RenaissanceRe (RNR) Reports Q3 Revenues Beat

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Go back to RenaissanceRe (RNR) Reports Q3 Revenues Beat

RenaissanceRe Reports Third Quarter 2019 Net Income Available to Common Shareholders of $36.7 Million, or $0.83 Per Diluted Common Share; Operating Income Available to Common Shareholders of $13.0 Mil

October 29, 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 $36.7 million, or $0.83 per diluted common share, in the third quarter of 2019, compared to $32.7 million, or $0.82 per diluted common share, in the third quarter of 2018. Operating income available to RenaissanceRe common shareholders was $13.0 million, or $0.29 per diluted common share, in the third quarter of 2019, compared to $17.8 million, or $0.45 per diluted common share, in the third quarter of 2018. The Company reported an annualized return on average common equity of 2.8% and an annualized operating... More