W.R. Berkley Corporation's (NYSE: WRB) board of directors approved a special cash dividend of 50 cents per share. Concurrently, the board also approved a 9.1% hike in annual cash dividend to 48 cents.
The credit ratings of Validus Reinsurance Ltd have been placed under review with developing implications by AM Best in the wake of its upcoming acquisition by fellow Bermudian reinsurer RenaissanceRe .
AM Best has placed under review with developing implications the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of “a” of Validus Reinsurance, Ltd. and. | May 25, 2023