RenRe underwriting loss widens to $679mn in Q3, the worst since 2017
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RenRe underwriting loss widens to $679mn in Q3, the worst since 2017

RenaissanceRe logo Bermuda.jpg

The underwriting loss at RenaissanceRe grew to $679mn in the third quarter, from $206mn last year, as $727mn in net third-quarter catastrophe claims pushed the reinsurer to its worst earnings period since the third quarter in 2017.

On Monday, the Bermuda-based company said it generated a $8.98 per share operating loss in the third quarter, widening from the $2.64

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