RenaissanceRe (RNR) Tops Q2 EPS by 36c
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RenaissanceRe Reports Q2 2022 Net Loss Attributable to Common Shareholders of $324.9 Million; Operating Income Available to Common Shareholders of $238.1 Million. Combined Ratio of 78.3% With Strong P
July 25, 2022 4:15 PM EDT93.8% Casualty and Specialty combined ratio, an improvement of 4 percentage points from Q2 2021. 32.5% growth in net investment income. 23.2% growth in net premiums written; 37.6% growth in Casualty and Specialty and 10.5% in Property. Annualized return on average common equity of (25.1)% driven by significant mark-to-market losses in the investment portfolio. 18.4% annualized operating return on average common equity showing strong underwriting performance and increased net investment income.
PEMBROKE, Bermuda--(BUSINESS WIRE)-- RenaissanceRe Holdings Ltd. (NYSE: RNR)... More
