If insurers help save for a rainy day, RenaissanceRe Holdings builds an ark. Through its Renaissance Reinsurance subsidiary, the Bermuda-based firm indemnifies insurance companies around the globe against excess losses on natural catastrophes, paying insurance claims after they exceed a certain retained amount. Top Layer Re, a joint venture with State Farm, provides excess non-US property catastrophe reinsurance. Another RenaissanceRe venture, DaVinci Reinsurance, covers catastrophes and specialty risks such as terrorism. Subsidiary RenRe offered primary-property insurance in the US until the company sold it in early 2011 to QBE for about $275 million.
RenaissanceRe
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2.62
Overall Excellence Rating
Industry
InsuranceCategory
Insurance CarriersESG/Ethical Impact
Whether we are developing better climate change mitigation methods, closing the protection gap, or creating an environment where our people and communities thrive, we apply our risk acumen to help solve some of the world’s largest challenges. Our corporate values and purpose underpin our sustainability strategy, which focuses on core areas where we can apply our business strengths to make a meaningful impact on society. We drive forward our sustainability strategy through our key focus areas: risk expertise, underwriting approach, investment practices, operations, and partnerships. In this report, we present our sustainability strategy, progress, and priorities from January 2022 to March 2023, intending to adhere to internationally recognized voluntary standards such as SASB, TCFD, and GRI.
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Awards Received
2023
Revenues
9135000000.00
Website Traffic
Employee Rating
4.20
Customer Rating
Company Size
100-1000
ESG Risk Rating
3.00
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