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International

RenaissanceRe expects $725 million in net catastrophe loss

October 14, 2021 Reprints

Bermuda-based reinsurer RenaissanceRe Holdings Ltd. expects $725 million in net catastrophe loss for the third quarter of the year, Artemis reported. The reinsurer expects a $210 million hit from the severe floods in Europe, $440 million hit from Hurricane Ida in the U.S. and the remainder of losses from other global events.

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6. Inflation drives 10% increase in sum insured for windstorms

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RenaissanceRe expects $725 million in net catastrophe loss

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