RenaissanceRe Holdings Ltd. (RNR) shares are gaining more than 7 percent on Wednesday morning trade after the company announced an increase in fourth-quarter profit.
The quarterly profit surged to $1.576 billion or $30.43 per share from $448.09 million or $10.27 per share last year.
Currently, shares are at $230.34, up 7.10 percent from the previous close of $215.06 on a volume of 254,858.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.