RenaissanceRe has agreed to acquire Tokio Millennium Re in a $1.5bn deal, as it also secured a new $250mn investment from State Farm, supporter of the firm's two rated sidecars.
RenRe to buy Tokio Millennium Re

RenaissanceRe has agreed to acquire Tokio Millennium Re in a $1.5bn deal, as it also secured a new $250mn investment from State Farm, supporter of the firm's two rated sidecars.