---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-268293"
form_type: "8-K"
ticker: "RNR"
cik: "0000913144"
company_name: "RENAISSANCERE HOLDINGS LTD"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T03:52:20.645063+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# RenaissanceRe closes acquisition of Validus Re for ~$2.985B in cash and stock

## Summary
- Total consideration ~$2.985B: $2.735B cash plus 1,322,541 shares valued at $189.03 each ($250M).
- Acquired assets include Validus Reinsurance Ltd., AlphaCat Managers, and Talbot renewal rights from AIG.
- Registration rights: AIG cannot transfer shares for 6 months; then up to 50% until 12 months after closing.
- AIG's beneficial ownership capped at 9.9% of RenaissanceRe's outstanding common stock.
- CEO O'Donnell says deal accelerates strategy, expands risk expertise, and creates shareholder value.

## SEC filing metadata
- accession: 0001193125-23-268293
- form_type: 8-K
- ticker: RNR
- cik: 0000913144
- company_name: RENAISSANCERE HOLDINGS LTD
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913144/000119312523268293/0001193125-23-268293-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913144/000119312523268293/d519873d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-268293
- JSON: https://secwatch.observer/filing/0001193125-23-268293.json
- Plain text: https://secwatch.observer/filing/0001193125-23-268293.txt

## Key facts
- M&A Transactions
  RENAISSANCERE HOLDINGS LTD completed an acquisition involving American International Group, Inc. for $2.735 billion and 1,322,541 common shares valued at approximately $250.0 million (closed 2023-11-01).
  - Action: acquisition
  - Counterparty: American International Group, Inc.
  - Consideration: $2.735 billion and 1,322,541 common shares valued at approximately $250.0 million
  - Closing: 2023-11-01
  source text: the “Purchase Agreement”). Pursuant to the terms of the Purchase Agreement, at the closing of the Acquisition, the Company paid to AIG an amount in cash equal to approximately $2.735 billion and issued to AIG 1,322,541 of the Company’s common shares, par value $1.00 per share, which were valued at approximately $250.0 million based on a stock price of $189.03 per
  evidence_url: https://www.sec.gov/Archives/edgar/data/913144/000119312523268293/0001193125-23-268293-index.htm
- Material Agreements
  RENAISSANCERE HOLDINGS LTD entered into Registration Rights Agreement with American International Group, Inc. (effective 2023-11-01).
  - Action: entry
  - Counterparty: American International Group, Inc.
  - Effective: 2023-11-01
  source text: On November 1, 2023, RenaissanceRe Holdings Ltd. (the “Company”) entered into a registration rights agreement (the “Registration Rights Agreement”) with American International Group, Inc., a Delaware corporation and NYSE-listed company (together with its affiliates and subsidiaries, “AIG”) in connection with the Acquisition
  evidence_url: https://www.sec.gov/Archives/edgar/data/913144/000119312523268293/0001193125-23-268293-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.