O’Donnell: Validus Re deal “an acceleration” of RenRe’s strategy
RenaissanceRe’s $3bn deal to acquire Validus Re from AIG “is an acceleration of our strategy”, president and CEO Kevin O’Donnell told analysts on Monday, while the executive heralded the “win-win” acquisition as “the perfect balance of each of the parties finding the right way to bring a transaction together”.
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