RenaissanceRe (RNR) Tops Q3 EPS by 66c
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RenaissanceRe Reports Net Income of $75.5 Million for the Third Quarter of 2015 or $1.66 Per Diluted Common Share; Quarterly Operating Income of $116.7 Million or $2.58 Per Diluted Common Share
November 4, 2015 4:17 PM ESTPEMBROKE, Bermuda--(BUSINESS WIRE)-- RenaissanceRe Holdings Ltd. (NYSE: RNR) (the Company or RenaissanceRe) today reported net income available to RenaissanceRe common shareholders of $75.5 million, or $1.66 per diluted common share, in the third quarter of 2015, compared to $67.8 million, or $1.70, respectively, in the third quarter of 2014. Operating income available to RenaissanceRe common shareholders was $116.7 million, or $2.58 per diluted common share, in the third quarter of 2015, compared to $98.9 million, or $2.49, respectively, in the third quarter of 2014. The Company reported an annualized return on average common equity of 6.9% and an annualized operating return on average common equity of 10.7% in... More
