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RenaissanceRe(RNR) - 2023 Q2 - Earnings Call Transcript
RNRRenaissanceRe(RNR)2023-07-27 03:46

Our other property book also continues to benefit from significant rate increases. Although net premiums written were down 4%, we have cut the risk in this book significantly with much of the reduction in cat-exposed business. We expect other property net premiums earned to continue to decline modestly in the third quarter. For the Property segment overall, we reported a combined ratio of 63% with a current accident year loss ratio of 41%. So far this year, cat activity has been well above average. In the s ...