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9/28/2005
No Good News For RenaissanceRE
No Good News For RenaissanceRE
Via BusinessWeek.com:
-- MDT
RenaissanceRe receives third SEC noticeAdditional information is available in the full article, which appears here.
September 27, 2005
Business Week
RenaissanceRe Holdings Ltd., a Bermuda-based reinsurance firm specializing in losses from natural disasters, said Tuesday it received another "Wells Notice" from the Securities and Exchange Commission in connection with the company's restatement of its financial results.
The notice indicates the SEC plans to take civil action against the company. Wells Notice recipients have a chance to respond to the SEC before any formal recommendation is made.
-- MDT
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