renaissance Reinsurance of Europe. Additionally, the agency has affirmed the FSR of "A" (Excellent) and ICRs of "a" for both RenRe Insurance and DaVinci Reinsurance Ltd. 
Share:  On Thursday, rating agency A. M. Best Co affirmed the issuer credit rating (ICR) of "a " and all debt ratings of <span class="company">RenaissanceRe</span> Holdings Ltd ( RNR , Analyst Report ), reflecting the company's superior risk based capitalization level and historically excellent underwriting track record. The rating agency has also affirmed the financial strength rating (FSR) and ICR of "A+" (Superior) and "aa ", respectively, of <span class="company">RenaissanceRe</span>'s subsidiaries Renaissance Reinsurance Ltd (RenRe) and Renaissance Reinsurance of Europe. Additionally, the agency has affirmed the FSR of "A" (Excellent) and ICRs of "a" for both RenRe Insurance and DaVinci Reinsurance Ltd. Tweet this 

RenaissanceRe Holdings Ltd ( ) announced its fifteenth consecutive annual increase in quarterly dividend on Wednesday. The Board of RenaissanceRe also approved an increase in the stock repurchase program RenaissanceRe declared its quarterly dividend of 25 cents per share 
Share:  <span class="sent"><span class="company">RenaissanceRe</span> Holdings Ltd ( ) announced its fifteenth consecutive annual increase in quarterly dividend on Wednesday. The Board of <span class="company">RenaissanceRe</span> also approved an increase in the stock repurchase program</span> <span class="company">RenaissanceRe</span> declared its quarterly dividend of 25 cents per share Tweet this 

The firm raised its target price on shares to $24 from $20 Deutsche Bank upgraded RenaissanceRE ( RNR ) to buy from hold on valuation and believes stock buybacks and reserve releases will drive the company's growth 
Share:  <span class="sent">The firm raised its target price on shares to $24 from $20 Deutsche Bank upgraded RenaissanceRE ( <span class="company">RNR</span> ) to buy from hold on valuation and believes stock buybacks and reserve releases will drive the company's growth</span> Tweet this 

Shares of RenaissanceRe Holdings Ltd. (NYSE: RNR) were up more than 2% in early trading after the company's shares were upgraded from Hold to Buy and the price target raised from $59 to $65 by analysts at Deutsche Bank (NYSE: DB). . It's the first upgrade the company has received in nearly a year, with two downgrades during the interim.  
Share:  <span class="sent">Shares of <span class="company">RenaissanceRe Holdings Ltd.</span> (NYSE: RNR) were up more than 2% in early trading after the company's shares were upgraded from Hold to Buy and the price target raised from $59 to $65 by analysts at Deutsche Bank (NYSE: DB). . It's the first upgrade the company has received in nearly a year, with two downgrades during the interim. </span> Tweet this 

Deutsche analyst says, "With the stock at 1x book value, Renaissance Re is priced equivalent to being a new entrant to the market 
Share:  <span class="sent"><span class="analyst">Deutsche</span> analyst says, "With the stock at 1x book value, Renaissance Re is priced equivalent to being a new entrant to the market</span> Tweet this 

RenaissanceRe Holdings Ltd.'s ( ) fourth quarter operating earnings of $2.82 per share were substantially ahead of the Zacks Consensus Estimate of $2.47. This also compares much favorably with operating earnings of 47 cents in the year ago quarter The better than expected results were primarily aided by substantially higher revenues and lower expenses 
Share:  <span class="sent"><span class="company">RenaissanceRe</span> Holdings Ltd.'s ( ) fourth quarter operating earnings of $2.82 per share were substantially ahead of the Zacks Consensus Estimate of $2.47. </span> This also compares much favorably with operating earnings of 47 cents in the year ago quarter The better than expected results were primarily aided by substantially higher revenues and lower expenses Tweet this 

