RenRe Q4 CR deteriorates to 91.7%, estimates $750mn LA wildfires Q1 negative impact

By Michael Loney

Published: Tue 28 Jan 2025

RenaissanceRe has reported a Q4 earnings beat despite its combined ratio deteriorating 15.7 points, while the Bermudian company also disclosed it expects a $750mn Q1 net negative impact from the Los Angeles wildfires based on a 1.5 percent share of industry losses.