Insurer RenaissanceRe to buy AIG unit Validus Re in near $3 bln deal
Abstract：RenaissanceRe is one of the world's largest and most successful re-insurers of natural and human-made catastrophes. Insurer RenaissanceRe Holdings Ltd RNR.N said on Monday it would buy AIG's AIG.N treaty reinsurance business, which includes Validus Reinsurance Ltd and its consolidated subsidiaries, in a deal valued at nearly $3 billion.
RenaissanceRe is one of the world's largest and most successful re-insurers of natural and human-made catastrophes. Insurer RenaissanceRe Holdings Ltd RNR.N said on Monday it would buy AIG's AIG.N treaty reinsurance business, which includes Validus Reinsurance Ltd and its consolidated subsidiaries, in a deal valued at nearly $3 billion.
The deal terms include about $2.74 billion in cash and $250 million of RenaissanceRe common shares, the companies said in their statements.
Shares of AIG were up marginally in extended trading. The stock is down nearly 15% so far this year.
The insurance sector continues to see dealmaking activities as companies take advantage of defensive business models that do better in times of economic uncertainty.
The cash consideration is expected to be funded through RenaissanceRe available funds and proceeds from the issuance of common equity and debt. The companies expect the deal to close in the fourth quarter of 2023.
Read more
"Let Trust Be Seen" WikiFX Industry Initiative Recap, Driving the forex industry toward a more trust
As the global forex market continues to move toward regulatory convergence and greater transparency, “trust,” a concept long and frequently emphasized, is gradually evolving from a subjective perception into a quantifiable and verifiable industry standard. WikiFX announces that its industry initiative, “Let Trust Be Seen,” has achieved phased results, attracting broad attention and participation worldwide.
Principal Analysis Report
Principal presents a deeply concerning profile for forex traders, with an overwhelmingly negative track record that demands serious attention before considering any investment. With an overall rating of just 2.3 out of 10 based on 21 reviews, this broker exhibits a troubling 95.2% negative rate, with 20 out of 21 reviews expressing dissatisfaction. While Principal may carry some recognition for having a good reputation and being considered safe in certain contexts, these perceived strengths are dramatically overshadowed by critical operational failures that directly impact traders' financial security. The most pressing issues center around systematic withdrawal delays and rejections, which represent the primary complaint among users and raise immediate red flags about fund accessibility. Read on!
BDSWISS Legitimacy Check: Is This a Fake Broker or a Legitimate Trading Partner?
You're asking 'Is BDSWISS Legit?' or maybe even 'Is BDSWISS a scam?' and you need clear, factual answers. The worry behind that question makes sense. When your capital is at risk, trust isn't just a nice extra feature; it's absolutely essential. This article promises a direct, fact-based investigation into whether BDSWISS is legitimate. We will cut through the marketing hype and analyze the broker based on three key areas: its regulatory status, independent expert ratings, and most importantly, a large number of real, recent user complaints. Our analysis is based on solid data to give you the clarity you need. We understand how serious your concern is, and our goal is to present the facts without exaggeration, allowing you to make an informed decision to protect your investments.
EUR/USD and EUR/JPY Outlook: Euro Strength Puts Breakouts in Focus
EUR/USD and EUR/JPY have both broken higher as the euro gains support from improved market sentiment and easing energy pressure. Key resistance and support levels are now coming into focus.
WikiFX Broker
Latest News
New Traders Keep Losing — And It's Not Because of Their Strategy
WikiFXWhy Imperial Markets Stands Out in 2026
WikiFXFXORO Review 2026: Is this Forex Broker Legit or a Scam?
WikiFXYou Know What to Do. So Why Aren't You Doing It?
WikiFXIs The 5%ers a Safe Forex Broker? WikiFX Review
WikiFXAssetsFX Review 2026: Is this Forex Broker Legit or a Scam?
WikiFXSwitch Markets Review 2025: Is This Forex Broker Safe?
WikiFXYou Know the Rules. So Why Are You Still Blowing Accounts?
WikiFXYou Know What To Do. So Why Don't You Do It?
WikiFXTRADEVIEW MARKETS Review 2026: Is this Forex Broker Legit or a Scam?
WikiFXRate Calc
