renaissancere to acquire tokio millennium re in $1.5 billion deal /

Published at 2018-10-31 03:43:17

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Bermuda-based RenaissanceRe Holdings has agreed to pay about $1.5 billion to acquire Tokio Marine’s reinsurance platform (TMR),which includes Tokio Millennium Re AG and Tokio Millennium Re (UK). whether closing tangible book value is unchanged from June 30, 2018, or Tokio …

Source: insurancejournal.com

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