Bermuda reinsurer RenaissanceRe Holdings RNR reported OK first quarter 2009 earnings April 29, on first impression. At the top line, RenRe's gross written premium rose 13%, roughly in line with market rate increases. But a spike in unearned premiums led to a modest decline in revenue, and we are looking forward to learning more about that on the conference call April 30. 
Share:  <span class="sent">Bermuda reinsurer <span class="company">RenaissanceRe Holdings</span> RNR reported OK first quarter 2009 earnings April 29, on first impression. At the top line, RenRe's gross written premium rose 13%, roughly in line with market rate increases. </span> But a spike in unearned premiums led to a modest decline in revenue, and we are looking forward to learning more about that on the conference call April 30. Tweet this 

The erosion in values, it is noted, was comparatively smaller relative to last quarter and was somewhat offset by rising market values for treasury and government securities. Mr. Dwelle is continuing to recommend investors stick with well established names that are leveraged to improving pricing prospects and the flight to quality trend, including Chubb, PartnerRe, RenaissanceRe and W.R. Berkley. NU Online News Service, April 15, 12:51 p.m. EDT An investment bank analysis of the property casualty market finds that the outlook for this year is improving modestly but declines can be expected in earnings per share. A report by Mark Dwelle, an analyst with RBC Capital Markets, said that with the exception of a few companies a deterioration of the p c sector is anticipated. RBC in a statement said the lessening in performance mainly reflects lower underwriting margins and reduced investment income. 
Share:  The erosion in values, it is noted, was comparatively smaller relative to last quarter and was somewhat offset by rising market values for treasury and government securities. Mr. Dwelle is continuing to recommend investors stick with well established names that are leveraged to improving pricing prospects and the flight to quality trend, including Chubb, PartnerRe, <span class="company">RenaissanceRe</span> and W.R. Berkley. NU Online News Service, April 15, 12:51 p.m. EDT An investment bank analysis of the property casualty market finds that the outlook for this year is improving modestly but declines can be expected in earnings per share. <span class="sent"> A report by <span class="analyst">Mark Dwelle</span>, an analyst with RBC Capital Markets, said that with the exception of a few companies a deterioration of the p c sector is anticipated. </span> RBC in a statement said the lessening in performance mainly reflects lower underwriting margins and reduced investment income. Tweet this 

Standard & Poor's Ratings Services has assigned its 'AA-' counterparty credit and financial strength ratings on Renaissance Reinsurance of Europe (RenRe Europe) with a stable outlook. "RenRe Europe, an Ireland-based company, is a subsidiary of Renaissance Reinsurance Ltd (RenRe; AA-/Stable/--), of which the ultimate parent is RenaissanceRe Holdings Ltd (NYSE:RNR; A/Stable/--)," said S&P. "RenRe Europe primarily underwrites property catastrophe and specialty reinsurance coverage for re/insurers in Europe, reflecting an aligned strategy with its parent company." . Credit analyst Taoufik Gharib added: "We view RenRe Europe as core to RenRe, solely based on the strong explicit support in place. Therefore, the ratings on RenRe Europe depend entirely on this contractual support rather than on the intrinsic characteristics of the Irish subsidiary." This explicit support includes: . 
Share:  Standard & Poor's Ratings Services has assigned its 'AA-' counterparty credit and financial strength ratings on <span class="company">Renaissance Reinsurance</span> of Europe (RenRe Europe) with a stable outlook. "RenRe Europe, an Ireland-based company, is a subsidiary of <span class="company">Renaissance Reinsurance</span> Ltd (RenRe; AA-/Stable/--), of which the ultimate parent is RenaissanceRe Holdings Ltd (NYSE:RNR; A/Stable/--)," said S&P. "RenRe Europe primarily underwrites property catastrophe and specialty reinsurance coverage for re/insurers in Europe, reflecting an aligned strategy with its parent company." . <span class="sent"> Credit analyst <span class="analyst">Taoufik Gharib</span> added: "We view RenRe Europe as core to RenRe, solely based on the strong explicit support in place. </span> Therefore, the ratings on RenRe Europe depend entirely on this contractual support rather than on the intrinsic characteristics of the Irish subsidiary." This explicit support includes: . Tweet this