RenRe’s Q1 CoR spikes 50.4 points to 128.3% driven by large loss events
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RenRe’s Q1 CoR spikes 50.4 points to 128.3% driven by large loss events

The property segment experienced a 113.5-point impact from the California wildfires.

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RenaissanceRe’s Q1 combined ratio jumped 50.4 points to 128.3%, as both the property and casualty segments experienced underwriting losses in the quarter due to large loss events.

The

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