RenRe falls to Q1’25 underwriting loss amid $1.6bn California wildfire bill

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Reinsurance News - Apr 24, 2025

Bermuda-based reinsurer RenaissanceRe (RenRe) incurred net claims and claims expenses from large loss events of more than $1.7 billion in the first quarter of 2025, driven by almost $1.6 billion of net claims from the January California wildfires, leading the firm to record an underwriting loss in t...

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