NU Online News Service, July 27, 11:39 a.m. EST
The second-quarter financial results of Pembroke, Bermuda-based reinsurance and insurance companies RenaissanceRe Holdings Ltd. and Endurance Specialty Holdings Ltd. were each adversely affected by losses tied to the tornado activity in the United States.
Tornado activity during the second quarter cost RenRe nearly $71 million as it reported net income of $24.8 million compared to $210.2 million during the same period a year ago.
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