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RenRe posts strong profit in Q4

09 February 2010

Bermuda reinsurer RenaissanceRe Holdings has reported net income of $211.8m in the fourth quarter of 2009, compared with a net loss of $55.2m in the fourth quarter of 2008.

Read more: renaissancere neill currie

Bermuda reinsurer RenaissanceRe Holdings has reported net income of $211.8m in the fourth quarter of 2009, compared with a net loss of $55.2m in the fourth quarter of 2008.

RenaissanceRe generated $184.5m of underwriting income and had a combined ratio of 37.7% in the fourth quarter of 2009, compared to $205.7m of underwriting...


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If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield