RenaissanceRe Holdings Ltd. (RNR) Tuesday reported second-quarter net income of $120.8 million or $2.95 per share, up from $26.8 million or $0.60 per share last year.
Operating income dropped to $93.6 million or $2.28 per share from $96.4 million or $2.17 per share last year.
Total revenues rose to $331.2 million from $250.2 million last year.
Analysts polled by Thomson Reuters expected earnings of $2.81 per share on revenues of $329.6 million for the quarter. Analysts' estimates typically exclude special items.
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