BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

RenRe posts profit on light insured losses


PEMBROKE, Bermuda--RenaissanceRe Holdings Ltd. boosted profits to $560.5 million for the first nine months of the year, compared with a loss in the prior-year period.

Net income for the quarter, meanwhile, was $251.1 million, compared to a loss of $287.3 million in the third quarter of 2005.

In a conference call with analysts Tuesday, Neill Currie, chief executive officer of Pembroke, Bermuda-based RenaissanceRe, attributed the strong growth in earnings partly to light insured losses from catastrophes compared with 2005, which caused heavy storm-related loss activity.

RenaissanceRe also reported that gross written premiums increased to $1.75 billion for the first nine months of the year from $1.52 billion in 2005.