RenaissanceRe (RNR) Tops Q1 EPS by 43c, Revenues Beat

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Go back to RenaissanceRe (RNR) Tops Q1 EPS by 43c, Revenues Beat

RenaissanceRe Reports First Quarter 2019 Net Income Available to Common Shareholders of $273.7 Million, or $6.43 Per Diluted Common Share; Operating Income Available to Common Shareholders of $154.4 M

May 7, 2019 4:15 PM EDT

PEMBROKE, Bermuda--(BUSINESS WIRE)-- RenaissanceRe Holdings Ltd. (NYSE: RNR) (the Company or RenaissanceRe) today reported net income available to RenaissanceRe common shareholders of $273.7 million, or $6.43 per diluted common share, in the first quarter of 2019, compared to $56.7 million, or $1.42 per diluted common share, in the first quarter of 2018. Operating income available to RenaissanceRe common shareholders was $154.4 million, or $3.60 per diluted common share, in the first quarter of 2019, compared to $122.1 million, or $3.07 per diluted common share, in the first quarter of 2018. The Company reported an annualized return on average common equity of 23.5% and an annualized operating return on... More