RenaissanceRe Holdings reports significant YOY increase in its profitability for the third quarter of 2020

2020-10-28T10:17:00

RenaissanceRe today reported net income available to RenaissanceRe common shareholders of $47.8 million, or $0.94 per diluted common share, in the third quarter of 2020, compared to $36.7 million, or $0.83 per diluted common share, in the third quarter of 2019. Operating loss attributable to RenaissanceRe common shareholders was $131.7 ...

Kevin J. O’Donnell, President and Chief Executive Officer of RenaissanceRe, commented: “Another active quarter further confirms the critical role RenaissanceRe plays in helping communities rebuild. Our results for the third quarter reflect the climate-change driven frequency of catastrophic events impacting the world, but these are risks that we understand well and are paid to take. As we approach the January renewal, I am confident we will successfully execute our strategy and profitably deploy significant capital by helping our customers solve their biggest problems.”

If you are already registered, please sign in here

Register now for unlimited access

For continued access to free content on the website please take a few moments to register, or sign in if you have already registered.

Keep up to date with the latest industry news
Sign up to enewsletters
Create a profile and post comments on stories