RenaissanceRe Q1 Earnings Miss on High Expenses & California Wildfires

Shares of RenaissanceRe Holdings Ltd. (RNR) have risen 0.9% since it reported first-quarter 2025 results on April 23. The quarterly revenues were aided by strong premium growth in the property segment. Higher net investment income also benefited the quarterly performance. However, the upside was offset by an elevated expense level due to the California Wildfires.RenaissanceRe reported a first-quarter 2025 operating loss of $1.49 per share, which missed the Zacks Consensus Estimate by 365.6%. Additionally, t ...