RenaissanceRe Reports Second Quarter 2019 Net Income Available to Common Shareholders of $367.9 Million, or $8.35 Per Diluted Common Share; Operating Income Available to Common Shareholders of $212.6

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Go back to RenaissanceRe Reports Second Quarter 2019 Net Income Available to Common Shareholders of $367.9 Million, or $8.35 Per Diluted Common Share; Operating Income Available to Common Shareholders of $212.6

RenaissanceRe (RNR) Tops Q2 EPS by 107c, Revenues Beat

July 23, 2019 4:24 PM EDT

RenaissanceRe (NYSE: RNR) reported Q2 EPS of $4.78, $1.07 better than the analyst estimate of $3.71. Revenue for the quarter came in at $1.24 billion versus the consensus estimate of $765.81 million.

Second Quarter of 2019 Summary

Gross premiums written increased by $499.6 million, or 51.1%, to $1.5 billion, in the second quarter of 2019, compared to the second quarter of 2018, driven by an increase of $286.6 million in the Property segment and an increase of $213.0 million in the Casualty and Specialty segment.Underwriting income of $170.8 million and a combined ratio of 81.3% in the second quarter of 2019, compared to $226.6... More