TMR departures no surprise as RenRe looks to accelerate strategy

Kevin O’Donnell – RenaissanceRe

Although post-M&A redundancies are never easy to stomach, the gutting of the senior ranks at Tokio Millennium Re (TMR) was a widely anticipated outcome from the moment RenRe announced a deal to buy the reinsurer from Tokio Marine for just over book value last October.

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