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RenaissanceRe Holdings files shelf registration

RenaissanceRe Holdings Ltd. on May 23 filed an automatic shelf registration statement relating to the sale of up to $750 million of certain securities it may offer from time to time.

The filing covers common, preference and depositary shares; debt securities; warrants to purchase common shares, preference shares and debt securities; share purchase contracts; share purchase units; and units of RenaissanceRe Holdings.

Also included are the sale of debt securities and guarantee of debt securities of RenaissanceRe Finance Inc. and RenRe North America Holdings Inc., as well as the preferred securities and guarantee of preferred securities of RenaissanceRe Capital Trust II.

RenaissanceRe intends to use the proceeds for general corporate purposes, including for working capital, capital expenditures and acquisitions. The proceeds may also be used temporarily to make short-term investments or to reduce short-term borrowings.