AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Close
Create a link to this page
Copy and paste this link tag into your Web page or blog:
<a href="http://www.accessmylibrary.com/coms2/summary_0286-13221312_ITM" title="Facts and information about News - Massive Wilma hit pushes RenRe to first-ever loss.">News - Massive Wilma hit pushes RenRe to first-ever loss.</a>
Close
Set up an RSS feed that alerts you when new articles from Europe Intelligence Wire are available.
Frequently asked questions about RSS feeds
News - Massive Wilma hit pushes RenRe to first-ever loss.
(From Reinsurance)
Bermudian (re)insurer RenaissanceRe has reported a fourth-quarter net operating loss of $206.9m, due mainly to a $313.9m net negative impact from Hurricane Wilma.
These results compared to a net operating income of $188.6m reported for the fourth quarter of 2004. Neill Currie, chief executive, commented: "For the first time in our corporate history, we've had an operating loss for the year, which was chiefly the result of the very active hurricane season."
The Wilma bill of $313.9m reflects an increase from RenRe's prior initial estimate of ...
Related articles from newspapers, magazines, journals, and more
For more facts and information, see all results
- RIGHTCHOICE REPORTS 1994 NET INCOME OF $24.7 MILLION OR $1.49 PER SHARE;...
- Press release article from: Business Wire February 23, 1995 700+ words
...organization (PPO). The medical loss ratio for 1994 improved to 74.8 percent...of 1993, reducing the medical loss ratio for the quarter to 77.2 percent...4.6 million compared with an operating loss of $234,000 in the fourth quarter...
- John Alden Reports Operating Loss of $0.13 Per Share For 1996 Fourth Quarter...
- Press release article from: Business Wire March 10, 1997 700+ words
...Operations reported an operating loss for the 1996 fourth...compared with an operating loss of $0.63 per share...group health medical loss ratio was 83.3% for the...Operations reported an operating loss for all of 1996 of...
- American Physicians Capital reports operating loss of $1.1M.
- Newspaper article from: Health & Medicine Week March 17, 2003 700+ words
...Physicians Capital, Inc., reported a net operating loss of $1.1 million, or $0.12 per...quarter of 2002, compared to a net operating loss of $14.5 million, or $1.38 per...for the fourth quarter of 2001. Net operating loss excludes net realized losses on investments...
- Validus Announces Third Quarter Net Operating Loss of $53.1 Million and Net...
- Press release article from: Business Wire November 6, 2008 700+ words
...corresponding period in 2007. Net operating (loss) for the third quarter of...development, benefitting the loss ratio by 7.7 percentage points...6 percentage points to the loss ratio; * Net loss of $126.3...development, benefitting the loss ratio by 5.3 percentage ...
- John Alden reports operating loss of $0.95 per share for 1995 fourth quarter...
- Press release article from: Business Wire March 7, 1996 700+ words
...Financial Corp. (NYSE:JA) reported an operating loss for the 1995 fourth quarter of $0...business and generated a hindsighted loss ratio of 82.0% for 1995 versus 70.4...initially priced. As a result, the loss ratio is higher than had been expected on...
- Montpelier Re Reports Third Quarter 2008 Operating Loss of $55 Million, or...
- Press release article from: Business Wire October 23, 2008 700+ words
...the "Company") reported an operating loss of $55 million (or $0.65...September 30, 2008. The Company's operating loss reflects a combined net financial...of dividends. The Company's loss ratio for the third quarter of 2008...
- AMERICA SERVICE GROUP: SECOND QUARTER 1996 OPERATING LOSS IN LINE WITH...
- Press release article from: PR Newswire July 29, 1996 700+ words
...compensation charge 1,428 41 Total $3,474 100% The expected operating loss was projected in the Company's July 2, 1996, news release...over the comparable period of 1995. Second quarter medical loss ratio, excluding reserve and accrual adjustments, approximated...
- Harleysville Group Expects Third Quarter Operating Loss.
- Press release article from: PR Newswire October 4, 1999 700+ words
...companies, today announced that the company expects to report an operating loss of $0.01 to $0.07 per diluted share, compared with...per diluted share from Hurricane Floyd; a deteriorating loss ratio in commercial lines; and the previously announced $0...