RenRe reports cat NPW up 36% and surging UW profit in Q1 earnings beat

RenaissanceRe president and CEO Kevin O’Donnell said he is confident the “attractive” reinsurance market will persist as the Bermudian reported it had grown net premiums written (NPW) in cat by 36 percent in the first quarter and improved consolidated underwriting profit by 85 percent to $369.6mn.