RenaissanceRe Holdings Ltd. Files 8-K with Material Agreements

TL;DR

RenaissanceRe just filed an 8-K detailing material definitive agreements and financial obligations.

AI Summary

On October 3, 2024, RenaissanceRe Holdings Ltd. entered into a material definitive agreement related to financial obligations. The filing also includes financial statements and exhibits, indicating significant financial activity for the company.

Why It Matters

This filing signals new financial commitments or agreements by RenaissanceRe Holdings Ltd., which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Material definitive agreements and financial obligations can introduce new risks or alter existing ones for a company.

Key Players & Entities

• RenaissanceRe Holdings Ltd. (company) — Registrant
• October 3, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $1.00 — ch registered Common Shares, Par Value $1.00 per share RNR New York Stock Exchange
• $250.0 million — of credit up to an aggregate amount of $250.0 million. The obligations of the Applicants un

Filing Documents

• rnr-20241003.htm (8-K) — 31KB
• exhibit101-creditagreement.htm (EX-10.1) — 270KB
• 0000913144-24-000110.txt ( ) — 529KB
• rnr-20241003.xsd (EX-101.SCH) — 3KB
• rnr-20241003_def.xml (EX-101.DEF) — 16KB
• rnr-20241003_lab.xml (EX-101.LAB) — 30KB
• rnr-20241003_pre.xml (EX-101.PRE) — 17KB
• rnr-20241003_htm.xml (XML) — 5KB

01 Entry Into A Material Definitive Agreement

Item 1.01 Entry Into A Material Definitive Agreement. On October 3, 2024, Renaissance Reinsurance Ltd., RenaissanceRe Europe AG (collectively, the "Applicants") and RenaissanceRe Holdings Ltd. (the "Guarantor"), and Nordea Bank Abp, New York Branch ("Nordea") entered into a Standby Letter of Credit Agreement, to provide for an uncommitted, unsecured facility under which letters of credit may be issued from time to time for the respective accounts of the Applicants. Pursuant to the Agreement, the Applicants may request letters of credit up to an aggregate amount of $250.0 million. The obligations of the Applicants under the Agreement are guaranteed by the Guarantor. The Agreement contains representations, warranties and covenants that are customary for facilities of this type. In the case of an event of default under the agreement, Nordea may exercise certain remedies. The description of the Agreement contained herein is qualified in its entirety by reference to the Agreement, a copy of which is attached hereto as Exhibit 10.1, and incorporated herein by reference. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of the Registrant. The disclosure set forth in Item 1.01 above is hereby incorporated by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit # Description 10.1 Standby Letter of Credit Agreement, dated as of October 3 , 2024 , by and among Renaissance Reinsurance Ltd., RenaissanceRe Europe AG, RenaissanceRe Holdings Ltd., as Guarantor, and Nordea Bank Abp, New York Branch . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. RENAISSANCERE HOLDINGS LTD. Date: By: /s/ Shannon Lowry Bender October 4, 2024 Shannon Lowry Bender Executive Vice President, Group General Counsel and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR