kevin_odonnell
2 November 2023Insurance

RenRe produces $1bn turnaround as it celebrates Validus Re purchase

RenaissanceRe, which this week closed its purchase of Validus Re from American International Group, said it made a more than $1 billion turnaround in the third quarter – producing net income of $194 million compared to a loss of $825 million in the same period in 2022.

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