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RenaissanceRe swings to Q3 loss, hit by catastrophes
Cat losses contributed to a $726.8m net negative impact on its results during the period.
RenRe anticipates $725m Q3 hit from cats including Ida and Europe floods
It expects Hurricane Ida alone will result in a net negative impact of $440m.
RenaissanceRe reports 'solid quarter' with strong top-line growth
Its CEO Kevin O’Donnell is confident to provide superior shareholder returns over the long term.
RenRe Q1 losses reflect impact of severe weather and market volatility
The re/insurer has materially grown its underwriting portfolio during the quarter.
RenRe warns on Q1 net loss thanks to claims from winter storm Uri
The company expects to report a net loss attributable to common shareholders in Q1.
International re/insurers invest $2m in Oasis Loss Modelling Framework
Open source risk modelling can drive down costs, increase transparency and help to address the protection gap.
RenRe Capital Partners hires senior ILS exec from Aon
He was previously assistant vice-president of Aon’s ILS unit.
RenRe creates new Capital Partners unit with Chris Parry as global head
The division will manage RenRe's third-party capital relationships, joint ventures and managed funds.
RenRe CEO bullish on 'attractive reinsurance market' after 2020 profit boost
The reinsurer described 2020 as a 'difficult year' but said it is fully focused on executing its strategy in 2021.
RenRe braces for $345m hit from cat and COVID-19 losses in Q4 2020
The reinsurer expects a net negative impact of nearly $175m from COVID-19 claims during the quarter.