RenRe terminates sidecar
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RenRe terminates sidecar

31 August 2008
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Bermudian reinsurer RenaissanceRe Holdings Ltd has formally terminated its retrocessional sidecar Starbound Reinsurance II Ltd.

The move prompted ratings agency AM Best to withdraw the “a” issuer credit rating on Starbound.

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AnalysisSeptember 2008/1
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