RenRe misses on earnings despite big swing to $200mn UW profit

RenaissanceRe Q1 results

RenaissanceRe reported underwriting income of $200.2mn for the first quarter compared to a $35.8mn deficit in the prior-year period, but missed with operating earnings per share of $3.50 that were below Wall Street consensus forecasts of $4.76, according to MarketWatch.

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