RenaissanceRe Announces Estimated Net Negative Impact on Fourth Quarter 2020 Results of Operations

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Jan 14, 2021
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RenaissanceRe Holdings Ltd. (NYSE: RNR) (the “Company” or “RenaissanceRe”) today announced it estimates that losses from weather-related catastrophe events and certain losses related to the COVID-19 pandemic will have a net negative impact on the Company’s fourth quarter 2020 results of operations. For the fourth quarter of 2020, the Company expects to report net income available to common shareholders; however, it expects to report an operating loss attributable to common shareholders.