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RenaissanceRe Holdings Ltd. Announces Quarterly Dividend

PEMBROKE, Bermuda, May 16, 2016 (BUSINESS WIRE) -- The Board of Directors of RenaissanceRe Holdings Ltd. RNR, +0.34% announced today a quarterly dividend of $0.31 per common share on its common stock.

The dividend is payable on June 30, 2016 to shareholders of record on June 15, 2016.

In addition, the Board of Directors approved an increase in RenaissanceRe's share repurchase program, bringing the total current authorization to $500 million. This authorization includes the remaining amounts available under prior authorizations. Under this program...