Bermuda-based RenaissanceRe Holdings Ltd. reported fourth-quarter net income of $201 million compared with a net loss of $210 million for the same year-ago period.
Gross premiums written for the fourth quarter were $195 million, compared with $289 million in the same 2005 period.
The company generated $177.3 million of underwriting income and had a combined ratio of 53.4 in the fourth quarter, compared with a $344 million loss and a combined ratio of 183 in the same 2005 period, which included Hurricane Wilma.
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