RenaissanceRe Swings to Q1 Operating Loss; Revenue Rises

MT Newswires Live

2025/04/24

RenaissanceRe (RNR) reported Q1 operating loss late Wednesday of $1.49 per diluted share, compared with operating income of $12.18 a year earlier.

Analysts polled by FactSet expected a loss of $1.17.

Revenue in the three months ended March 31 rose to $3.47 billion from $2.6 billion a year earlier.

Analysts surveyed by FactSet expected $3.02 billion.

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