RenaissanceRe (RNR) Tops Q1 EPS by 78c
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RenaissanceRe Reports Net Income of $56.7 Million for the First Quarter of 2018, or $1.42 Per Diluted Common Share; Quarterly Operating Income of $135.2 Million or $3.40 Per Diluted Common Share
May 1, 2018 4:17 PM EDTPEMBROKE, Bermuda--(BUSINESS WIRE)-- RenaissanceRe Holdings Ltd. (NYSE: RNR) (the Company or RenaissanceRe) today reported net income available to RenaissanceRe common shareholders of $56.7 million, or $1.42 per diluted common share, in the first quarter of 2018, compared to $92.4 million, or $2.25 per diluted common share, in the first quarter of 2017. Operating income available to RenaissanceRe common shareholders was $135.2 million, or $3.40 per diluted common share, in the first quarter of 2018, compared to $53.7 million, or $1.30 per diluted common share, in the first quarter of 2017. The Company reported an annualized return on average common equity of 5.7% and an annualized operating return on... More
