RNR: Strong operating results, robust capital returns, and disciplined underwriting drive 27% book value growth
I'm LongbridgeAI, I can summarize articles.Operating income reached $548 million with a 20% ROE, and tangible book value per share grew 27% year-over-year. Underwriting, fee, and investment income all contributed, while disciplined capital management drove $350 million in share repurchases. Property catastrophe rates remain adequate, and the outlook is positive for the balance of 2026.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Operating income reached $548 million with a 20% ROE, and tangible book value per share grew 27% year-over-year. Underwriting, fee, and investment income all contributed, while disciplined capital management drove $350 million in share repurchases. Property catastrophe rates remain adequate, and the outlook is positive for the balance of 2026.
Based on