RenaissanceRe Q4 Earnings Beat on Premium Growth in Property Unit

RenaissanceRe Holdings Ltd. (RNR) reported fourth-quarter 2024 operating income of $8.06 per share, which beat the Zacks Consensus Estimate by 5.9%. However, the bottom line declined 31.5% year over year.See the Zacks Earnings Calendar to stay ahead of market-making news.Total operating revenues of$ 3 billion advanced 12.6% year over year. Yet, the top line fell short of the consensus mark by 1.2%.The quarterly results were aided by strong premium growth, supported by the Validus acquisition and organic gro ...