RenaissanceRe Holdings Ltd. (RNR) reported first-quarter net income available to common shareholders of $190.4 million, down from $201.4 million last year.
However, on a per share basis, profit rose to $4.23 from $3.88, owing to lower number of outstanding shares in comparison to the year-ago quarter.
Operating income available to common shareholders was $176.6 million or $3.92 per common share for the first quarter of 2013, compared to $155.5 million or $1.98 in the same quarter of 2012.
Analysts polled by Thomson Reuters expected the company to report earnings of $3.06 per share for the quarter. Analysts' estimates typically exclude special items.
Meanwhile, total revenues for the quarter decreased to $343.31 million from $356.53 million in the year ago quarter. Five analysts had consensus revenue estimate of $331.29 million for the current quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.