RenRe slammed with $725mn in Q3 catastrophe claims
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RenRe slammed with $725mn in Q3 catastrophe claims

RenRe logo flooding roads cars.jpg

RenaissanceRe’s third-quarter catastrophe claims will cost it $725mn, the reinsurer said on Tuesday, including $440mn in losses from Hurricane Ida and $210mn in claims from the flooding in Northwestern Europe in July.

The third-quarter losses are higher than when the company took a $617mn hit from hurricanes Harvey, Irma, and Maria in the third quarter of 2017.

The

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