RenRe Q4 CoR deteriorates 15.7 points to 91.7% on Milton losses
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RenRe Q4 CoR deteriorates 15.7 points to 91.7% on Milton losses

Hurricane Milton brought the firm net losses of $270mn in Q4, while it forecast up to a $750mn wildfire hit for Q1.

By Caroline Ryan
January 28, 2025
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RenaissanceRe’s Q4 combined ratio (CoR) deteriorated 15.7 points year on year to 91.7%, driven by higher property losses from Hurricane Milton.

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